ANNOUNCEMENT
The MBA Forbearance & Call Volume Survey, which normally comes out on Mondays, will be released Tuesday at 4:00 p.m. ET. MBA NewsLink will provide coverage in its Wednesday, Sept. 8 edition.
Last week, the Biden administration announced a series of actions intended to boost the supply of affordable housing and supplement the larger-scale initiatives of the administration’s “Build Back Better” agenda. The announcement noted the long-standing gap between the supply of and demand for affordable housing – for both homeowners and renters.
U.S. employers added 235,000 jobs in August—considerably below July’s massive 1.05 million job gain—as the economy struggled to hold momentum amid rising Delta variant coronavirus cases, the Bureau of Labor Statistics reported Friday.
Commercial real estate values have returned to pre-pandemic levels in many U.S. markets, continuing a recovery that began at year-end 2020, said CBRE, Dallas.
Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.
Alterra Home Loans LLC, Las Vegas, promoted Marc Hernandez to president, responsible for sales, operations and marketing.
Institutional Property Advisors, Ontario, Calif., sold two Phoenix-area multifamily properties in transactions totaling $107.3 million.
The Mortgage Bankers Association’s Path to Diversity Scholarship Program recently gained an important partner in U.S. Mortgage Insurers, Washington, D.C. MBA NewsLink spoke with Lindsey Johnson, President of USMI, on how the company became involved with the Path to Diversity Scholarship Program.
On June 30, the Federal Financial Institutions Examination Council issued a new booklet. We identified critical guidelines from the new booklet that will introduce fresh challenges to your financial institution.
MBA Education presents its popular School of Mortgage Servicing online instructor-guided course, taking place Oct. 5-15.
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.
mPowering You, MBA’s Summit for Women in Real Estate Finance, takes place Saturday, Oct. 16 at the San Diego Convention Center just ahead of the MBA Annual Convention & Expo (Oct. 17-20).
The Mortgage Bankers Association introduces a new offering to its members -- the Diversity, Equity and Inclusion (DEI) Study -- separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
