The Mortgage Credit Potential Index™ (MCPI) is a monthly reporting of mortgage credit inquiries analyzed by CreditXpert’s predictive analytics platform.
Category: News and Trends
MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size
With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.
MISMO Seeks Public Comment on MI Activation API That Streamlines, Facilitates Exchange of Closing Date Data
MISMO®, the real estate finance industry standards organization, seeks public comment on its new Mortgage Insurance (MI) Activation API specification, designed to facilitate activation of a MI Commitment to Certificate Status.
Rocky Foroutan of LenderHomePage: Borrower Experience and Customer Retention–The Definitive Key For Digital Mortgage Success
Retention is the new acquisition and likely the most important KPI in the digital age. While the focus has historically been on acquiring new leads for revenue generation, the mortgage industry is now shifting its emphasis to retaining customers by enhancing the overall borrower experience.
Quote
“Despite obstacles presented from all links of the supply chain–port congestion, labor shortage, transportation costs and historically low warehouse vacancy rates–the industrial sector flourished with many occupiers spending top-dollar for much-needed high quality space.
–Amanda Ortiz, Director of National Industrial Research with Colliers, Toronto.
Scott Roller: Mortgage Vendor News & Views, March 2022
In this ongoing article series, we report on mortgage and credit union vendor marketplace vendors, events and trends and share our viewpoints. Today’s article focuses on two vendors that have spent ample time meticulously building platforms and offerings for the servicing and secondary market conditions we are swiftly migrating toward.
Tony Thompson, CMB, of NAMMBA: Creating Professionals Out of College Students
It’s no secret that our industry has an age problem. More and more of our leadership is aging out and retiring…while more and more students graduate from college with debt, a degree and no real plan forward after the cap and gown ceremony. This is a great opportunity to grab the attention of young, ambitious talent that needs guidance in not only financial education but also career development – specifically in the real estate and finance market.
Looking At Affordable Housing With Berkadia’s David Leopold
David Leopold, Senior Vice President and Head of Affordable Housing at Berkadia, manages all facets of Berkadia Affordable Housing, an integrated business that includes mortgage banking, investment and sales advisory services and tax credit syndication. He joined Berkadia in 2019 to lead integration of Berkadia’s Affordable Housing platform.
Stanley Middleman of Freedom Mortgage: Creating Customers for Life is Not That Hard
When you achieve great success as a lender, everyone wants to know your secret—but there really isn’t one. There are many ways to run an enterprise, but at the end of the day, every business must be about the customer. The ultimate goal, however, is building customers for life.
mPact Spring Fundraiser March 16: Golf Like a Pro
Join mPact in New York City March 16 from 6:00 – 9:00 p.m. ET for a fun-filled evening at Five Iron Golf for mPact’s Spring Fundraiser benefitting the MBA Opens Doors Foundation.