CREF Highlights

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

MBA Coronavirus Resource Update

In a Mar. 23 Member Letter, MBA President & CEO Robert Broeksmit, CMB, provided the following update on industry and economic developments regarding the coronavirus pandemic:

Fed Bolsters Efforts to Stem Economic Impact of Coronavirus

The Federal Reserve, in its most aggressive actions to date, announced further steps yesterday to mitigate the economic impact of the coronavirus pandemic, including actions strongly advocated for over the weekend by the Mortgage Bankers Association.

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.

MBA Urges Feds to Take Immediate Further Steps on Market Stabilization, Liquidity

The Mortgage Bankers Association on Sunday asked the Treasury Department and the Federal Reserve to take immediate further actions ensure orderly functioning of the housing finance market in response to the “extreme volatility” in financial markets arising from the spread of the coronavirus.