Mesa West Capital, Los Angeles, funded $187.5 million in first mortgage debt secured by apartment communities in Chicago, Phoenix and Portland, Ore.
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 Condo Lending Workshop: Focus on the Government Market July 22
A half-day online event taking place Thursday, July 22 from 1:00-5:00 p.m. ET, the Condominium Lending Workshop: Focus on the Government Market features experts from FHA, VA and other lenders as they discuss latest trends and guidelines in government condo lending.

June Mortgage Credit Availability Down 8.5%
Mortgage credit availability decreased in June to its lowest level since September, the Mortgage Bankers Association reported Thursday.

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.

Quote
“Affluent homeowners in Seattle, Portland and parts of California are selling their homes for $1 million or $2 million. Then they’re coming to Boise, where they’re buying houses that are twice the size for half the price.”
–Shauna Pendleton, a Redfin agent in Boise, Idaho.

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.

Sponsored Content from SWBC: Improve the LPI Borrower Experience by Leveraging Innovative Technology
In this article, we’ll discuss how EDI and RPA technologies help lenders streamline insurance tracking and verification and reduce direct member contact.

Call for Speakers: MBA Annual Convention & Expo; Deadline TODAY
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association’s Annual Convention & Expo 2021, taking place October 17-20 at the San Diego Convention Center.

June Mortgage Credit Availability Down 8.5%
Mortgage credit availability decreased in June to its lowest level since September, the Mortgage Bankers Association reported Thursday.