MISMO Standardizes Property Financial Statement Data Exchange
MISMO®, the real estate finance industry standards organization, seeks public comment on a proposed standard to facilitate a more accurate and efficient exchange of commercial financial operating statement data.
CoreLogic: Homeowners Gained $3.2 Trillion in Equity in Q3
CoreLogic, Irvine, Calif., said homeowners with mortgages (which account for 63% of all properties) saw their equity increase by 31.1% year over year in the third quarter, representing a collective equity gain of more $3.2 trillion and an average gain of $56,700 per borrower.
November Foreclosures Down from October, Up from Year Ago
ATTOM, Irvine, Calif., reported 19,479 U.S. properties with foreclosure filings in November, down by 5 percent from October but up by 94 percent from a year ago.
CMBS Delinquency, Special Servicing Rates Fall
Trepp, New York, reported both the commercial mortgage-backed securities delinquency rate and special servicing rate dropped in November.
Industry Briefs Dec. 9, 2021: Agencies Announce Dollar Thresholds for Exempt Consumer Credit/Lease Transactions
The Federal Reserve Board and the Consumer Financial Protection Bureau announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2022 are exempt from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).