Josh Denney has been named director of government affairs of the Mortgage Bankers Association, where he will be chiefly responsible for lobbying Capitol Hill on issues involving commercial real estate finance.Mr. Denney joins the MBA from the office of Sen. Chuck Hagel, R-Neb., where he was legislative assistant for banking issues and staff director for the Senate Banking subcommittee on international trade and finance.
Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
