MBA Newslinks Archive

“As the legacy of the housing crash continues to subside, markets become healthier and more stable in the long run.”
–Alex Villacorta, Vice President of Research and Analytics with Clear Capital, Reno, Nev.

“Today’s corporate real estate executives must balance the new workforce desires with a realistic workplace strategy that brings talent and expense management into simultaneous focus.”
–CBRE Americas Head of Occupier Research Julie Whelan. 

“Today, the lag in recovery can still be seen in states with judicial foreclosure laws, where the foreclosure process can take up to two years.”
–Tom O’Grady, CEO of Pro Teck Valuation Services. 

“Today’s success was a direct product of over a year of advocacy by MBA and its members–whose shoe leather lobbying in the halls of Congress, during the National Advocacy Conference and through the Mortgage Action Alliance, helped build support for this important effort. Put simply, this is what happens when our members partner with MBA in sustained activism.” 
–MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, on a House Financial Services Committee markup of legislation that would enable mortgage loan originators to move from one institution to another while working to meet SAFE Act licensing and testing requirements.  

“H.R. 2121 promotes a fair and competitive labor market by eliminating barriers to the ability of non-bank lenders (especially small lenders) to compete for talented staff and allowing MLOs to more easily move to the employer that offers them the best chance to succeed. We urge the full committee to give this common-sense legislation its approval.”
–MBA Chairman Bill Emerson, CEO of Quicken Loans Inc., Detroit, in a letter to House Financial Services Committee members in support of a bill that would provide transitional authority to originate mortgages for individuals who move from a federally insured institution to a non-bank lender while they work to meet SAFE Act licensing and testing requirements. .  

“The lack of focus and urgency on this issue is creating more speculation about the GSEs’ future.”
–MBA President and CEO David Stevens, CMB, speaking yesterday at a Congressional Education Series briefing on Capitol Hill.

“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. 

“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.

“Despite the disappointing monthly reading, the overall trend in new home sales remains intact.”–Wells Fargo Securities Senior Economist Mark Vitner.

“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.