Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.
Category: News and Trends

CBRE: Houston ‘Resilient’ After Hurricane Harvey
Hurricane Harvey dropped more than 50 inches of rain in the Houston area, but the city has survived at least eight other severe floods and hurricanes since 1998 and it will rebound from this, too, said CBRE, Los Angeles.

MBANow: Cliff Rossi on Risk Management
The Mortgage Bankers Association released a new MBANow video featuring Cliff Rossi, Executive in Residence of the Practice at the Robert H. Smith School of Business at the University of Maryland, to discuss a soon-to-be published a paper on risk management through the MBA-sponsored Research Institute for Housing America and a program he’s developed with MBA Education on Advanced Risk Management.

Black Knight: Purchase Lending at 10-Year High; Refinances at 16-Year Low
Black Knight, Jacksonville, Fla., reported $467 billion in first-lien mortgages in the second quarter, up by 20 percent from the first quarter but down by 16 percent from a year ago.

Freddie Mac: Continued Multifamily Market Growth But Increased Affordability Challenges
Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.

MBANow: Cliff Rossi on Risk Management
The Mortgage Bankers Association released a new MBANow video featuring Cliff Rossi, Executive in Residence of the Practice at the Robert H. Smith School of Business at the University of Maryland, to discuss a soon-to-be published a paper on risk management through the MBA-sponsored Research Institute for Housing America and a program he’s developed with MBA Education on Advanced Risk Management.

Freddie Mac: Continued Multifamily Market Growth But Increased Affordability Challenges
Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.

MBANow: Cliff Rossi on Risk Management
The Mortgage Bankers Association released a new MBANow video featuring Cliff Rossi, Executive in Residence of the Practice at the Robert H. Smith School of Business at the University of Maryland, to discuss a soon-to-be published a paper on risk management through the MBA-sponsored Research Institute for Housing America and a program he’s developed with MBA Education on Advanced Risk Management.

MBA: Independent Mortgage Bank Production Profits Improved in 2nd Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,122 on each loan they originated in the second quarter, up from a reported gain of $224 per loan in the first quarter, the Mortgage Bankers Association reported yesterday in its Quarterly Mortgage Bankers Performance Report.

HUD Raises HECM Fees, Tightens Loan Limits
HUD on Tuesday said it will raise upfront fees and tighten distribution limits of its Home Equity Conversion Mortgage Program.