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MBA Advocacy Update Apr. 25 2022
On Monday, FHA published Mortgagee Letter 2022-07, which adds to the agency’s COVID-19 Recovery Loss Mitigation Options a loan modification with a 40-year term used together with a partial claim. On Tuesday, MBA sent a letter to CFPB requesting the Bureau provide the industry with the statutory basis for its requests to obtain privileged attorney-client communications during supervisory examinations.
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MISMO Seeks Public Comment on MEG 27 to Assess Compatibility Across Reference Model Versions
MISMO®, the real estate finance industry standards organization, seeks public comment on MISMO Engineering Guideline 27, which provides guidance to determine if a new version of the MISMO Reference Model is compatible with a previously implemented solution.
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MBA Chart of the Week Apr. 22 2022: IMB Production
This week’s chart shows average production employees (sales, fulfillment and support staff for such functions as production technology, post-closing and secondary marketing) and median productivity of sales staff from 2012 through 2021.
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Small-Cap CRE Prices ‘Rationally Tracking’ Fundamentals
Small-cap commercial real estate prices have accelerated at an unprecedented rate but are not overinflated, reported Boxwood Means LLC, Stamford, Conn.
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The Week Ahead, Apr. 25, 2022: MBA National Advocacy Conference and 4 Other Things to Know
Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week: