SAN DIEGO—After 18 months as the country and businesses return to normal, what is the new normal in the workplace?
Category: News and Trends
MBA Opens Doors Foundation Announces 2021 Award Winners
SAN DIEGO–The Mortgage Bankers Association announced recipients of the MBA Opens Doors Foundation annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance to families with critically ill or injured children.
Today at MBA Annual21
SAN DIEGO—MBA Annual21, the Mortgage Bankers Association’s Annual Convention & Expo, concludes this morning.
TransUnion: LMI Consumers Present $300 Billion Growth Opportunity for Mortgage Industry
Low-to-moderate income consumers have traditionally been overlooked in the mortgage market and trail non-LMI consumers in terms of homeownership. A new study from TransUnion, Chicago, suggests closing this gap could yield mortgage lenders as much as ~$300 billion in refinance and purchase originations.
September Housing Starts Slip; Pipeline Remains Strong
Housing starts fell slightly in September, the Census Bureau reported Wednesday, a blip in what has otherwise been a much improved year that, given supply chain issues, could have been even stronger.
Brent Chandler of FormFree: the Business Case for Jumping on the Rent Payment History Bandwagon
The case for considering a mortgage loan applicant’s rent history is compelling. Limited credit history disqualifies many renters ― even those with great rent payment history — from homeownership, and multiple studies confirm that factoring in rent payment history typically increases credit scores.
Jim Freeman of Fiserv: Mortgage Magic in Thinking Big
The truth is, there is magic in thinking big, especially for the mortgage industry and especially now. In fact, viewing the industry with a new perspective can only benefit lenders in this changing market.
AFIRE Finds Cautious Enthusiasm for U.S. Commercial Real Estate
The Association of Foreign Investment in Real Estate, Washington, D.C., said international real estate investors feel cautiously enthusiastic about U.S. commercial real estate.
Dealmaker: Bellwether Enterprise Closes $84M
Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed $83.5 million for mixed-use and industrial properties in Los Angeles and Alhambra, Calif.
MBA Honors Peter Norden with Woodward Distinguished Service Award
SAN DIEGO—The Mortgage Bankers Association honored Peter Norden, CEO of HomeBridge Financial Services Inc., Irvine, Calif., with its Andrew D. Woodward Distinguished Service Award.