MBA Advocacy Update May 30, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Update on Debt Limit
Responding to MBA member concerns about the negative market and operational impacts for real estate finance firms in the event of a U.S. debt default, MBA President & CEO Bob Broeksmit, CMB, released the following statement.
MBA Chart of the Week May 30, 2023: Affordability Continues to Erode
MBA recently released its April Purchase Applications Payment Index (PAPI), which revealed that affordability continued to erode in the first four months of 2023.
CBRE Again Raises Forecast for 2023 Hotel Performance
CBRE, Dallas, raised its hotel performance outlook for this year once again, improving its forecast for revenue per available room to $97.89, up 6% year-over-year, and an increase of 43 cents from its previous forecast.
#MBASecondary23: A Look Ahead at Government Lending
NEW YORK--Leaders of FHA, the Federal Housing Finance Agency and Ginnie Mae shared recent developments and their outlook for future policies and activities here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo.
