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.
Category: News and Trends
Sponsored Content from TransUnion: How LMI Consumers Can Grow Your Market Share and Revenue
A new TransUnion study analyzes the creditworthiness of the LMI consumer segment and how lenders can grow market share and revenue.
Patrick Drimmer of HCL Technologies: Modernizing Contact Centers with Future-Ready Lending Solutions
The post-pandemic remote working situation has compelled borrowers and customers to use online and mobile channels for lending services. And for finding answers to their complex questions, they are turning to social media or calling customer care.
Dealmaker: Dwight Capital Finances $175M
Dwight Capital, New York, closed $174.8 million in financings.
Institutional-Quality Real Estate Returns Set Record
Institutional-quality commercial real estate returned 6.15 percent in the fourth quarter, up from 5.23 percent in the third quarter, the National Council of Real Estate Investment Fiduciaries reported.
Fed Sets Stage for March Rate Hike
The Federal Open Market Committee on Wednesday did not pull trigger on an increase to the federal funds rate—but it left little doubt about action at its next policy meeting in March.
New Home Sales Finish 2021 on Solid Ground, But Down for Year
New home sales rose by nearly 12 percent in December, the highest level since last March, HUD and the Census Bureau reported Wednesday. Despite the improved numbers, however, sales were off from a year ago and 2021 sales fell by more than 7 percent from 2020.
Managing Fair Lending for IMBs
NASHVILLE, Tenn.—Independent mortgage banks know full well the importance of risk, whether it’s developing business strategies—or preparing for Fair Lending examinations.
Ten (or More) Things Every Mortgage Banker Must Do in 2022
NASHVILLE, Tenn.—Did we get your attention with that headline? Good. This will be one of your easiest reads for the day.
Rising Home Prices Spur Record Home Seller Profits
Home sellers benefited from rapidly rising home prices in 2021, with profits rising in more than 90 percent of U.S. markets to record levels, said ATTOM, Irvine, Calif.