BREAKING NEWS
2021 Multifamily Lending Hits Record $487 Billion
Multifamily lenders provided a record $487.3 billion in new apartment buildings with five or more units, the Mortgage Bankers Association reported Tuesday.
MISMO®, the real estate finance industry standards organization, announced availability of its enhanced Commercial Appraisal Dataset Standard.
The Mortgage Bankers Association announced Lisa J. Haynes, MBA Senior Vice President, Chief Financial Officer and Chief Diversity and Inclusion Officer, has been honored as one of HousingWire's 2022 Women of Influence.
For the first time in nine years, the top-ranked mortgage servicer in J.D. Power’s annual rankings of customer satisfaction is not Rocket Mortgage.
ATTOM, Irvine, Calif., said profit margins on typical home sales hit another record in the second quarter amid the fastest rise in home prices in more than a decade.
According to MBA’s Monthly Loan Monitoring Survey, the share of loans in forbearance dropped slightly to 0.81 percent of servicers’ portfolio volume as of June 30, 2022, from 0.85 percent the prior month.
Eastern Union, New York, secured $73 million in financing to acquire seven retail centers in four states.
Rhonda McGill is Senior Director of Client Solutions with PerformLine, Morristown, N.J.
Todd Rasmussen is President and Chief Operating Officer at Equity Valuation Partners, a provider of home value services, valuation tools and property value data for the real estate industry. He has been a residential appraiser since 1990 and started in the appraisal management company space in 2009.
ACES Quality Management, Denver, enhanced its reporting library within its flagship audit platform ACES Quality Management & Control software to help align with recent mortgage quality control reporting recommendations issued by Fannie Mae.
Activities of note on Capitol Hill:
Last Wednesday night, Senator Joe Manchin, D-W.V., Senate Majority Leader Chuck Schumer, D-N.Y., and the White House reached agreement on a $740 billion reconciliation package, giving Senate Democrats another chance to enact broad climate and tax code changes before the end of Fiscal Year 2022.
Former House Speaker Paul Ryan, R-Wis., keynotes the Opening General Session at the Mortgage Bankers Association's Annual Convention & Expo on Monday, Oct. 24 at 8:30 a.m. CT.
The Mortgage Bankers Association is accepting entries for its annual Diversity, Equity and Inclusion Residential Leadership Awards; entry deadline is Friday, Aug. 5.
