MBA Advocacy Update Sept. 26 2022
On Wednesday, MBA President and CEO Bob Broeksmit, CMB, joined a small group of industry and affordable housing leaders at the White House for a constructive meeting on ways to address housing supply and affordability challenges across the country. On Tuesday, MBA member David Battany, Executive Vice President of Capital Markets at Guild Mortgage, testified before a Senate subcommittee on USDA’s Rural Housing Service lending program.
MISMO Call for Participants for New Commercial Community of Practice
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new Commercial Community of Practice focused on monitoring commercial and multifamily industry trends and exploring potential standards for commercial and multifamily initiatives.
Sustainability, Infrastructure Top of Mind for Data Center Operators
Sustainability and infrastructure remain the biggest concerns for data center operators, said JLL, Chicago.
MBA Chart of the Week Sept. 23, 2022–Fed Dot Plots
In response to inflation continuing to run well above its target of 2%, the Federal Reserve this week again raised the federal funds target by 75 basis points. Now at 3%, the rate above what most FOMC members consider to be the long-term level and should be effective in reducing demand and slowing inflation over time.
