Jonathan L. Kempner, who was president and chief executive of the Mortgage Bankers Association until the end of last year, has accepted a position as an independent director of Behringer Harvard Multifamily REIT I Inc. Before joining MBA in 2001, he spent 14 years as president of the National Multi Housing Council. Said Robert S. Aisner, chief executive of Behringer Harvard, "Jonathan brings to this role more than two decades of experience encompassing all facets of the commercial real estate industry. He's developed extensive expertise in both the multifamily property sector and commercial lending, as well as deep relationships with leaders in both industries."
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
29m ago -
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
1h ago -
Balance sheet reduction is a top priority of new Fed Chair Kevin Warsh. Achieving that goal means avoiding the kinds of disruptions that roiled the Treasury bond market in 2019, the last time the central bank embarked on quantitative tightening.
6h ago -
The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.
June 12 -
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12










