Homebuyer satisfaction with the mortgage process remained high during the pandemic year, said Fannie Mae, despite most lenders facing the challenges of remote working and increased volume.
Category: News and Trends
Murali Tirupati: How Mortgage Servicers Can Improve Operations with an ‘Automation-First’ Strategy
Mortgage servicers are under tremendous pressure to not just onboard loan files faster but do so in compliance with regulatory requirements of CFPB.
MBA CONVERGENCE Takes Big Next Step in Columbus
MBA CONVERGENCE, the Mortgage Bankers Association’s initiative to promote minority homeownership opportunities, launches its second major pilot program July 21 in Columbus, Ohio.
Louis Zitting: Are You Giving Your Old Contacts a Fresh Look?
The reality is that most loan officers with a good-sized database have plenty of contacts who are ready to finance or refinance right now—they just don’t know who they are. But there are ways to identify them and turn a missed opportunity into a success story.
Authors Malcolm Gladwell, Brad Meltzer Keynote 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 New York Times best-selling authors Malcolm Gladwell and Brad Meltzer keynote General Sessions on Tuesday, Oct. 19.
MBA DEI Leadership Awards: Nomination Deadline Aug. 13
Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.
Fannie Mae: Homebuyer Satisfaction with Mortgage Process Remains High
Homebuyer satisfaction with the mortgage process remained high during the pandemic year, said Fannie Mae, despite most lenders facing the challenges of remote working and increased volume.
Share of Homes Bought with All Cash Hits 30% for First Time Since 2014
Redfin, Seattle, said nearly one-third (30%) of U.S. home purchases this year were paid for with all cash, up from 25.3% during all of 2020 to the largest share since 2014 (30.6%).
Unemployment Claims Push Closer to Pre-Pandemic Levels
Initial claims for unemployment insurance fell by another 26,000 last week, edging closer to “normal” by pre-pandemic measures.
Industrial Sector Demand, Deliveries Reach New Records
The industrial sector saw record-setting demand and deliveries in first-half 2021, reported Cushman & Wakefield, Chicago.