MISMO Seeks Member Comment on Bids Wanted in Competition Dataset
MISMO®, the real estate finance industry standards organization, seeks public comment on a new Bids Wanted in Competition dataset, which allows mortgage originators and dealers to automate the bidding process for mortgage-backed-securities.
Adaptive Reuse Apartments Up 25% from Pre-Pandemic Numbers
Adaptive reuse apartments--other property types converted into apartments--have jumped 25% compared to pre-pandemic levels, reported RentCafe, Santa Barbara, Calif.
Initial Claims Down 1,000
In the third of four major jobs reports this week, the Labor Department on Thursday reported initial claims for unemployment insurance fell by 1,000 last week, reflecting continued strong demand for jobs despite inflation pressures.
The Office Sector Paradox
Office-using employment increased this year, but office absorption remains negative, reported Cushman & Wakefield, Chicago.
Industry Briefs Nov. 4, 2022: Click n’ Close Launches SmartBuy Loan Suite
Click n’ Close, Addison, Texas, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, launched SmartBuy, a suite of loan programs designed to give low and moderate-income homebuyers an advantage.