The Mortgage Bankers Association and more than a dozen industry trade groups warned Congress that legislation and a separate Biden Administration proposal to change longstanding tax laws on “carried interest” could have damaging implications for Americans who use partnerships to develop, own and operate real estate.
Mortgage applications fell to their lowest level in nearly a year and a half amid volatile interest rate activity, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 25.
MISMO®, the real estate finance industry standards organization, seeks public comment on a proposed standard for Commercial Green Utility Data. The 90-day comment period begins June 30 and runs through September 30.
Two home price reports issued Tuesday said annual price gains in home prices nationwide straddled a nearly unprecedented 15 percent.
MBA RIHA Study: Older Homeowners, College-Educated Individuals More Likely to Leave Workforce After Job Loss
Older college-educated homeowners are two times more likely to leave the workforce after a job loss than renters, according to a new research report released Tuesday by the Mortgage Bankers Association's Research Institute for Housing America.