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MBA Advocacy Update Feb. 21, 2023
Last week, MBA joined 10 other trade associations in a letter to the Securities and Exchange Commission requesting an extension to the recently re-proposed Securitization Conflicts of Interest Rule.
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#MBACREF23: Solving America’s Affordable Housing Supply Challenge
SAN DIEGO--The persistent affordable rental housing shortage is growing worse as rents rise faster than incomes in many places, industry practitioners said here at the MBA Commercial/Multifamily Finance Convention & Expo.
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Housing Market Roundup: Feb. 21, 2023
Here’s a summary of recent housing industry articles that have come across the MBA NewsLink desk:
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MBA Chart of the Week Feb. 17, 2023: Warehouse Lending
According to MBA’s latest Warehouse Lending Survey, warehouse lenders – as of the end of fourth-quarter 2022 – reported an average outstanding balance of $15.4 million per active client on their warehouse lines for first mortgages held for sale. This marks the fifth consecutive quarterly decline in per-client outstandings
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January New Home Purchase Mortgage Applications Up 42%
Mortgage applications for new home purchases in January jumped by 42 percent from December but fell by 3.5 percent from a year ago, the Mortgage Bankers Association reported Friday.