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“Servicers may need functionality that improves communication with borrowers coming out of forbearance. Originators may need tools to help them find more purchase money business and close loans more efficiently. Identifying these needs is critical.”
–Jeff Williams, API Team Leader with FICS, Addison, Texas.

Broeksmit: MBA ‘Working Hard for You’

Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, kicked off the MBA Risk Management, QA and Fraud Prevention Forum with a tacit acknowledgement that the past year has been the busiest for the real estate finance industry in years.

MBA: 2Q Commercial/Multifamily Mortgage Debt Outstanding Up 1.5%

Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.

People in the News Sept. 30, 2021

CBRE, Dallas, appointed Rachel Vinson as Global Chief Operating Officer for Capital Markets. She lead the operations of CBRE’s global Capital Markets business, consisting of Property Sales, Debt & Structured Finance and Capital Advisors—the firm’s investment banking division.