NEW YORK—Federal Reserve of New York President and CEO John Williams said amid rising inflation, market volatility and an uncertain situation in Ukraine, the Federal Reserve has one word in mind: “normal.”
Category: News and Trends
#MBASecondary22: CFPB’s Chopra Looks to Technology—and Takes Aim at Mortgage Servicing
NEW YORK—Consumer Financial Protection Bureau Director Rohit Chopra says the future of consumer finance—and financial regulation—lies in technology.
Share of Mortgage Loans in Forbearance Falls Under 1%
Loans in forbearance fell to another pre-pandemic low below 1%, the Mortgage Bankers Association reported Monday.
Biden Administration Announces Steps to Ease Housing Costs
The Biden Administration on Monday announced new actions to improve housing supply and close the housing gap.
#MBASecondary22: ‘The Time for Leadership’
NEW YORK—Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, opened the MBA Secondary and Capital Markets Conference here on Monday in a very different mortgage environment from its most recent gathering three years ago.
The Business Case for Renewable Energy in Real Estate
Investments in renewable energy could unlock billions in real estate value, help building owners reduce long-term energy costs and generate supplemental income, said the Urban Land Institute, Washington, D.C.
mPower Webinar May 24: Advocating for the Most Important Person in the Room – You!
mPower presents a webinar, Advocating for the Most Important Person in the Room – You!, on Tuesday, May 24 from 3:00-4:00 p.m. ET.
#MBACREFST22: Servicers Survive A Crisis for the Ages
LOS ANGELES–Commercial mortgage servicers have faced–and weathered–a “crisis for the ages,” said Mortgage Bankers Association Chair-Elect Matt Rocco here Monday at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
MISMO Issues Mortgage Insurance Activation API Standard to Transmit Closing Date Information
MISMO®, the real estate finance industry standards organization, launched a new mortgage insurance activation API standard.
Dealmaker: Dwight Capital Finances $108M
Dwight Capital, New York, closed $108.2 million in loans for multifamily properties in Illinois and Connecticut and a bridge loan for a mixed-use property in San Francisco.