Zillow, Seattle, said home values are growing fastest in areas with the highest share of kids, reflecting the impact Millennials are having on family-friendly neighborhoods with a shortage of available homes.
Category: News and Trends
MBA Launches Developing Leaders Mentoring Program; Application Deadline TODAY
The Mortgage Bankers Association’s Developing Leaders Mentoring Program is a newly launched 12-month program designed to support development of employees within our member organizations.
Mark P. Dangelo: Digital Transformations Meet the Metaverse
Financial executives once thought that digital transformation initiatives represented a “one-and-done” series of projects to reduce paper, improve processes, and leverage technologies. That was then. Moving forward, these financial leaders will confirm if their digital transformations were enough to succeed in the next reality—the metaverse.
Quote
“The homeownership rate has held steady above pre-pandemic levels. Millennials are still aging in large numbers into the lifestyle decisions that are correlated with the decision to buy a home. There is a longer run demographic demand shift away from renting to home owning driven by millennials aging into homeownership.”
–Odeta Kushi, Deputy Chief Economist with First American Financial Corp., Santa Ana, Calif.
People in the News Feb. 4, 2022: MBA Names Stephanie Milner AVP of Multifamily
The Mortgage Bankers Association announced Stephanie Tatum Milner as Associate Vice President of Multifamily.
Orest Tomaselli of CondoTek on Condo/Co-op Compliance
Orest Tomaselli is President of the Condominium and Cooperative Review Division of CondoTek, Philadelphia, and owner of Strategic Inspections, a national reserve study provider.
Chris Joles of Planet Home Lending: ESG– Pay Attention, NOW
Conversations about ESG (environmental social governance) and sustainability standards have rippled from investment fund and public company arenas to mortgage banking regulators, investors and consumers. That expansion makes it critical for private companies, especially those in financial services, to consider implementing ESG now rather than later.
MBA Premier Member Profile: HomeBinder
Founded in 2015, HomeBinder, Burlington, Mass., is a centralized online platform designed to make maintaining a home’s value easy while improving relationships between homeowners and the businesses that serve them.
CRE Professionals Optimistic for Multifamily Market
The multifamily market will likely continue to see strong demand following a positive year of investment activity in 2021, said Berkadia, New York.
Mark P. Dangelo: Digital Transformations Meet the Metaverse
Financial executives once thought that digital transformation initiatives represented a “one-and-done” series of projects to reduce paper, improve processes, and leverage technologies. That was then. Moving forward, these financial leaders will confirm if their digital transformations were enough to succeed in the next reality—the metaverse.