StreetInsider, Mar. 8 2021Keynote speakers include MBA President & CEO Robert Broeksmit, CMB.https://www.streetinsider.com/Business+Wire/ICE+Mortgage+Technology+Launches+Experience+2021/18093354.html
Category: Top National News
MBA’s Spring Forecast: A Record Purchase Volume Year
HousingWire, Mar. 8, 2021–Mike FratantoniMBA Chief Economist now says as of February that the mortgage industry this year will originate just shy of $3 trillion in total volume, with the …
Is CBRE’s Investment in Industrious a Sign of Where Things Are Headed in the Office Sector?
WealthManagement.com, March 08, 2021–Patricia KirkCommercial real estate services firm CBRE just invested $200 million to acquire a 35 percent share of flexible workspace operator Industrious, making CBRE Industrious’ largest shareholder. …
CFPB Throws Mortgage Market Another Curveball
National Mortgage News, Mar. 7, 2021–Kate Berry (subscription)The Consumer Financial Protection Bureau’s mortgage underwriting rule remains a political football following the agency’s decision to delay a key compliance date. Pete …
Mortgage Pros Prep for Flattening Hiring by Creating Dual Roles
National Mortgage News, Mar. 5, 2021–Bonnie Sinnock (subscription)A cross-training strategy that hasn’t been widely used since the Great Recession is coming back into vogue among outsourcers.https://www.nationalmortgagenews.com/news/mortgage-rate-increases-dampen-hiring-boost-dual-role-training
Why Automated Home Valuation Technology Errors Disproportionately Affect Majority-Black Neighborhoods
Urban Institute, Mar. 5, 2021–Michael Neal, Linda Zhu, Caitlin YoungThe researchers find that the magnitude of AVM error is larger in majority-Black neighborhoods relative to majority-white ones because of consistently …
‘This Is Unprecedented’: Why America’s Housing Market Has Never Been Weirder
The Atlantic magazine, March 5, 2021–Derek ThompsonIf you think the U.S. housing market is behaving very, very strangely these days, that probably means you’re paying attention. In America’s largest, richest …
Algorithms and Housing Discrimination: Rethinking HUD’s New Disparate Impact Rule
The Brookings Institution, March 5, 2021–John Villasenor and Virginia FoggoIn September, HUD published a rule fundamentally changing the framework for pursuing disparate impact claims under the Fair Housing Act. In …
Mike Cagney Eyes Walmart’s Potential Move Into Mortgage
HousingWire, March 5, 2021Figure Technologies CEO and co-founder Mike Cagney said when it comes to watching out for non-endemic players impacting the real estate market, he has his eye on …
How Remote Work Is Reshaping America’s Urban Geography
Wall Street Journal, March 5, 2021–Richard Florida and Adam Ozimek (subscription)Smaller cities and communities are turning into ‘Zoom towns’ and competing with coastal hubs as workers move to find more …