ORLANDO—The Mortgage Bankers Association’s Servicing Solutions Conference & Expo is live and in person for the first time since 2020. MBA Chair Kristy Fercho opened the Conference by acknowledging the challenging environment servicers have faced during that period.
Category: News and Trends
Sundeep Mathur of Tavant: The Technology-Enabled Loan Officer
One of the primary lessons of the COVID-19 crisis was that technology is an absolute requirement for business continuity in the mortgage industry and many others. This was a harsh lesson for many as mortgage lenders do not have a solid track record of adopting new technology promptly.
MBA: Share of Mortgage Loans in Forbearance Drops to 1.30%
Loans in forbearance fell again in January to pre-pandemic lows, the Mortgage Bankers Association reported on Monday.
Dealmaker: Madison Realty Capital Originates $102M in Miami
Madison Realty Capital, New York, originated two loans totaling $101.9 million in Miami for CGI Merchant Group, Miami
Remote Work Boosts Small Multifamily Asset Prices in Smaller Cities
As the pandemic recedes, small multifamily markets have resumed price growth at an accelerated pace, reported Boxwood Means LLC, Stamford, Conn.
Apply for MBA Path to Diversity Scholarship Program
The MBA Path to Diversity Scholarship Program recognizes existing industry professionals who are seeking to advance their careers through continuing education.
MBA National Advocacy Conference in Washington Apr. 26-27
The Mortgage Bankers Association’s annual National Advocacy Conference takes place Apr. 26-27 at the Renaissance Downtown Hotel in Washington, D.C.
Record-High 1 in 3 Homebuyers Looking to Relocate
A record 32.4% of Redfin.com users nationwide looked to move to a different metro area in January, up from the previous peak of 31.5% a year ago and significantly higher than before the pandemic, when one-quarter of homebuyers sought to relocate.
1Q ‘Zombie’ Properties Edge Down Despite Uptick in Foreclosure Activity
ATTOM, Irvine, Calif., reported a drop in vacant “zombie” properties in the first quarter despite an increase in foreclosure activity for the second straight quarter.
Sundeep Mathur of Tavant: The Technology-Enabled Loan Officer
One of the primary lessons of the COVID-19 crisis was that technology is an absolute requirement for business continuity in the mortgage industry and many others. This was a harsh lesson for many as mortgage lenders do not have a solid track record of adopting new technology promptly.