Matt Hydrew of CreditXpert shares the lending success formula to keep applicants credit- and loan-ready.
Category: News and Trends
MBA Seeks Nominations for Residential Board of Governors; Deadline Apr. 30
On behalf of Mortgage Bankers Association Residential Board of Governors (RESBOG) Chair John Hedlund and Vice Chair Al Blank, MBA seeks members’ recommendations for individuals/companies to serve on RESBOG in future terms.
MBA NewsLink Tech All-Star 2021: Benjamin Schweitzer and Freddie Mac’s Multifamily Innovation Lab
To deal with the disruption of the COVID-19 pandemic, Freddie Mac Senior Director Benjamin Schweitzer and Freddie Mac’s Strategic Transformation team immediately accelerated their work on technology that supports remote property inspections, widely known as virtual inspections.
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“The rebound in new home sales actually understates the strength of the housing market. Demand is exceptionally strong throughout most of the country, and buyers have a fistful of dollars accumulated from relief checks and savings built up from when they were not dining out, attending concerts, traveling or spending money for other discretionary items or services during the pandemic.”
–Mark Vitner, Senior Economist with Wells Fargo Securities, Charlotte, N.C.
#MBASPRING21: MBA Forecasts 2021 Purchase Originations on Pace to Record $1.67 Trillion
The Mortgage Bankers Association’s updated Economic Forecast projects 2021 purchase originations are on track to grow by 16.4% to a record $1.67 trillion.
MBA NewsLink Tech All-Star 2021: A Passion for Safe Closes—Ike Suri, Chairman & CEO, FundingShield
You might say Ike Suri is feeling the love these days. The quality of his vision in the past four years has transformed how many of us work. Plus, it’s hard to ignore the head of a company that has reviewed more than $1 trillion (that’s trillion with a “t”) in closing value.
Brace for Impact: CRE Finance Implications as LIBOR Transition Approaches
The finance industry’s march towards transition away from LIBOR index continues as the third quarter approaches. For all the talk of upward revisions to economic growth projections, the market still awaits the first balance sheet commercial mortgage loan based on SOFR index.
MBA NewsLink Tech All-Star 2021: Connecting the Mortgage Ecosystem—Matt Hansen, Founder and CEO, SimpleNexus
It’s easy to make Matt Hansen happy. “I just love writing code,” the Founder and CEO of SimpleNexus and MBA NewsLink 2021 Tech All-Star, said. “If I wasn’t writing code at work, which I did for 14 years, I was writing code at home. Even after a decade of it, I just couldn’t get enough of it.”
People in the News Apr. 26, 2021
Amerifirst Home Mortgage, Kalamazoo, Mich., appointed Thinh Nguyen to serve as its chief information officer, responsible for all aspects of the company’s IT department, including its strategy, execution and infrastructure.
Initial Claims Hit Another Post-Pandemic Low
Initial claims fell to their lowest level since March 2020, the second-straight week of dramatic drops, the Labor Department reported yesterday.