MBA: Share of Mortgage Loans in Forbearance Falls in April to 0.51%
The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance decreased by 4 basis points to 0.51% of servicers' portfolio volume as of April 30 from 0.55% in March.
#MBACMST23: How Servicers Stay Ahead of Challenges
CHICAGO--Commercial mortgage servicers must be able to adapt and pivot to face their daily challenges, servicing veterans noted at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
Redfin: Fewer Listings, Faster Home Sales
Redfin, Seattle, said fewer homes are selling than usual this spring—but the ones that are changing hands are going fast, with a small pool of buyers circling an even smaller pool of listings.
Dealmaker: The Mogharebi Group Secures $51M California Apartment Sale
The Mogharebi Group, Costa Mesa, Calif., arranged $50.5 million for The Landing Apartments, a 156-unit multifamily community in Ontario, Calif.
MBA Chart of the Week May 12, 2023: Mortgage Delinquency Rate, Unemployment Rate
This week’s chart shows that mortgage delinquencies and the unemployment rate continue to track each other closely.
Vote: MBA.org Finalist for Website of the Year
mba.org has been chosen as one of three finalists for the 2023 Sitefinity Website of the Year Awards. MBA members can vote to ensure mba.org is the winner.
