Chuck Fowke, chairman of the National Association of Home Builders (NAHB) issued the following statement of support this week for Judge Amy Coney Barrett to be the next Associate Justice to the U.S. Supreme Court:
"NAHB supports President Trump's nomination of Judge Amy Coney Barrett as Associate Justice to the U.S. Supreme Court. Throughout her distinguished career as a federal appellate judge and Notre Dame law professor, Judge Barrett has been recognized for her sharp legal mind and as a steadfast defender of the Constitution. In her court decisions, Judge Barrett has been a bulwark against government overreach, ruling in favor of private property rights and providing certainty for small business owners who must constantly grapple with burdensome regulations."
The Mortgage Bankers Association is reporting in their most recent Forbearance and Call Volume Survey that the total number of loans now in forbearance decreased by 6 basis points from 6.93% of servicers' portfolio volume in the prior week to 6.87% as of September 20.
According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter of 2020.
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