It is imperative for technology providers to help navigate the way through the process that could, if not addressed, destabilize the housing industry.
Category: News and Trends
People in the News May 3, 2021
The Mortgage Bankers Association’s Lisa J. Haynes and Charmaine Brown were recently recognized as leaders in diversity, equity and inclusion at the National Diversity Council’s four-day, virtual National Diversity & Leadership Conference, held this month.
The Week Ahead—May 3, 2021
The Mortgage Bankers Association’s National Advocacy Conference is a little more than a week away. Offered through MBA LIVE, this is the largest advocacy event of the year focused solely on the issues facing you and the real estate finance industry.
CFPB: Consumer Complaints Higher in Predominantly Minority Areas
The Consumer Financial Protection Bureau issued a bulletin this week analyzing complaints submitted by consumers in counties nationwide. The Bureau reported in 2019 and 2020, it received more complaints on a per-capita basis from consumers living in predominantly minority counties than from consumers in predominantly white, non-Hispanic counties.
Initial Claims Down Another 13,000
Initial claims for unemployment insurance continued to drop, the Labor Department reported last week, falling to levels last seen in March 2020.
February Pending Home Sales Fall 10.6%
Pending home sales fell in February, the second straight month monthly decrease, the National Association of Realtors reported yesterday.
1Q GDP Report Shows Accelerating Economy
Real gross domestic product increased at an annual rate of 6.4 percent in the first quarter—the fastest such pace in more than 36 years—according to the first (advance) estimate released yesterday by the Bureau of Economic Analysis.
Hotel Recovery Hits Plateau
The hotel sector’s recovery continues, though it has “plateaued” for the moment, analysts with STR and Trepp LLC reported.
Dealmaker: Axiom Capital Corp. Arranges $54M
Axiom Capital Corp., Clifton Park, N.Y., arranged $54.1 million in financing for industrial, office and retail properties in four states.
MBA’s Lisa Haynes, Charmaine Brown Recognized as DEI Leaders by National Diversity Council
The Mortgage Bankers Association’s Lisa J. Haynes and Charmaine Brown were recently recognized as leaders in diversity, equity and inclusion at the National Diversity Council’s four-day, virtual National Diversity & Leadership Conference, held this month.