Mortgage credit availability fell in February to its lowest level in more than 10 years, the Mortgage Bankers Association reported Tuesday.
HUD on Monday submitted a $73.3 billion fiscal 2024 budget, an increase of $1.1 billion from the current fiscal 2023 enacted funding level, including $104 billion for new mandatory affordable housing investments.
The Mortgage Bankers Association announced the members of its 2023 Affordable Rental Housing Advisory Council.
Here is a summary of recent housing reports that have come across the MBA NewsLink desk:
The single-family rental sector will likely face cyclical headwinds this year, but the long-term outlook remains firmly positive, reported Arbor Realty Trust, Uniondale, N.Y.
At MBA’s CREF Convention in San Diego last month, we released the results of our annual survey of upcoming commercial and multifamily mortgage maturities. The survey collects information directly from loan servicers on when the loans they service mature.