Ahead of a confirmation hearing Thursday morning, the Mortgage Bankers Association sent a letter to the Senate Banking Committee in support of Alanna McCargo, the Biden Administration’s nominee for President of Ginnie Mae.
Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
In the first of three key employment barometers this week, ADP, Vineland, N.J., said private-sector employment increased by 568,000 jobs from August to September.
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, the Mortgage Bankers Association's latest CREF Loan Performance Survey reported.