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MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2023
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88% of all loans outstanding at the end of the fourth quarter of 2023, according to the Mortgage Bankers Association’s National Delinquency Survey.
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MBA Releases Statement on IMBs Following Congressional Hearings on FSOC’s Annual Report to Congress
MBA’s President and CEO Bob Broeksmit, CMB, released a statement in response to commentary made on independent mortgage banks during last week’s Congressional hearings on the Financial Stability Oversight Council’s Annual Report to Congress.
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DLA Piper: ‘Community’ Theme Among 2023 Commercial Real Estate Trends
DLA Piper, London, released its 2023 Year-End Real Estate Trends report, noting that its transaction volume has begun to resemble pre-pandemic levels. In terms of what that environment looks like, the firm reported community--where people live and the goods and services they want close to home--was a recurring presence.