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Volume 23 Issue 14

Monday, January 22, 2024

MBA Announces Support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024

On Jan. 16, Sen. Ron Wyden, D-Ore., and Rep. Jason Smith, R-Mo., released H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. The Mortgage Bankers Association strongly supports the bipartisan, bicameral bill.

MBA Advocacy Update: Basel III Letter Calls for Changes to Mortgage Provisions; Congress Passes Another CR to Avoid a Government Shutdown; MBA Supports Bipartisan Tax Package

This week’s top legislative and policy news from the Mortgage Bankers Association.

MBA Chart of the Week: End of Quarter Delinquency Status

Ongoing challenges in commercial real estate markets pushed the delinquency rate on CRE-backed loans higher in the final three months of 2023.

MBA VIDEOS

Attendees made HERstory at mPowering You 2023

Attendees made HERstory at mPowering You 2023

MBA Research Minute

MBA Research Minute

MBA Eye on Washington

MBA Eye on Washington

mPower Moments: Hard Work and Limitless Opportunities with Fannie Mae’s Priscilla Almodovar

mPower Moments: Hard Work and Limitless Opportunities with Fannie Mae’s Priscilla Almodovar

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TOP NATIONAL NEWS

Mortgage Bankers Association Backs ‘Tax Relief For American Families And Workers Act Of 2024’
Listen: An Interview With & Tribute to David H. Stevens – A Friend and Iconic Industry Leader
What to Look for in Emerging Purchase Market
Home Equity Yields at Banks Higher than Credit Unions
Data Shows Significant Drop in Mortgage Lock Volume
The Economy Is Starting to Look Normal—Housing Isn’t
Uncle Sam Offers a Boost to Fixer-Uppers
Should Homebuyers Consider an Attorney Opinion Letter to Reduce Closing Costs?
Single Women in the U.S. Own More Homes Than Single Men, Study Shows
Blackstone Is Moving Back Into Rental Homes With Tricon Deal
In Boston’s Priciest Neighborhood, Buyers Fork Over More Per Square Foot Than Anywhere in the U.S.

MBA NEWS

MBA Servicing Solutions Conference & Expo in Orlando Feb. 20-23
February 13-16: School of Mortgage Banking I in Washington D.C.
MBA Technology Resource Center

Quote: Jan. 22, 2024

“We commend House Ways and Means Committee Chairman Jason Smith and Senate Finance Committee Chairman Ron Wyden for their bipartisan, bicameral work on this tax package and call on lawmakers to pass the proposal as soon as possible.” --MBA President and CEO Bob Broeksmit

Dealmaker: Peachtree Group Originates $73M for Construction, CPACE Financing for San Diego Hotel

Peachtree Group, Atlanta, announced it originated $73 million in a construction loan and CPACE financing for the development of a 263-room dual-brand Home2 Suites and Tru by Hilton Hotel in San Diego.

January 19, 2024

Existing-Home Sales Dip in December

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Existing-home sales dipped 1.0% in December to a seasonally adjusted annual rate of 3.78 million, the National Association of Realtors reported Friday.

January 19, 2024

MBA NewsLink Q&A with Berkadia’s JV Equity & Structured Capital Group

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MBA NewsLink recently interviewed Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick from Berkadia’s JV Equity & Structured Capital Group about the state of the equity market.

January 19, 2024

STRATMOR Group’s Garth Graham-Evaluate Sales Compensation Structure to Regain Profitability

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When looking to cut loan production costs, mortgage bankers tend to look closely at fulfillment—or back office expenses—yet the opportunity for significant savings there is limited.

January 21, 2024

MBA Affordable Housing Partner Spotlight-Debbie Campbell from X-Caliber

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(One in a recurring series about MBA CONVERGENCE, the Mortgage Bankers Association’s affordable housing initiative.)

January 19, 2024

Matic: Challenges in Home Insurance Market Likely to Continue

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Matic, Columbus, Ohio, in a recent year-end report noted 79% of mortgage lenders experienced an increase in problems with home insurance in the past year, among other challenges. Moreover, the company predicted such challenges may persist into 2024.

January 19, 2024

2024 mPact Summit April 4 in Plano, Texas

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Join your real estate industry young professional peers for MBA mPact's second annual Summit on Thursday, April 4.

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One Voice. One Vision. One Resource. The Mortgage Bankers Association (MBA) is the national association representing the entire real estate finance industry. For more information visit us at our website.

President and CEO: Robert Broeksmit, CMB

Publisher: Marcia Davies, Chief Operating Officer

Vice President of Public Affairs: John Mechem

Editor: Michael Tucker | 202/557-2851

Editorial Manager: Anneliese Mahoney | 202/557-2938

Senior Advertising & Editorial Specialist: Emani Curry | 202/557-2774
Advertising Opportunities: Bill Farmakis | 203/834-8832