Bill Belichick, one of the most successful coaches in professional football history, once said a team is “not the strength of the individual players, but it is the strength of the unit and how they all function together.” Such wisdom surely resonates with many business leaders in our industry. But how well do they live by it?
Category: News and Trends

MBA CONVERGENCE Holds Memphis Job Fair, Homebuyer Fair
The Mortgage Bankers Association’s affordable housing initiative, CONVERGENCE, recently held virtual events in Memphis, Tenn., for area jobseekers and potential home buyers.

Dealmaker: Gantry Secures $18M for Two Suburban Business Parks
Gantry, San Francisco, secured $17.5 million to refinance two suburban office parks in two states owned by a Seattle-based private family office.

Local Investors Drive Record Demand for Foreclosures
Auction.com, Irvine, Calif., reported more than three out of four distressed property buyers are local investors and nearly nine in 10 purchased five or fewer investment properties in 2020.

MBA Weekly Applications Survey May 5, 2021: Activity Down 2nd Straight Week
Mortgage applications fell overall from one week earlier as interest rates inched up, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 30.

CMBS Market Musings: Trophy Asset and Transitional Loan Transactions Thrive
The private-label CMBS market remains a mixed bag showing signs of a K-shaped recovery in the second quarter with delinquency and default numbers trending down now for nine consecutive months.

Joe Murin: Does Limited Housing Inventory Mean the Beginning of the End of Housing Boom…or End of the Beginning?
Soaring home prices and raging demand will not be enough to slow the housing train. In fact, they may actually help it.

Tai Christensen of CBC Mortgage Agency: Black Homeowner Equity Takes Big Step in Right Direction
Tai Christensen is the Diversity, Equity and Inclusion Officer and the Director of Government Affairs for CBC Mortgage Agency, a national down payment assistance provider, and has 17 years of experience in the mortgage industry.

Cam Melchiorre: Rapid Rental Relief: The Problem and The Solution
It is imperative for technology providers to help navigate the way through the process that could, if not addressed, destabilize the housing industry.

MBA Premier Member Profile: protiviti
Protiviti is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future.