On Friday, January 7, the U.S. Department of Treasury released its latest monthly update on allocation of funds from the Emergency Rental Assistance program.
Category: News and Trends
Industry Briefs Jan. 19, 2022: First American Acquires Mother Lode Holding Co.
First American Financial Corp., Santa Ana, Calif., signed an agreement for its acquisition of Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., including its principal subsidiary Placer Title Co.
MBA Launches Developing Leaders Mentoring Program; Application Deadline Feb. 4
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.
Quote
“It is likely that the remaining borrowers in forbearance have experienced either a permanent hardship that may require more complex loan workout solutions or they have encountered a recent hardship for which they are now seeking relief.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.
MISMO Announces Contributor Award Winners
CLEARWATER, FLA.–During a reception at its Winter Summit this week, MISMO®, the real estate finance industry’s standards organization, presented awards to key volunteers for their noteworthy standards-related industry contributions.
People in the News Jan. 19, 2022: New American Funding Promotes Christine Obermayer
New American Funding, Tustin, Calif., promoted Christine Obermayer to Vice President of Retention, leading the company’s new Retention Department and focus on helping the company’s current customers navigate their refinance options.
Tony Thompson, CMB, of NAMMBA: Diversity, Equity & Inclusion Accreditation for Leaders in Lending
You may have picked up on the change in the makeup of tomorrow’s borrower. The growth in home lending market demand is projected to come from traditionally underserved communities and households led by women over the next 20 years. That is not something that most of the lending world is prepared for.
Call for Nominations: MBA NewsLink 2022 Tech All-Star Awards; Deadline Jan. 21
The nomination period for the MBA NewsLink 2022 Tech All-Star Awards is underway with a new, simplified entry form. Nominations will be accepted through Friday, Jan. 21.
MBA Launches Developing Leaders Mentoring Program; Application Deadline Feb. 4
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.
MBA Advocacy Update: Jan. 18, 2022
Last week, the Senate Banking Committee held nomination hearings for Federal Reserve Chair nominee Jerome Powell, Federal Reserve Vice Chair nominee Lael Brainard, and FHFA Director nominee Sandra Thompson. Additionally, President Joe Biden announced his intention to nominate Sarah Raskin to be the next Federal Reserve Vice Chair for Supervision, as well as Lisa Cook and Philip Jefferson to be Federal Reserve Governors.