Offices of the Mortgage Bankers Association will close at 5:00 p.m. ET on Thursday, Dec. 23 and will reopen at 8:00 a.m. ET on Monday, Jan. 3, 2022.
Category: News and Trends
Scott Roller: Mortgage Vendor News & Views, December 2021
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we delve into the bevy of activity surrounding vendor mergers and acquisitions
Mark P. Dangelo: Foretelling the Stories of ‘Ghosts of Yet to Come’ in 2022
For c-levels, the unknowns of 2022 represent a nightmarish Christmas Carol outcome. From technologies to personnel to regulatory compliance to political alignments to non-traditional competition to comprehensively unique business models, the sustainability challenges for financial services firms have never been greater.
Tom Price of Incenter on Why Climate Change Should Be a Top Mortgage Banking Priority
Thomas (Tom) Price is President of Incenter Insurance Solutions, Fort Washington, Pa.
Existing Home Sales Up 3rd Straight Month
Existing home sales appear to be heating up again as the year ends, the National Association of Realtors reported Wednesday.
Consumer Confidence Finishes 2021 on Improving Note
The Conference Board, New York, said its monthly Consumer Confidence Index increased for the second straight month in December, after an upward revision in November.
3Q GDP Settles in at 2.3%
U.S. Gross Domestic Product increased by 2.3 percent annually in the third quarter, a somewhat slower pace than the second quarter amid new COVID concerns, according to the third (final) estimate by the Bureau of Economic Analysis.
FHFA Finalizes 2022-2024 Single-Family, 2022 Multifamily Housing Goals
The Federal Housing Finance Agency released benchmark levels for Fannie Mae and Freddie Mac single-family housing goals for 2022 through 2024 and benchmark levels for multifamily housing goals for 2022.
MBA Forecast: 2021 Purchase Originations to Hit Record $1.6 Trillion
The Mortgage Bankers Association this week released its December Economic and Mortgage Market forecasts, showing overall 2021 mortgage originations expected to fall just short of last’s years record, but purchase originations expected to rise to a record $1.6 trillion—and go even higher in 2022.
Dealmaker: NewPoint Real Estate Capital Closes $27M for Multifamily
NewPoint Real Estate Capital, Plano, Texas, provided $27.4 million for multifamily properties in Holiday, Fla. and Oxford, Miss.