March Mortgage Credit Availability Posts Modest Increase
Mortgage credit availability rose in March after falling to a 10-year-low in February, the Mortgage Bankers Association reported Tuesday.
Housing Market Roundup, Apr. 11, 2023
Here is a quick summary of housing market stories that have recently come across the MBA NewsLink desk:
KBRA: Lodging Loan Performance Clouded by Upper-Upscale Chains
U.S. hotels have performed well overall since the pandemic, but upscale properties report higher commercial mortgage-backed securities delinquencies than more modest hotels, reported KBRA, New York.
MBA Chart of Week Apr. 7, 2023: IMB Loans Closed Per Production Employee Per Month
In this week’s MBA Chart of the Week, we look at the median productivity of production employees for these independent mortgage bankers, given this drop in production volume.
Dealmaker: Berkadia Arranges $87M for Office, Multifamily
Berkadia, New York, arranged $87 million in debt and equity for a Florida office property and an Arizona apartment community.
MBA NewsLink 2023 Tech All-Star: Christina Randolph of Freddie Mac
Randolph is a senior director in Freddie Mac’s Single-Family business where she leads a team tasked with ensuring industry software providers and lenders are optimizing the use of Freddie Mac’s digital tools and capabilities. She’s also an MBA NewsLink 2023 Tech All-Star Award recipient.
CONVERGENCE Partner Profile: Meghan Bartholomew of Radian
Meghan Bartholomew is Executive Vice President of Credit and Counterparty Risk Management with Radian, Philadelphia. She discussed Radian’s work with the CONVERGENCE initiative, a place-based partnership focused on narrowing the racial homeownership gap.
