MBA Advocacy Update Dec. 13, 2021
On Tuesday, HUD issued guidance around the application of the Fair Housing Act to Special Purpose Credit Programs. On Monday, MBA and other financial services trade associations submitted recommendations to HUD regarding the impact of the transition on loans insured by FHA. And Congress took procedural steps to inch closer to raising the federal debt limit and negating the prospect of defaulting on the national debt.
Consumer Price Index: Paying Like It’s 1982
Inflation—sure to be a topic at this week’s Federal Open Market Committee meeting—roared like a lion in November, jumping by nearly 7 percent year over year to its fastest pace in nearly 40 years, the Bureau of Labor Statistics reported Friday.
Office-to-Industrial Conversions Increase
As the industrial market soars and the office market remains soft, more developers are converting office product into industrial properties, reported Newmark, New York.
MBA Chart of the Week: Payment & Employment Characteristics
This week’s MBA Chart of the Week zeroes in on selected payment and employment characteristics of households who made and missed their rent and mortgage payments in September.
The Week Ahead Dec. 13, 2021: Four Things to Know
Good morning! It’s beginning to look a lot like the holidays—but we’ve still got a few weeks of business to take care of, first. Here are four things to look for this week:
