Prashant Kothari is Managing Director of SitusAMC’s Title Production Services and has nearly three decades of mortgage and title industry experience. He began his career in the mortgage division of Kidder, Peabody & Co. followed by multiple roles at Freddie Mac, including working in the Freddie’s Office of the President.
Category: News and Trends
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“Congress should avoid tax policies that harm Main Street employers at any time, much less at this difficult moment in our nation’s history. The Biden tax hikes pose a triple threat to the ability of these individually- and family-owned businesses to survive an uncertain future, and we urge Congress to reject them.”
–From a ‘Main Street Employers’ letter to Capitol Hill urging lawmakers to ensure that the burden of financing infrastructure and budget bills does not fall on businesses. MBA signed on to the letter.
MBA Education Graduates First Level III Certified Mortgage Compliance Professional
MBA Education’s popular Certified Mortgage Compliance Professional certification and designation program recently awarded the CMCP designation to the first mortgage professional to complete all three levels of the program.
Call for Speakers: MBA Servicing Solutions Conference & Expo 2022—Deadline Sept. 13
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.
Industry Briefs Sept. 13, 2021: Accurate Group Gets Novacap Investment
Accurate Group, Cleveland, Ohio, a provider of technology-driven real estate appraisal, title data, analytics, and e-closing platforms, entered into a partnership with Novacap, Montreal, a Canadian private equity firm.
People in the News Sept. 10, 2021
Alterra Home Loans LLC, Las Vegas, promoted Marc Hernandez to president, responsible for sales, operations and marketing.
Prashant Kothari of SitusAMC Insights: Title, Mortgage Industries Share Same Challenges; None Insurmountable
Prashant Kothari is Managing Director of SitusAMC’s Title Production Services and has nearly three decades of mortgage and title industry experience. He began his career in the mortgage division of Kidder, Peabody & Co. followed by multiple roles at Freddie Mac, including working in the Freddie’s Office of the President.
Hotel Metrics, Debt Markets Bounce Back
The hotel sector continues to bounce back from a devastating 2020, according to new reports from STR and JLL Hotels.
Initial Claims at New Pandemic Low
Initial claims for unemployment insurance continued to drop to near pre-pandemic lows, the Labor Department reported Thursday.
Fannie Mae: Consumers More Optimistic About Homebuying Conditions for First Time in 6 Months
The Fannie Mae Home Purchase Sentiment Index was largely unchanged in August, decreasing 0.1 points to 75.7, as survey respondents tempered both their recent pessimism about homebuying conditions and their upward expectations of home price growth.