The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said affordable housing goals for Fannie Mae and Freddie Mac should ensure sustainable housing for low- and very low-income households, they should be balanced with and accompany other tools and objectives.
Couple Launches Video to Raise Awareness of Prostate Cancer
Smith Mountain Laker (Va.), Sept. 12, 2017--Karen Dillon
MBA CEO on the 9-Year Anniversary of GSE Conservatorship
HousingWire, Sept. 8, 2017
National Flood Insurance Program Granted 3-Month Extension
HousingWire, Sept. 8, 2017--Brena Swanson
One Beneficiary From Hurricane Harvey: Self-Storage Landlords
Wall Street Journal, Sept. 12, 2017--Esther Fung (subscription)
Why Pricing Terrorism Risk Remains a Challenge for CRE Insurers
National Mortgage News, Sept. 11, 2017--Elina Tarkazikis (subscription)
In Harvey's Wake, Houston Rethinks Real Estate Development
Wall Street Journal, Sept. 11, 2017--Douglas Belkin, Shibani Mahtani (subscription)
London Retains Its Crown as World's Top Financial Center
Bloomberg, Sept. 11, 2017--Gavin Finch
Demand for Student Housing Shows Signs of Slowing Down
National Real Estate Investor, Sept. 11, 2017--Bendix Anderson
New York City Property Market Turns Cautious: Broker Survey
Reuters, Sept. 12, 2017--Herbert Lash
The 10 Highest-Paid REIT CEOs
National Real Estate Investor, Sept. 8, 2017--Mary Diduch
The Next Hurricane-Related Shortage: Construction Workers
Wall Street Journal, Sept. 7, 2017--Laura Kusisto, Douglas Belkin (subscription)
MBA Chart of the Week: Commercial/Multifamily Property Sales, Mortgage Bankers Originations and Non-Bank Maturities ($ Millions)
Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.
Commercial and multifamily developments and activities relevant to your business and our industry.
Administration Nominates Montgomery as FHA Commissioner
The Trump Administration's nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.
Ten-X: CRE Volume Bounces Back in 2Q
Commercial real estate investment activity expanded in the second quarter after a "sharp" contraction early in the year, reported Ten-X, Irvine, Calif.
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.
Renter Demand Puts Pressure on Single-Family Rental Prices
The median monthly rent for single-family rental properties is rising faster than rents for apartment units, reported Zillow, Seattle.
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.
Arbor Realty Trust, Uniondale, N.Y., closed a $365 million commercial real estate mortgage securitization.
Glimcher Appoints Starwood Retail Partners CEO
Starwood Retail Partners named Michael Glimcher CEO effective September 11. He succeeds Scott Wolstein, who will transition to a new role as a Senior Advisor to Starwood Capital Group.
Greystone Secures $550M to Refinance New York Tower
Greystone, New York, secured $550 million to refinance Sky Residences on Manhattan's west side, one of the largest residential towers in the country.
Now Taking Applications: MBA Education Commercial/Multifamily Future Leaders Program
MBA Education is taking applications for its Commercial/Multifamily Future Leaders Program, an executive leadership development program that delivers a comprehensive curriculum for selected managers who have shown leadership abilities.
MBA Education Multifamily Property Inspection Workshop in Dallas Nov. 8-9
MBA Education presents its popular Multifamily Property Inspection Workshop in Dallas November 8 and 9.
MBA Accounting/Financial Management Conference Nov. 13-15
The Mortgage Bankers Association's Accounting/Financial Management Conference 2017 takes place Nov. 13-15 at the Grand Hyatt San Antonio.