Financial institutions are losing ground in the battle for mortgages. Learn what FIs could do to take back market share.
Category: News and Trends

Dealmaker: Marcus & Millichap Closes $46.7M in Property Sales
Marcus & Millichap, Calabasas, Calif., closed retail and industrial property sales totaling $46.7 million in Massachusetts and Florida.

Joe Camerieri of Mortgage Cadence: How Analytics will Drive Success in Mortgage
Dealing effectively with a fast-changing market is only possible when data analysts can pull real business insight out of big pools of data. Fortunately, we have access to the technologies to help lenders get this job done.

Call for Speakers: MBA Servicing Solutions Conference & Expo 2022—Deadline Sept. 13
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.

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.

CFPB: Refi Loans Drove Increase in 2020 Closed-End Originations
The Consumer Financial Protection Bureau issued another report of its analysis of Home Mortgage Disclosure Act data on Thursday, noting closed-end mortgage originations, as well as applications, increased substantially between 2019 and 2020.

Quote
“Even now, many lenders are seeing changes in their business due to a slowly cooling real estate market and a shift in product mix. But without analytics applied to their data, these changes are felt more than observed.”
–Joe Camerieri, Executive Vice President of Mortgage Cadence, Denver.

MBA: 2Q Mortgage Delinquencies Fall to One-Year Low
The Mortgage Bankers Association on Thursday released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 5.47 percent of all loans outstanding—the lowest rate since first-quarter 2020.

Rita Moreno Keynotes mPower Luncheon at 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 Academy Award- and Presidential Medal of Freedom Award-winning actress Rita Moreno keynotes the mPower Luncheon on Tuesday, Oct. 19.

CFPB Report: Refi Loans Drove Increase in 2020 Closed-End Originations
The Consumer Financial Protection Bureau issued another report of its analysis of Home Mortgage Disclosure Act data on Thursday, noting closed-end mortgage originations, as well as applications, increased substantially between 2019 and 2020.