“Not only have equity gains helped homeowners more seamlessly transition out of forbearance and avoid a distressed sale, but they’ve also enabled many to continue building their wealth.”
–Frank Martell, president and CEO of CoreLogic, Irvine, Calif.
Mortgage interest rates fell for the first time in four weeks, sparking an uptick in refinance activity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 3.
As the commercial/multifamily industry reemerges from the pandemic, MBA Newslink interviewed former Mortgage Bankers Association Board of Directors member and first Chair of MBA’s Commercial/Multifamily Board of Governors, Shekar Narasimhan, CMB.
The Federal Reserve Board and the Consumer Financial Protection Bureau announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2022 are exempt from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
Smaller lenders have options to stay competitive in spite of increased costs.
Kroll Bond Rating Agency, New York, just released its 2022 Sector Outlook—CMBS: Full Steam Ahead report. MBA NewsLink interviewed KBRA’s Larry Kay and Patrick McQuinn to get their insights on the current lending environment and property fundamentals as well as factors that may affect property performance in 2022.
Lenders that start with potential and then give applicants the opportunity to improve their score can meaningfully grow revenue.
Two tactics, focus forums and shadowing, can increase the nimbleness of your lending platform. These, along with the application of follow-up technology, will increase your staff’s ability to serve borrowers consistently and more efficiently, despite changing volume and tightening margins.
HUD on Dec. 7 released guidance clarifying special purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.
Mortgage interest rates fell for the first time in four weeks, sparking an uptick in refinance activity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 3.
