Hall Structured Finance, Dallas, closed $71.7 million in construction financing for a Colorado hotel and a Florida apartment property.
Category: News and Trends
CoreLogic Finds Shifting Market Dynamics Since 2011
Small investors make up a growing share of single-family real estate purchases and continue to gain market share at the expense of their larger counterparts, reported CoreLogic, Irvine, Calif.
MBA Chart of the Week Aug. 30 2021: IMB Net Production Profit & Purchase Share
In this week’s MBA Chart of the Week, we look at net production profit in basis points, relative to the purchase share of total first mortgage originations by dollar volume over a five-year time span – second quarter 2016 through second quarter 2021.
MBA Seeks Participants in New Diversity, Equity and Inclusion Study
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Rita Moreno Keynotes mPower Luncheon at 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 Academy Award- and Presidential Medal of Freedom Award-winning actress Rita Moreno keynotes the mPower Luncheon on Tuesday, Oct. 19.
The Week Ahead Aug. 30, 2021: Four Things to Watch
Good morning! And welcome to “Transition Week” here in Washington, where high school football is starting, leaves are beginning to fall and we’re putting away our summer clothes and bringing our pumpkin spice coffee cups out of storage.
Industry Briefs Aug. 30, 2021: Home Lending Pal Raises $2M
The Mortgage Collaborative, San Diego, announced the TMC Emerging Technology Fund LP led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace that focuses on fair lending practices.
Quote
“At this critical juncture–the first year into the new decade and continually moving farther away from the pandemic–when the hot housing market cools down, we may see investor activity increase as they try to buy more properties at lower prices.”
–Molly Boesel, Principal Economist with CoreLogic, Irvine, Calif.
Greer Allgood of Wipro Opus Risk Solutions: Managing Mortgage Underwriters Remotely
For years, mortgage underwriters have been accustomed to working from home a few days a week; consequently, during the pandemic, it was not much of a challenge to transition to a 100% remote working scenario. What has been a challenge is managing these highly-skilled employees and maintaining their morale at the same time. The great news is that it can be done.
Tim Anderson of Evolve Mortgage Services: Wide eMortgage Adoption Remains Elusive
Tim Anderson is EVP and Director of eMortgage Strategy for Evolve Mortgage Services, where he is responsible for overseeing deployment of the company’s end-to-end digital closing platform and developing strategic partner relationships.