MISMO®, the real estate finance industry standards organization, announced it is standardizing the bid-wanted in competition dataset format to facilitate accuracy, liquidity and rapid pricing for agency mortgage-backed securities transactions.
Category: News and Trends

Arjun Raman of Wipro Opus Risk Solutions: Strapped for Time–Empower Overworked Staff with Outsourcing
The economic effects of the pandemic have placed strains on the day-to-day operations of servicers. An established relationship with a strategic outsourcing partner can streamline efficiency and productivity, resulting in improved scalability, increased cost savings and expertise at the ready.

Mark P. Dangelo: The Agenda Driving Leadership Data, Analytics and Hubs
In an age of digital, dealing with unknown unknowns is a reality for all leadership personnel incorporating innovations, conducting post-deal M&A events, or seeking relevant customer solutions. However, how can we determine the metrics, KPI’s, or targeted control panels that will be applicable against evolving data science demands and revolutionary access technologies?

Tim Anderson of Evolve Mortgage Services: Second Time’s a Charm for eModifications
Tim Anderson is President of the eMortgage Division for Evolve Mortgage Services, where he is responsible for overseeing deployment of the company’s digital closing platform and developing strategic partner relationships.

Lenders One Webinar Dec. 2: Forecasting Session with MBA
Lenders One and the Mortgage Bankers Association have teamed up to offer a Dec. 2 webinar to help you enhance your strategy for the next year in the middle of an unparalleled time in our industry.

MISMO to Facilitate Liquidity, Rapid Pricing for MBS Transactions by Standardizing BWIC Exchange
MISMO®, the real estate finance industry standards organization, announced it is standardizing the bid-wanted in competition dataset format to facilitate accuracy, liquidity and rapid pricing for agency mortgage-backed securities transactions.

Apartment Rents Up 13% Year Over Year
Apartment rents increased nearly 13 percent nationwide over the past year–the highest rate in at least two years–but growth slowed slightly in October, reports from Redfin and RealPage said.

Dealmaker: Paragon Mortgage Corp. Arranges $99M in Construction Financing
Paragon Mortgage Corp., Phoenix, closed $98.5 million in construction financing for multifamily assets in Arizona and Colorado.

MBA: 3Q IMB Production Profits Increase
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they originated in the third quarter, up from $2,023 per loan in the second quarter, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.

Housing Market Roundup Nov. 30, 2021
RE/MAX, Denver, said October home sales fell by 6.4 percent from September—nearly double the typical seasonal decline—pinched between a steep median sales price of $336,000 and record low inventory.