Institutional Property Advisors, Calabasas, Calif., closed two multifamily transactions totaling $110.9 million.
Category: News and Trends
Longtime CRE Leader Stacey Berger Retires
Stacey Berger, Executive Vice President and longtime Co-Head of Midland, Overland Park, Kan., recently announced his retirement effective May 31.
(The New Normal) Larry Silver: The Future of Mortgage Professionals Reimagined for a Hybrid Workplace
Working from home proved liberating for many people, either because they got more work done or they gained a better work-life balance. At this point, we can’t just put the genie back in the bottle. So, how will the mortgage industry manage the shift back to the office, or will they? Now that our face-to-face meeting-driven, paper-intensive industry has been thrust into the future, does it make sense to return to the past?
MBA CONVERGENCE Partner Profile: Pete Carroll, CoreLogic
Pete Carroll is executive of Public Policy & Industry Relations with CoreLogic, Irvine, Calif., and a member of the CONVERGENCE Memphis Steering Committee.
Sponsored Content from ServiceLink: Selecting an AMC Committed to Compliance —Why and How
The largest risk in the real estate lending industry is the collateral securing the loan. Having thorough appraisal and evaluation programs in place is the best insurance to mitigate that risk. ServiceLink’s Laura Raposo explains how lenders can identify and select an AMC with an affirmed commitment to compliance, and the financial strength and stability to adhere to that commitment.
Tom Lamalfa: May 2021 MBA Spring Conference Survey
In early May I surveyed 33 senior executives from 33 separate mortgage companies about a myriad of issues and topics both germane and important to the mortgage banking industry. It was the 25th time such a survey was conducted by me since 2008. Until 2020 the surveys were conducted face to face at the MBA National Secondary Market Conference every May and again in October at the MBA’s Annual Convention. However, the pandemic has shifted both sets of contacts to the telephone last year and this.
To the Point with Bob–IMBs and the CRA: A Misguided Match
In this edition of To the Point with Bob, MBA President & CEO Robert Broeksmit, CMB, says while the Community Reinvestment Act serves an important policy objective, it is inappropriate to apply it to independent mortgage banks.
Quote
“Mark [Jones] is a fierce advocate for mortgage lenders and their customers, and I am pleased to welcome him to MBA’s leadership ladder. He is an industry trailblazer and a valuable voice for sustainable, affordable housing and communities across the country, making him a terrific fit to lead MBA and its members.”
–Susan Stewart, MBA 2021 Chair and CEO of SWBC Mortgage, San Antonio, Texas, on Mark Jones’ nomination as 2022 MBA Vice Chairman.
Industry Briefs May 28, 2021
Enact Holdings Inc., Raleigh, N.C., a provider of private mortgage insurance through its insurance subsidiaries, introduced its new brand and visual identity. Formerly known as Genworth Mortgage Holdings Inc., Enact is a wholly owned operating subsidiary of Genworth Financial Inc.
Jim Rosen: Why Now is the Time for eClosings
When it comes to closing, there are lots of moving parts involved that have traditionally been in person or on physical paper. However, things had to change rapidly. Although a challenge in the beginning, it has also presented a large opportunity and given borrowers and lenders more flexibility in how they complete tasks.