Black Knight, Jacksonville, Fla., said rapidly rising mortgage interest rates have shrunk the number of “high-quality” refinance candidate households to just 7.1 million, the lowest total since November 2019.
Category: News and Trends
MBA Chart of the Week: Emergency Rental Assistance to Households
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.
Real Estate Investors Rethink the Value of Green
Sustainability is moving up the corporate priority list and investors are rethinking value, making the threat of a commercial real estate “brown discount” more real than ever, said JLL, Chicago.
Industry Briefs Jan. 18, 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.
Dealmaker: Sonnenblick-Eichner Co. Arranges $39M For Portland, Ore. Hotel
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $39 million for Moxy Portland Downtown, a 197-room hotel in Portland, Ore.
The Week Ahead Jan. 18, 2022: Six Things to Know
Good morning and Happy Tuesday! We hope you had a safe and happy holiday. Here are six things to know this week:
MBA Independent Mortgage Bankers Conference in Nashville Jan. 24-27
The Mortgage Bankers Association’s Independent Mortgage Bankers Conference 2022 takes place Jan. 24-27 in Nashville, Tenn.
Sign the MBA Home for All Pledge
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
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.