Vacant residential properties increased 1.3% in the second quarter to 1.28 million houses, reported ATTOM, Irvine, Calif.
Category: News and Trends
FHFA Requests Input on Multifamily Tenant Protections
The Federal Housing Finance Agency last Tuesday requested input on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac.
CoreLogic Says 33M Homes at Risk in 2023 Hurricane Season
CoreLogic, Irvine, Calif., reported 33 million U.S. properties are at risk of hurricane-force wind damage, with reconstruction cost value of $11.6 trillion, as the 2023 hurricane season kicks off.
Commercial Real Estate Reset? A Special Servicing Roundtable
As property sale transactions and originations stall, MBA NewsLink interviewed two special servicing executives and a CMBS researcher to get their insights on the commercial real estate finance landscape and outlook.
MBA Launches Upgraded CONVERGENCE Site
The Mortgage Bankers Association announced a revamped version of the CONVERGENCE section of its website, aiming to benefit its members and a broader audience.
Quote: Tuesday, June 6, 2023
“Delinquency rates increased for every major capital source during the first quarter, foreshadowing additional strains that are likely to work their way through the [commercial real estate] system.”
–MBA Head of Commercial Real Estate Research Jamie Woodwell
MBASecondary23: As Fed, Banks Step Away from MBS, New Investors Prepare to Play
NEW YORK–The supply of available mortgage-backed securities for purchase in the private market is expected to increase drastically over the next two years.
MBASecondary23: Solving the Affordability Puzzle
NEW YORK–Affordability is among the top challenges for the housing market. Having strong counterparty relationships and sustainable products helps lenders to better serve the market and maintain liquidity.
MBASecondary23: A Look Ahead at Government Lending
NEW YORK–Leaders of FHA, the Federal Housing Finance Agency and Ginnie Mae shared recent developments and their outlook for future policies and activities here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo.
MBASecondary23: How the FHLBs are Evolving in a Changing Market
NEW YORK–Not everyone can become a member of the Federal Home Loan Bank System—just ask most independent mortgage banks.