Last week, the Senate Banking Committee held nomination hearings for Federal Reserve Chair nominee Jerome Powell, Federal Reserve Vice Chair nominee Lael Brainard, and FHFA Director nominee Sandra Thompson. Additionally, President Joe Biden announced his intention to nominate Sarah Raskin to be the next Federal Reserve Vice Chair for Supervision, as well as Lisa Cook and Philip Jefferson to be Federal Reserve Governors.

Sustainability is moving up the corporate priority list and investors are rethinking value, making the threat of a commercial real estate “brown discount” more real than ever, said JLL, Chicago.

The Mortgage Bankers Association’s Developing Leaders Mentoring Program is a newly launched 12-month program designed to support development of employees within our member organizations.

Black Knight, Jacksonville, Fla., said rapidly rising mortgage interest rates have shrunk the number of “high-quality” refinance candidate households to just 7.1 million, the lowest total since November 2019.

On Friday, January 7, the U.S. Department of Treasury released its latest monthly update on allocation of funds from the Emergency Rental Assistance program.