Commercial, multifamily delinquencies decrease

Findings from the Mortgage Bankers Association’s monthly commercial real estate loan performance survey and a report on commercial and multifamily delinquency in the second quarter of 2021 showed said delinquencies to be on the decline. “Delinquency rates for mortgages backed by commercial and multifamily properties have broadly improved in recent months as the U.S. economy … Read more

Regulatory Notice 21-32

Summary FINRA requests comment on a proposed change to its current policy relating to the assignment of OTC symbols to unlisted equity securities. Specifically, FINRA is considering whether it should begin assigning OTC symbols to unlisted equity securities that do not have a valid CUSIP identifier, in the limited circumstance where a member firm demonstrates … Read more

FHFA takes steps to improve housing availability

The Biden-Harris administration announced it is pushing for historic, long-term investments in new housing. This movement is part of the administration’s Build Back Better agenda, a plan to invest in building new homes and making existing housing safer, healthier, and more energy efficient. While waiting for congressional approval, the White House gave several steps for … Read more