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.
Category: News and Trends
Stanley Middleman: As We Overcome the Challenges of 2020, Hope Lies Ahead
One third of the way into 2021 we find ourselves immersed in questions and wonderment as to what the future of the residential finance business will look like. Originators join with servicers, investors, and borrowers all wondering what comes next. What does our future hold?
Omar Jordan of LenderClose on the Evolving Home Equity Loan Market
Omar Jordan is Founder and CEO of LenderClose, West Des Moines, Iowa, a fintech that equips loan originators with the workflows needed to boost efficiencies and shorten the lending cycle through streamlined and meaningful integrations. He founded LenderClose in 2015.
People in the News May 26, 2021
Notarize, Boston, announced Roger W. Ferguson Jr., joined its board of directors. His career spans more than four decades, including 13 years as CEO of TIAA.
Peter Muoio of SitusAMC Insights: Migration Out of Big Cities Opportunity for Some Who Previously Couldn’t Afford It
Peter Muoio is head of SitusAMC’s Insights division, a provider of technology and services to the real estate finance industry. He has more than 30 years of research and analytics experience in the commercial real estate industry.
MBA: Share of Mortgage Loans in Forbearance Decreases to 4.19%
Mortgage loans in forbearance fell for the 12th consecutive week, the Mortgage Bankers Association reported Monday.
Life Insurance Commercial Mortgage Return Index Dips
Trepp, New York, said commercial mortgage investments held by life insurance companies dipped in the first quarter after three consecutive positive quarters.
Dealmaker: New York Life Real Estate Investors Originates $154M for Industrial, Multifamily
New York Life Real Estate Investors originated $154.2 million for industrial and multifamily assets in Virginia and Georgia.
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.
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.