On Wednesday, Fannie Mae and Freddie Mac released three documents providing additional information on implementation of expanded availability of desktop appraisals. Also last week, the Pennsylvania Senate unanimously passed legislation that will permit mortgage loan originators to work from a remote location.
Category: News and Trends
MBA Chart of the Week Jan. 21 2022: Loans in Forbearance
This week’s MBA Chart of the Week shows the percentage of all loans still in forbearance in our sample by stage
MBA CONVERGENCE Partner Profile Series: E.J. Thomas, President & CEO of Habitat for Humanity-MidOhio
E.J. Thomas has been President and CEO of Habitat for Humanity-MidOhio for the 17 years and is responsible for oversight and operation of one of the nation’s top Habitat affiliates.
Harvard: Surging Rental Market Divided by Race, Income
Rental housing demand roared back in the pandemic’s second year, reducing vacancy rates and driving up rents, the Harvard Joint Center for Housing Studies reported Friday.
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.
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.
Dealmaker: Colliers Completes $24M Senior Care Sale
Colliers Seniors Housing Practice sold two senior care communities in Pennsylvania’s Lehigh Valley in transactions totaling $24 million.
The Week Ahead, Jan. 24, 2022: Six Things to Know
NASHVILLE, Tenn.—Good morning and Happy Tuesday! MBA NewsLink comes to you this week from the Mortgage Bankers Association’s Independent Mortgage Bankers Conference & Expo. More about that and five other things to know this week:
MBA Secondary & Capital Markets Conference & Expo in NYC May 15-18
The Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo returns to the Marriott Marquis in Times Square, New York City, from May 15-18.
Quote
“By creating a comprehensive, well-funded housing safety net, the nation has the opportunity to pull millions of households out of poverty, address longstanding inequities in housing delivery and ensure that every household has access to a decent and affordable home.”
–Chris Herbert, Managing Director of the Joint Center for Housing Studies at Harvard University.