Mortgage applications fell last week as mortgage rates reached their highest level since July, the Mortgage Bankers Association reported Tuesday in its Weekly Mortgage Applications Survey for the week ending September 24.
Category: News and Trends

Sue Woodard of AXIS Lending Academy: Program’s DEI Mission ‘Captured My Heart’
Sue Woodard is a director of AXIS Lending Academy. She is also the chief customer officer at Total Expert, a CRM and customer engagement platform built specifically for the financial services industry.

Quote
“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.

Louis Casari of HCL Technologies: Leveraging Hyperautomation Lending Solutions to Accelerate Business Growth
By combining multiple advanced technologies such as machine learning and RPA, businesses are innovating their workflows. Lending solutions is a prime area where hyperautomation can deliver significant benefits and accelerate the speed of growth.

Multifamily Market Musings: a Conversation with Fannie Mae’s Kim Betancourt
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector.

Sponsored Content from InRule: Transform Mortgage Lending and Real Estate with Machine Learning
Discover five common scenarios in mortgage lending to help your enterprise get started with machine learning.

MBA Weekly Applications Survey Sept. 29, 2021: Higher Treasury Yields Push Rates Up; Applications Down
Mortgage applications fell last week as mortgage rates reached their highest level since July, the Mortgage Bankers Association reported Tuesday in its Weekly Mortgage Applications Survey for the week ending September 24.