“These results are consistent with the still-increasing pace of single-family housing starts and permitting activity reported over the last several months. The low supply of existing homes on the market and changing household preferences toward newer, larger homes, continue to spur buyer demand.” --Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.

Bank mergers and increasing online banking have led to numerous bank branch closings in recent years, which could have a “profound” effect on commercial real estate, said DBRS Morningstar, Toronto.

The Mortgage Bankers Association recently launched a new campaign with its state and local association partners aimed at updating state law and rules to provide mortgage loan originators and their state licensed employers greater flexibility for remote location work arrangements during—and especially beyond—the coronavirus pandemic.