Loans in forbearance fell again in January to pre-pandemic lows, the Mortgage Bankers Association reported on Monday.
Category: News and Trends
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“Figure out what your company is doing on ESG. Because you don’t want to be at an investor meeting and have a ‘deer in the headlights’ moment when people ask you what you are doing on ESG.”
–Lisa Brylowski, Global ESG Coordinator and Vice President with Brookfield Asset Management, Toronto.
MISMO Seeks Comment on Reporting Guide to Facilitate Exchange of Forbearance Data
MISMO®, the real estate finance industry standards organization, seeks public comment on a new guide and sample credit response designed to help industry professionals using MISMO Reference Models v3.4 and v3.5 better report on loans that have been in or are in forbearance.
CREF22: ESG, CRE and Green Lending
SAN DIEGO — As climate change intensifies, investors, owners and lenders increasingly demand environmental, social and governance reporting, panelists said here at the Mortgage Bankers Association’s 2022 Commercial/Multifamily Finance Convention and Expo.
CoreLogic: 1 in 10 U.S. Residential Properties Affected by Natural Disasters in 2021
CoreLogic, Irvine, Calif., said nearly 14.5 million single-family and multifamily homes—nearly 10 percent of all U.S. residential properties—were directly affected by natural disaster events in 2021.
Million-Dollar Cities Club Gets 146 New Members
Zillow, Seattle, reported a record 146 U.S. metros became new “million-dollar cities” in 2021, making 481 cities in which the typical home value is at least $1 million.
CREF22: As Issuance Rebounds, Securitization Products Adapt
SAN DIEGO–Commercial mortgage-backed securities are evolving as issuance bounces back, analysts said here at the 2022 MBA Commercial/Multifamily Finance Convention and Expo.
MISMO Seeks Comment on Reporting Guide to Facilitate Exchange of Forbearance Data
MISMO®, the real estate finance industry standards organization, seeks public comment on a new guide and sample credit response designed to help industry professionals using MISMO Reference Models v3.4 and v3.5 better report on loans that have been in or are in forbearance.
MBA Submits Comments to OCC on Draft Principles for Climate-Related Financial Risk Management
The Mortgage Bankers Association last week submitted comments to the Office of the Comptroller of the Currency on its draft principles for climate-related financial risk management for large banks.
Quote
“Figure out what your company is doing on ESG. Because you don’t want to be at an investor meeting and have a ‘deer in the headlights’ moment when people ask you what you are doing on ESG.”
–Lisa Brylowski, Global ESG Coordinator and Vice President with Brookfield Asset Management, Toronto.