Join more than 2,500 commercial and multifamily real estate finance professionals February 2-5 at The Hyatt Regency Orlando (formerly the Peabody Orlando) for four days of networking and relationship building. MBA's CREF/Multifamily Housing Convention & Expo 2014 is the only place that offers unrivaled access to key industry leaders, CEOs and expert panelists who discuss the latest industry trends, regulatory developments and strategies to succeed in today’s dynamic marketplace.
In the aftermath of the financial crisis, low interest rates and strict capital requirements combined to make servicing a losing proposition for many banks. The sharp glare of regulators didn’t help either, as banks and nonbanks navigated the already thankless waters of servicing with a new target on their backs. But all that changed abruptly in the fourth quarter of 2016 with the one-two punch of a Trump win and a rate hike by the Federal Reserve.
Singling out the law that created the CFPB generated a backlash from Congressional Democrats, but it remains to be seen what Democrats can do to stop the Trump juggernaut. See what Mike Jones of Navigant advises servicers to do in this uncertain environment.
Portfolio managers and investors also have a vested interest in the expansion of the non-QM market. They have an appetite for non-QM assets as they represent an attractive yield opportunity. That’s why we’re seeing more “hold” strategies at work with current non-QM production.