In collaboration with the Mortgage Bankers Association and National MI, Cultural Outreach released the 2021 NextGen Homebuyer Report, which sheds light on the consumer behavior of the largest growing demographic of homebuyers, including insight into the financial behavior and perspectives of a young generation in the midst of a pandemic.
Category: News and Trends

Erika Martin of Enact: How the Customer Experience Has Changed Throughout the Pandemic
Customer interactions in every industry saw significant transitions to digital interactions, but this was an especially large adjustment within the mortgage industry; an industry that still relied heavily on in-person interactions and paper documentation. Let’s discuss just how much the industry has changed in the past year and a half.

SEC Issues Sample Letter to Firms on Climate Change Disclosures
The Securities and Exchange Commission recently gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.

Jeff Williams of FICS: Support Strategic Planning with Audit of Mortgage Software, API Capabilities
Leaders need to include software audits in their strategic planning process. A good software audit sets the stage for effective budgeting and decision making this fall. Leaders should analyze the company’s current Application Programming Interface integrations to existing mortgage software.

RMQA21: Risk Managers Weigh In
WASHINGTON, D.C.–Risk managers worked hard to maintain operations, employee morale and productivity when the pandemic hit, top risk management executives said during the recent Mortgage Bankers Association Risk Management, QA and Fraud Prevention Forum 2021.

Share of Mortgage Loans in Forbearance Decreases to 2.89%
Loans in forbearance continued their downward trend, the Mortgage Bankers Association reported Monday, and the number of homeowners in forbearance plans fell below 1.5 million.

Net Lease Sector Cap Rates Reach New Lows
The Boulder Group, Wilmette, Ill., said single-tenant net lease cap rates fell to new lows for all three asset classes in the third quarter.

Dealmaker: Merchants Capital Provides $18M for California Affordable Housing
Merchants Capital, Carmel, Ind., provided $18.2 million to Eden Housing to rehabilitate two California affordable housing communities: Emerson Arms and Arroyo Vista.

MBA Sponsors 2021 NextGen Homebuyer Report on Consumer Behaviors, Trends
In collaboration with the Mortgage Bankers Association and National MI, Cultural Outreach released the 2021 NextGen Homebuyer Report, which sheds light on the consumer behavior of the largest growing demographic of homebuyers, including insight into the financial behavior and perspectives of a young generation in the midst of a pandemic.

Student Housing Trends: A Q&A with JLL
MBA NewsLink interviewed JLL Capital Markets Senior Director Teddy Leatherman and JLL Valuation Advisory Senior Vice President Kai Pan about the current state of the student housing market and what might be in store for the sector.