MBA forecasts a shrinking economy in 2023
The Mortgage Bankers’ Association (MBA) recently released its Q3 2022 quarterly databook. It contains data on mortgage originations and on holdings that has been previously discussed. It also includes new forecasts for key economic...
MBA Education announces first-of-its-kind compliance certificate
The Mortgage Bankers Association (MBA) announced today it would begin to offer Level I of the new Certified Mortgage Compliance Professional (CMCP) designation, the only certification and designation program geared exclusively towards compliance professionals...
HUD reports homelessness unchanged in U.S. in 2018 with notable declines among veterans and...
Homelessness in the U.S. remained largely unchanged in 2018, according to the latest national estimate by the U.S. Department of Housing and Urban Development (HUD). HUD’s 2018 Annual Homeless Assessment Report to Congress found...
ULI economic forecast sees improvement
The Urban Land Institute (ULI) recently released its biannual economic forecast. It has a more positive outlook for the economy and for the multifamily housing industry than did their last forecast of 6 months...
Industry associations respond to CDC’s Rental Eviction Moratorium
The Centers for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their homes during the COVID-19 pandemic, the Trump administration announced September...
Holiday hitchhikers: Keeping pests out of homes this season
The holiday season, a time for family, fun and festivities, is here. If you're not careful, unwanted hitchhikers—pests—may be celebrating the holidays alongside you and your family. Orkin Pest Control has tips for keeping...
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million assets nationwide to identify the nation’s most statistically undervalued multifamily...
HUD approves agreement resolving allegations of housing discrimination involving two California apartment complexes
The U.S. Department of Housing and Urban Development (HUD) today announced it has approved a Conciliation Agreement between the Fair Housing Council of Riverside County (FHCRC) and the owners and property managers of Sierra...
Inflation drives interest rates higher
Forecasts from Fannie Mae and from the Federal Reserve foresee continued high inflation and rising interest rates.
Fannie Mae issues a monthly forecast for the economy and for housing production. The forecast provides both quarterly...
ULI talks housing
The Urban Land Institute (ULI) recently held their Virtual Fall Meeting. One of the many sessions presented there discussed the state of, and the prospects for, the housing industry. The presentation took the form...
Job openings set a record in April
The Bureau of Labor Statistics (BLS) recently released the Job Openings and Labor Turnover (JOLT) report for April. In addition to setting a series record for the highest number of job opening, this report also saw...
Comparing urban and suburban apartment markets
RealPage recently held a webinar where they discussed the differences between the recent performance and the future prospects of the urban core apartment markets compared to the more suburban markets.
Inspiration for this webcast came...
Cautious optimism for builders in February
Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction...
International investment in multifamily property falls during 2020
A new report from CBRE found that both the absolute dollar value of foreign investment in multifamily properties as well as foreign investment’s share of total investment fell during 2020.
Sizing up the deals
The CBRE...
HUD awards nearly $20 million to support homeless programs in Puerto Rico and US...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $20 million to support to dozens of local homeless housing and service programs in Puerto Rico and the U.S. Virgin Islands. The Continuum...
