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.
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, 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.
The Mogharebi Group, Costa Mesa, Calif., arranged $50.5 million for The Landing Apartments, a 156-unit multifamily community in Ontario, Calif.
This week’s chart shows that mortgage delinquencies and the unemployment rate continue to track each other closely.
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.