Michael Tucker

Editorial Director, MBA Newslink at The Mortgage Bankers Association

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MBA NewsLink Tuesday, May 13, 2025

3 days ago | newslink.mba.org | Michael Tucker

Autoagent’s Steven Pals on Why Mortgage Lenders Should Consider Direct Servicing Direct servicing helps lenders reduce costs and maintain control and also positions them to respond swiftly to market dynamics, Autoagent's Steven Pals writes. iEmergent CEO Laird Nossuli says the latest HMDA data indicate early recovery and shifting dynamics, with independent mortgage banks gaining ground and refinancing activity returning.
Most Compliance Professionals View Technology-Driven Risks as Top Threat, eFlow Global Finds

1 week ago | newslink.mba.org | Michael Tucker

Nearly two-thirds of regulatory compliance professionals say technology-driven risk is the most significant market force likely to cause compliance issues for financial services firms, according to eflow Global, Boston. Other market forces cited in the report, U.S. Trends in Market Abuse and Trade Surveillance 2025, include global economic instability (58%), increasing regulatory complexity (48%), digital assets and crypto markets (37% each) and geopolitical instability (20%).
Dealmaker: Walker & Dunlop Arranges $238M Refinance for New York Mixed-Use Community

1 week ago | newslink.mba.org | Michael Tucker

Walker & Dunlop, Bethesda, Md., arranged $237.5 million in financing for a transit-oriented mixed-use community and a five-story condominium located within the Edge-on-Hudson development along the Hudson River in Sleepy Hollow, N.Y. The Walker & Dunlop New York Capital Markets team, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Sean Reimer, Dustin Stolly, Jordan Casella, Christopher de Raet and Stanley Cayre, arranged the refinancing package for King Street Capital...
ICE: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending

1 week ago | newslink.mba.org | Michael Tucker

First-time homebuyers accounted for a record share of agency purchase lending in the first quarter as higher interest rates continue to dampen repeat buyer participation in the market, according to Intercontinental Exchange Inc. At the same time, Gen Z buyers made “substantial gains” in more affordable states, while FHA loans regained popularity as a critical tool for affordability-minded homebuyers, ICE reported in its latest Mortgage Monitor Report.
Dealmaker: BWE, Blueprint Healthcare Secure $18M for Pacific Northwest Memory Care Properties

1 week ago | newslink.mba.org | Michael Tucker

BWE and Blueprint Healthcare Real Estate Advisors closed two loans totaling $17.8 million to provide financing for the acquisition of two memory care communities: a $10.4 million loan for Windsong at Southridge, a Class A, 56-unit community in Kennewick, Wash. and a $7.4 million loan for Windsong at Eola Hills, also a Class A, 56-unit community in Salem, Ore.
MBA NewsLink Friday, May 2, 2025

2 weeks ago | newslink.mba.org | Michael Tucker

"John’s extensive knowledge and experience, including on regulatory and legislative issues pertaining to banking and commercial real estate, will make him an incredible addition to MBA and an asset for our CREF members." --MBA SVP of Commercial/Multifamily Policy and Strategic Industry Engagement Jamie Woodwell Trepp, New York, reported its CMBS delinquency rate rose again in April, up 38 basis points to 7.03%.
MBA NewsLink Thursday, May 1, 2025

2 weeks ago | newslink.mba.org | Michael Tucker

MBA President and CEO Bob Broeksmit, CMB, released a statement regarding the introduction from Senators Ruben Gallego (D-AZ) and Dave McCormick (R-PA) of a bipartisan bill to increase Federal Housing Administration (FHA) multifamily statutory loan limits. ValuePenguin: Two-Thirds of Home Insurance Policyholders Say Rates Rose Last Year ValuePenguin, a division of LendingTree, Charlotte, N.C., found that two in three home insurance policyholders say their rates rose in 2024.
Pending Home Sales Jump

2 weeks ago | newslink.mba.org | Michael Tucker

(Illustration courtesy of National Association of Realtors)Pending home sales jumped 6.1% in March–the greatest month-to-month increase since late 2023– the National Association of Realtors reported Wednesday. The Northeast experienced month-over-month losses in transactions, while the Midwest, South and West saw gains, which were most substantial in the South, the report said.
Bankrate Reports Renting Increasingly Cheaper Than Buying in Most Metros

2 weeks ago | newslink.mba.org | Michael Tucker

Renting remains cheaper than buying a home in all 50 of the largest U.S. metros, with the difference between the two growing in 38 metros since last year, according to Bankrate, New York. Bankrate compared average monthly mortgage payments to average monthly rent for all homes across all 50 of the largest metros in the United States to determine whether renting or buying is more affordable in the short term.
Harvard JCHS Projects Continued Gains for Remodeling Amid Economic Uncertainty

2 weeks ago | newslink.mba.org | Michael Tucker

Annual expenditures for improvements and maintenance to owner-occupied homes should grow modestly through 2026, according to the Joint Center for Housing Studies of Harvard University. The Joint Center’s Leading Indicator of Remodeling Activity report projects that year-over-year spending for home renovation and repair will increase by 2.5% to reach a record $526 billion by the first quarter of 2026.