Mortgage applications bounced back last week after two straight weeks of steady decline as interest rates fell sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 9.
Category: News and Trends
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“We saw an opportunity for MBA to be a convener and help get these stakeholders organized around the challenges of minority homeownership [in Columbus], similar to the model in Memphis. Additionally, MBA is helping by bringing in some great national partners to join the effort. Columbus is also a market with opportunities for us to make a real impact if we can organize all of these great stakeholders around a common playbook, which is exactly what we plan to do.”
–Steve O’Connor, MBA Senior Vice President of Affordable Housing Initiatives.
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 July 16
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.
Jennifer Henry: The Role Third-Party Data Plays for Mortgage Originators and Servicers
Lenders and servicers alike must focus on streamlining processes through automated technology and data-enabled solutions to sustain a more profitable business model and manage the shifts and demands of the marketplace.
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.
MBA Weekly Applications Survey July 4, 2021: Apps Rebound Strongly
Mortgage applications bounced back last week after two straight weeks of steady decline as interest rates fell sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 9.
Tech Hubs Poised For Growth After Holding Steady Through Pandemic
Technology employment weathered the pandemic better than most professions; now established tech capitals such as San Francisco and Seattle and emerging tech hubs including Dayton and Colorado Springs are poised for growth, said CBRE, Dallas.
Turning the Corner? Mortgage Delinquencies See 1st Annual Decrease in More than a Year
CoreLogic, Irvine, Calif., said all stages of mortgage delinquency except for the serious delinquency rate improved on an annual basis for the first time since March 2020.