WASHINGTON--As Mortgage Bankers Association members take to the nation’s capital--and U.S. Capitol Building--to share the industry’s story with lawmakers and hear from legislative stakeholders via the National Advocacy Conference, key policy and regulatory topics such as Basel III endgame, housing supply and HUD Secretary Marcia Fudge stepping down are top of mind.

Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 15, 2024.

JLL Capital Markets, Chicago, closed $135 million in first-lien financing for Cross Creek Ranch, a 122,000-square-foot mixed-use property in Malibu, Calif.