There is good news about the current interest rate reality, and it plays to our industry’s longer-term benefit, if lenders play it with discipline and creativity.

California, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, according to ATTOM, Irvine, Calif.

Kroll Bond Rating Agency, New York, just released its CMBS 2024 Sector Outlook, which forecasts U.S. issuance activity for the new year and highlights key credit trends from 2023. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their views on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2024. 

The Mortgage Bankers Association weighed in yesterday at the House Financial Services Committee’s Subcommittee on Housing and Insurance hearing on housing affordability, governmental barriers and market-based solutions.

Industry news from Floify, Insellerate, Snapdocs and CBC Mortgage Agency.

Home equity lending is back. According to the Mortgage Bankers Association’s Home Equity Lending Study, originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased by 50% in 2022 compared to 2020.