It’s no big secret that there has been an increasing number of mergers and acquisitions in the mortgage technology space over the past couple of years, and it should be no surprise why. The mortgage process remains costly, slow, deeply rooted in manual processes and much of it still involves paper documents instead of digital data.
Category: News and Trends
Mark Walser of Incenter Appraisal Management on Desktop Appraisal Developments
Mark Walser is President of Incenter Appraisal Management, Charlotte, N.C., a national AMC and creator of the RemoteVal remote/desktop appraisal technology platform.
Rhonda McGill of PerformLine: Marketing Compliance Trends for the Mortgage Industry
As part of our 2022 State of Marketing Compliance Report, we surveyed mortgage compliance leaders on their organizations’ marketing compliance practices for insights into trend information on the depth of compliance programs, concerns and challenges. Here are the top trends and stats that mortgage companies should know in 2022.
MISMO Wins 2022 HousingWire Tech100 Award
MISMO®, the real estate finance industry standards organization, is a winner of the 2022 HousingWire Tech100 award.
Chad Whittenberg of Equifax: Providing First-Time Homebuyers With An Optimal Lending Experience
Whether verification of income, employment or assets; or payment histories tied to rent rolls and utilities like mobile phone service; by incorporating these additional data sets into the loan decisioning process, lenders gain a deeper understanding of the borrowers they serve.
MBA Advocacy Update: Mar. 7, 2022
President Joe Biden delivered his State of the Union address last week to a joint session of Congress, focusing heavily on the war in Ukraine and rising inflation. Federal Reserve Chair Jay Powell appeared before both chambers of Congress, signaling to lawmakers that the Fed will lift interest rates a quarter-percentage point later this month.
Office Sector Sees Uncertainty
Office usage is slowly growing as the pandemic fades, but analysts have many questions about the sector’s future.
Strong February Jobs Report Gives Fed Momentum for March Rate Hike
For the second straight month, employment numbers beat expectations, with the Bureau of Labor Statistics reporting Friday that employment rose by 678,000 in February.
MBA Chart of the Week, Mar. 4, 2022: 10-Year U.S. Treasury Yields
Prior to Russia’s invasion, 10-Year Treasury yields broke higher — reaching 2.05% on February 15. Since then, they have fallen to as low as 1.72% but have rebounded somewhat, underscoring both the downside risk and volatility markets are facing.
Dealmaker: Walker & Dunlop Completes $66M Denver Mixed-Use Sale
Walker & Dunlop, Bethesda, Md., sold downtown Denver mixed-use property The Lydian for $66.2 million.