Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed three loans totaling $35.3 million for affordable multifamily housing in Kingsport, Tenn., Baltimore and Indianapolis.
Category: News and Trends
CoreLogic: Homeowners Gained $2.9 Trillion in Equity in Q2
CoreLogic, Irvine, Calif., said homeowners with mortgages saw their equity increase by 29.3% year over year, representing a collective equity gain of more than $2.9 trillion and an average gain of $51,500 per borrower over the past year.
MISMO Fall Summit: Building Confidence and Efficiency into Non-Agency Data Exchanges
CRYSTAL CITY, VA.–An efficient private-label securities market requires that investors have confidence in their understanding of asset quality for their deals. But questions remain, according to panelists here at the MISMO Fall Summit–and ongoing work under the auspices of MISMO is poised to help provide much-needed data standardization.
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.
MBA Announces Policy Initiative to Close Racial Homeownership Gap
The Mortgage Bankers Association on Monday announced a policy initiative, Building Generational Wealth Through Homeownership, aimed at providing industry leadership and direction for reducing the racial homeownership gap, developing and supporting policies that support sustainable homeownership for communities of color and promoting fair, equitable and responsible lending for minority borrowers.
Brian Vieaux of AXIS Lending Academy: Diversity is Key to Success in Real Estate Finance
Brian Vieaux is a director of AXIS Lending Academy. He is also the president and COO of FinLocker, a provider of next-generation, digital, consumer-permissioned personal financial assistance tools. He has three decades of home lending experience and has held leadership roles at Citigroup, Flagstar and IndyMac Bank.
Mark P. Dangelo: The Dark Matter Transforming M&A Post-Deal Landscapes, Part 3
Data is the “dark matter” of M&A events. Data is made even more important with widespread digital transformations of processes, predictive analytics, and advanced machine learning. During an M&A event, the cascading challenges to leverage these siloed data innovations across Industry 4.0 ecosystems requires a framework that moves beyond the prescriptive, one-size-fits-all strategy.
Armand Massie of HCL Technologies: Transforming Lending Solutions for Enhanced Customer Experience
The face of lending has changed – from large banks and financial institutions to online consumers and lenders. With the pandemic mandating social distancing and lockdowns, businesses and individuals are looking for lenders that can perform the borrowing journey remotely and faster than before.
Todd Sheinin of Homespire Mortgage: The Future of the Mortgage Office–Redefining the Workplace in a Post-Vaccine Environment
With the effects of the pandemic now stretching into a second year, many mortgage companies are beginning to feel the pressure to have employees return to the office. However, while returning may seem like the right move on the surface, it is important to consider the reasoning behind this decision and whether it is completely necessary.
MBA RIHA Climate Change Report: Mortgage Industry Needs to Improve Risk Management Measurements
Climate change triggered by global warming will continue at an unpredictable pace and will add stress to the complex system of allocating risks across housing and housing finance stakeholders, according to a new research report released Thursday by the Mortgage Bankers Association’s Research Institute for Housing America.