Housing starts improved slightly in March, thanks to a bump in multifamily starts, HUD and the Census Bureau reported Tuesday.
Category: News and Trends
The FHFA 2022-2026 Strategic Plan: What It Means for MBA Members
The Federal Housing Finance Agency last week released its 2022-2026 Strategic Plan for Fiscals Years 2022-2026, focusing guiding Fannie Mae, Freddie Mac and the Federal Home Loan Bank System for the next five years.
Scott Roller: A New Technology for Enterprise, Loan Officer Pipeline Building
Traditionally, when this market flip occurs, intense pressure is bestowed upon lender sales and marketing teams. Everyone looks for them to become the ‘rainmakers.’ Pressures are often proportionate to the size of the lender, because few big banks invest in local purchase market referral relationships year-round. There is a fresh new approach to supplement the lender playbook, both at the enterprise and loan officer level.
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“The 30-year rate has increased 70 basis points over the past month and is 2 full percentage points higher than a year ago. The recent surge in mortgage rates has shut most borrowers out of rate/term refinances.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
MBA: Share of Mortgage Loans in Forbearance Decreases to 1.05%
Loans in forbearance fell to another pre-pandemic low to just barely above 1%, the Mortgage Bankers Association reported Monday.
MBA Home For All Pledge Partner: FHLBank San Francisco
FHLBank San Francisco is a member-driven cooperative helping local lenders in Arizona, California and Nevada build strong communities, create opportunity and change lives for the better.
Doug Wilber of Denim Social: In Tough Market, Mortgage Lenders Must Compete on Social Media
Mortgage loan officers can no longer rely on bargain rates and that means they need to work harder than ever to best the competition. So how does a loan officer stand out? It’s all about social media.
MBA State & Local Workshop in Washington Apr. 25-26
The Mortgage Bankers Association’s State and Local Workshop 2022 takes place Apr. 25-26 at the Renaissance Downtown Hotel in Washington, D.C., just ahead of the MBA National Advocacy Conference.
mPact Events During MBA NAC 22
Join mPact–the MBA group focused on mortgage professionals ages 35 and under–for a series of networking events during the upcoming MBA National Advocacy Conference in Washington, D.C.
Matt Hansen of SimpleNexus: Rally for RON with MBA
At this year’s National Advocacy Conference, which takes place April 26-27 in Washington D.C., MBA is coordinating with association partners and members to encourage Congress to cosponsor and support the passage of the Securing and Enabling Commerce Using Remote Online Notarization Act (SECURE Notarization Act) of 2021.