Good morning and happy Monday (someone has to say it). Mortgage Bankers Association staff are back in Washington following an exhilarating Annual Convention & Expo in San Diego that drew nearly 3,500 attendees.
Category: News and Trends
Dealmaker: IRA Capital Acquires Beverly Hills Office for $153M
IRA Capital, Irvine, Calif., acquired The Post, a Class A creative office building in Beverly Hills, Calif., for $153 million.
Ask an Analyst: Talking About ESG & CRE Implications With Paul Fiorilla
Paul Fiorilla is Director of Research at Yardi Matrix. His research covers all facets of commercial real estate and he recently published a report highlighting different environmental risk levels across metro areas in the U.S. MBA Newslink interviewed him about the implications of recent environmental, social and governance trends.
Mark P. Dangelo: 2022 C-Suite Agendas Meet New Realities
The challenges of the executing against traditional business prescriptions are many—at a minimum due to changes in strategy, personnel, convention, ecosystems, innovations, and cloud (maturity). The accepted top-down agenda setting management theory of academics and consultants constructed in silos of efficiency are being called into question.
Rajesh Bhat of Roostify: When Will the Mortgage Industry be Truly Automated?
The mortgage industry has been moving towards automation, but still has a long and complex road ahead. Rajesh Bhat, Co-Founder and CEO of Roostify, offers his perspective on what steps lenders can take today to better prepare themselves for the journey, and the destination.
Chris Meade of LenderClose: The Right Stuff–How the Right Technology Can Unlock Real Estate and Home Equity Lending
Chris Meade is Vice President of Client Relations of LenderClose, a fintech engaged in providing technology platforms to home equity and real estate lenders. With more than 10 years of experience in the technology industry, he seeks to build and enrich client relationships with a personable and user-centric approach.
MBA Elects 2022 COMBOG
The Mortgage Bankers Association announced members of its 2022 Commercial Real Estate/Multifamily Finance Board of Governors.
Quote
“The overall improvement in financial health shows that government interventions can have a powerful impact on the most vulnerable, including marginalized communities, but these gains are at risk as relief programs wind down.”
–Jennifer Tescher, president and CEO of Financial Health Network.
mPowering You: Why Not You? Gen. Nadja West on Perseverance and Breaking Boundaries
SAN DIEGO—Gen. Nadja West’s story is one of grit, perseverance, strength and breaking boundaries in the face of adversity.
Unemployment Weekly Claims Fall to 19-Month Low
Initial claims for unemployment insurance fell by another 6,000 last week, the Labor Department said Thursday, the second consecutive week at under 300,000 claims and the lowest level in 19 months.