MBA Advocacy Update Feb. 22 2022
Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.
CREF22: ESG, CRE and Green Lending
SAN DIEGO -- As climate change intensifies, investors, owners and lenders increasingly demand environmental, social and governance reporting, panelists said here at the Mortgage Bankers Association’s 2022 Commercial/Multifamily Finance Convention and Expo.
Existing Home Sales Fire Up as Rates Rise
Ahead of rapidly rising interest rates and a dearth of new housing, the National Association of Realtors on Friday said January existing home sales jumped by nearly 7 percent from December.
MBA Chart of the Week: Warehouse Lines for First Mortgages
The average usage level of first-mortgage warehouse lines – the percentage of outstanding borrowings to warehouse facility limits – fell for the sixth consecutive quarter to 38% as of the end of the fourth quarter, according to MBA’s quarterly Warehouse Lending Survey.
CREF22: View from the C-Suite
SAN DIEGO -- Commercial real estate CEOs are optimistic about the near future, executives said here at the Mortgage Bankers Association's 2022 Commercial/Multifamily Finance Convention and Expo.