CRE Executives Cite Economic Cycle as Top Concern

Shuttered and restaurants and well-meant extension of tenant and borrower protections rank as real estate executives’ top concerns, reported law firm Seyfarth, Chicago.

The Week Ahead—Feb. 22, 2021

Good morning! It’s one month until spring—hang in there, Texas. Compared to recent events here in Washington, this week promises to be somewhat quieter. Or perhaps not.

Fed Sends ‘Loud and Clear’ Message on Low Rates

There were no real surprises coming out of yesterday’s Federal Open Market Committee meeting—there haven’t been for months, now—but according to Mortgage Bankers Association Chief Economist Mike Fratantoni, the message it sent was loud and clear.

The Week Ahead

Good morning! By this coming weekend, the strangest spring in memory will give way to…probably the strangest summer in memory.

Groundswell of Support Builds for Federal Liquidity Facility

Last week, the Mortgage Bankers Association made headlines—not just in MBA NewsLink but across the news spectrum—when it reacted strongly to Federal Housing Finance Agency Director Mark Calabria’s indifference to the need for a federally based liquidity facility for mortgage servicers resulting from economic fallout from the coronavirus pandemic.

Fed Announces Additional $2.3 Trillion in Government Loan Facilities

The Federal Reserve yesterday announced a dramatic increase to the scale and scope of its mortgage-backed securities purchases, providing up to $2.3 trillion in new loans to support the economy to bolster the ability of state and local governments to deliver services during the coronavirus pandemic.

Fed Announces Additional $2.3 Trillion in Government Loan Facilities

The Federal Reserve this morning announced a dramatic increase to the scale and scope of its mortgage-backed securities purchases, providing up to $2.3 trillion in new loans to support the economy to bolster the ability of state and local governments to deliver services during the coronavirus pandemic.