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.
Category: News and Trends
Souren Sarkar, CMB, of Nexval on Siloed Technologies
Souren Sarkar, CMB, is founder and CEO of Nexval, (U.S. headquarters Pompano Beach, Fla.), a business process outsourcing and fintech provider specializing in the mortgage industry. He has more than 25 years of experience as a technology leader in the mortgage and banking arena.
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.
Hotel Performance Improving, But COVID-Variant Threat Persists
CBRE, Dallas, said average daily rate gains and a 35 percent year-over-year occupancy increase showed demand for U.S. hotels endured in Q3 despite the Delta variant.
MBA Advocacy Update Dec. 20, 2021
On Tuesday, President Joe Biden nominated Acting Director Sandra L. Thompson to permanently lead the Federal Housing Finance Agency, and the Senate confirmed Alanna McCargo to serve as President of Ginnie Mae.
Survey Details Lenders’ ‘Substantial’ Risk, Compliance Concerns
Regulatory compliance and risk concerns remain elevated in a number of key areas for U.S. banks and credit unions, according to results of Wolters Kluwer’s 2021 Regulatory & Risk Management Indicator survey.
Dealmaker: Gantry Secures $17M For San Diego Multifamily Developments
Gantry, San Francisco, secured $17.1 million in construction-to-permanent financing for two multifamily infill development projects in San Diego’s Pacific Beach neighborhood.
Industry Briefs Dec. 20, 2021: Clear Capital Launches ClearPhoto
Clear Capital, Reno, Nev., launched ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch.
MBA Chart of the Week Dec. 17 2021: Federal Reserve Dot Plots
This week’s MBA Chart of the Week traces the Federal Open Market Committee forecasts and long-run estimates of four key metrics that contribute to Fed decision-making and communication – GDP, inflation, unemployment and the Fed funds rate.
The Week Ahead Dec. 20, 2021: Five Things to Know
Good morning! And welcome, for all practical purposes, to the final full business week of 2021. Here are five things to look for this week: