SAN DIEGO--The Mortgage Bankers Association said $110.5 billion (6 percent) of the $1.9 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2019.
Fading Tailwinds Will Limit U.S. Economic Growth in 2019, Says MBA's Chief Economist
RE Busines Online, Feb. 11, 2019--Matt Valley
Q4 Commercial and Multifamily Mortgage Originations Up 14 Percent
National Mortgage Professional, Feb. 11, 2019--Phil Hall
Multifamily and CRE Mortgage Lending Projected to Match Record High
National Mortgage News, Feb. 11, 2019--Paul Centopani (subscription)
Banks Claim Victory in New Private Flood Insurance Rule
National Mortgage News, Feb. 11, 2019--Bonnie Sinnock (subscription)
FIS Sued for $50 Million for Alleged Fraud, Conspiracy
Jacksonville Business Journal, Feb. 11, 2019--Will Robinson
It's Regulators' Job to Tailor Rules for Small Banks--Fed's Bowman
American Banker, Feb. 11, 2019--John Heltman (subscription)
Ditech Return to Bankruptcy to Restructure Its Debt
National Mortgage News, Feb. 11, 2010--Bonnie Sinnock (subscription)
America Isn't Building Enough New Housing
Bloomberg, Feb. 11, 2019--Peter Coy
Silverstein May Start Building Final WTC Tower Without Signed Tenant
Bloomberg, Feb. 11, 2019--Lily Katz
Millennial Borrowers Close More Purchase Loans as Refi Share Drops
Despite a rise in interest rates and tight inventory, Millennials closed a higher share of purchase loans year-over-year in December, said Ellie Mae, Pleasanton, Calif.
Black Knight, Jacksonville, Fla., launched its Rapid Analytics Platform, an interactive virtual analytics lab where users can source and upload data, execute queries, perform complex analytics and train machine-learning models in a single workspace.
Wells Fargo Leads MBA 2018 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO--The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018), showing Wells Fargo again leading the rankings.
MBA Presents PNC with Commercial/Multifamily Diversity & Inclusion Leadership Award
SAN DIEGO--The Mortgage Bankers Association awarded PNC Bank with the 2019 Commercial/Multifamily Diversity & Inclusion Leadership Award.
Dealmaker: Greystone Bassuk Arranges $200 Million Multifamily Refinance
Greystone Bassuk, New York, closed a $200 million loan made to a Taconic Investment Partners and Mitsui Fudosan America joint venture that refinanced 525 West 52nd Street in Midtown Manhattan.
MBA National Mortgage Servicing Conference & Expo in Orlando Feb. 25-28
The Mortgage Bankers Association's National Mortgage Servicing Conference & Expo 2019 (Servicing19) returns to Orlando Feb. 25-28.
MBA Education School of Mortgage Banking I Apr. 9-12 in San Antonio
MBA Education presents its popular School of Mortgage Banking Course I April 9-12 in San Antonio.
MBA Disaster Recovery Guide Now Available in Spanish
The Mortgage Bankers Association and the National Association of Hispanic Real Estate Professionals have developed a Spanish-language version of Disaster Recovery: A Resource for Homeowners, a consumer-facing informational guide.