Registration for the Mortgage Bankers Association’s Annual Convention & Expo, taking place Oct. 17-20 at the San Diego Convention Center, is officially open. Join MBA in San Diego as Academy Award- and Presidential Medal of Freedom Award-winning actress Rita Moreno keynotes the mPower Luncheon on Tuesday, Oct. 19.
Category: News and Trends

Quote
“The housing market has clearly become slightly more favorable to buyers. Homes are taking longer to sell, which gives buyers more time to make thoughtful decisions about whether to make offers.”
–Redfin Chief Economist Daryl Fairweather.

Administration Announces Steps to Increase Affordable Housing Supply
The Biden Administration on Wednesday announced a number of steps aimed at creating, preserving and selling to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the next three years, with an emphasis on the lower and middle segments of the market.

CFPB Proposed Rule Focuses on Small Business Access to Credit
The Consumer Financial Protection Bureau on Wednesday proposed a new rule aimed at increasing transparency in the small business lending marketplace.

Industry Briefs Sept. 3, 2021: PropLogix Gets Investment from Accel-KKR
PropLogix, Sarasota, Calif., a title support company providing tech-enabled due diligence services and software for closing professionals, announced it secured investment from Accel-KKR, Menlo Park, Calif., a technology-focused private equity firm.

Data Identification and Governance: Updated FFIEC Examination Manual Booklet Indicates Higher Expectations by Financial Institution Examiners
On June 30, the Federal Financial Institutions Examination Council issued a new booklet. We identified critical guidelines from the new booklet that will introduce fresh challenges to your financial institution.

MBA CONVERGENCE Webinar Sept. 16–Mayors and Affordable Housing: Perspective from City Hall
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.

MBA Seeks Participants in New Diversity, Equity and Inclusion Study
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.

Trepp CRE Survey Finds Mix of Hope, Concern
Commercial real estate executives have a partly sunny outlook about the U.S. economy and CRE fundamentals but report some structural concerns, said Trepp LLC, New York.

Authors Malcolm Gladwell, Brad Meltzer Keynote MBA Annual Convention & Expo
Registration for the Mortgage Bankers Association’s Annual Convention & Expo, taking place Oct. 17-20 at the San Diego Convention Center, is officially open. Join MBA in San Diego as New York Times best-selling authors Malcolm Gladwell and Brad Meltzer keynote General Sessions.