“The U.S. is a big, wealthy country with a lot of great cities, but you have to approach it with a bit of caution until you know what you’re getting into.”
–Mark Burlton, global executive with CBRE, Los Angeles.
MBA Newslinks Archive
MBA Newslink Friday 2-26-16
“The real estate community seems to believe that as more Times Square commercial real estate becomes available, tenants will be reluctant to move there, largely because of the perception that the neighborhood is chaotic and overrun with tourists.”
–Marks Paneth Partner-in-Charge William Jennings.
MBA Newslink Thursday 2-25-16
“Despite the disappointing monthly reading, the overall trend in new home sales remains intact.”–Wells Fargo Securities Senior Economist Mark Vitner.
MBA Newslink Wednesday 2-24-16
“Outside of the volatility of the Chinese stock market, which spooked markets globally back in August and has done so again recently, there is a wider concern about global economic growth.”
–JLL Global Capital Markets Research Director David Green-Morgan.
MBA Newslink Tuesday 2-23-16
“Servicers have a tendency to look at a green screen and see a property, a name and an address. When you go to the neighborhood itself, you get a whole different perspective.”
–James Taylor, Senior Vice President of Asset Management and Preservation with Wells Fargo Home Mortgage, San Francisco.
MBA Newslink Monday 2-22-16
“The goal is to meet the customer with their preferred platform so that we can communicate better and lead with value. You’re selling a solution; you’re selling an opportunity.”
–Eric Selk, executive director of the HOPE NOW Alliance, Washington, D.C.
MBA Newslink Friday 2-19-16
“As the job market has improved and national home prices have rebounded, fewer borrowers were becoming seriously delinquent, while borrowers previously behind on their payments were in a better position to pursue alternative options to resolve delinquent loans.”
–MBA Vice President of Industry Analysis Marina Walsh.
MBA Newslink Thursday 2-18-16
“We have come a long way and have been largely successful because of our common goal. Industry, policymakers and consumer advocates all want to provide consumers with quality loan servicing. We want a strong servicing market that allows us to do business and works well for consumers.”
–MBA Vice Chair J. David Motley, CMB.
MBA NewsLink Wednesday 2-17-16
“Questions arise about future [small-cap commercial real estate] leasing momentum. Despite the elevated year-end demand figures, annual demand trailed the high-water mark set in 2014 during the post-financial crisis era.”
–Randy Fuchs, Principal with Boxwood Means, Stamford, Conn.
MBA Newslink Tuesday 2-16-16
“It’s time to think differently about how taxpayer-backed entities, especially those regulated by the FHFA, can be deployed to serve the entire housing market and not just a limited set of participants. The housing finance system is rapidly innovating new business models, in response to new economic and demographic fundamentals and new regulation. We must think differently about making sure liquidity and capital can support all qualified, compliant companies that serve today’s housing community.”
–MBA President and CEO David Stevens, CMB, in an op-ed calling for changes to the Federal Home Loan Bank System’s membership criteria.