CMBS Issuance, Payoffs Up

Despite a “sluggish” start to the year, private-label commercial mortgage-backed securities volume finished the first half at $34.4 billion–up 27.8 percent year-over-year, reported Kroll Bond Rating Agency, New York.

MBANow: Justin Wiseman on CFPB Servicing Rule

The Mortgage Bankers Association released a new MBANow video featuring MBA Director of Loan Administration Justin Wiseman, who discusses updates to the Consumer Financial Protection Bureau’s servicing rule.