WASHINGTON, D.C.–The current economic situation is ‘unprecedented,’ said MBA Chief Economist Mike Fratantoni during the MBA Live: State of the Industry virtual conference on Tuesday.
Tag: Economy
CRE Finance in an Uncertain World
MBA hosted a webinar on Friday, March 27 with commercial real estate finance industry leaders to discuss COVID-19’s impacts on the industry.
MBA, Trade Groups Ask DHS to Declare Housing ‘Essential Infrastructure Business’
The Mortgage Bankers Association joined more than 90 industry trade groups in a letter to the Department of Homeland Security, urging DHS to designate construction of single-family and multifamily housing as an “Essential Infrastructure Business.”
Matt Hansen: New-Era ‘What-if’ Scenarios
The pandemic is evolving rapidly, requiring businesses to respond quickly. By this point, most lenders have confirmed employee well-being and transitioned workers to remote environments where possible. For their next move, lenders need to start playing an aggressive game of “what if.”
Matt Hansen: New-Era ‘What-if’ Scenarios
The pandemic is evolving rapidly, requiring businesses to respond quickly. By this point, most lenders have confirmed employee well-being and transitioned workers to remote environments where possible. For their next move, lenders need to start playing an aggressive game of “what if.”
Matt Hansen: New-Era ‘What-if’ Scenarios
The pandemic is evolving rapidly, requiring businesses to respond quickly. By this point, most lenders have confirmed employee well-being and transitioned workers to remote environments where possible. For their next move, lenders need to start playing an aggressive game of “what if.”
Fed Revs Up Efforts to Stem Economic Effects of Coronavirus
The Federal Reserve, in its most aggressive actions yet, announced further steps this morning to mitigate the economic impact of the coronavirus pandemic, including actions strongly advocated for over the weekend by the Mortgage Bankers Association.
Fed Cuts Interest Rates to Zero; Announces $700 Billion in Stimulus
The Federal Reserve yesterday pre-empted its own regularly scheduled policy meeting this week, announcing an extraordinary full percentage point cut to the federal funds rate and sweeping purchases of government bonds and agency mortgage-backed securities.
How the Mortgage Market Has Changed Since Great Recession
A report from Clever Real Estate said in the years since the Great Recession, the mortgage market—currently exploding in refinances—remains a “mixed bag.”
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.