The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Category: News and Trends
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“Both single-family and multifamily starts declined in July relative to June, but single-family starts remain almost 12% higher than last year. There are now almost 690,000 single-family homes under construction – the largest number since 2007. This is clearly a positive sign given the remarkably low levels of inventory on the market.”
–MBA Chief Economist Mike Fratantoni.
Mark P. Dangelo: The Dark Matter Transforming M&A Post-Deal Landscapes, Part 2
M&A events in the Age of Industry 4.0 have moved beyond scale and into the digital clarity achieved by the combination of firms using curated data necessary to profit from vast ecosystems of financial products and services across channels and consumers. Financial and private equity firms that target and conduct due diligence solely on financial engineering will become footnotes in history.
People in the News August 18 2021
The Greater Omaha Chamber of Commerce will induct former Mortgage Bankers Association Chairman Rodrigo López, CMB, into its Omaha Business Hall of Fame at a ceremony later this month.
MBA Weekly Applications Survey Aug. 18, 2021: Applications Down as Rates Crawl Above 3%
Mortgage applications fell by nearly 4 percent last week as interest rates crept above 3 percent for the first time in a month, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 13.
TransUnion: Healthy Consumer Credit Market Drives Return to Lending
TransUnion, Chicago, said the financial services industry is rebounding strongly from the early impacts of the COVID-19 pandemic, with auto, credit card, mortgage and personal loan industries exhibited renewed signs of strength at the mid-point of 2021.
MBA Weekly Applications Survey Aug. 18, 2021: Applications Down as Rates Crawl Above 3%
Mortgage applications fell by nearly 4 percent last week as interest rates crept above 3 percent for the first time in a month, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 13.
MBA DEI Leadership Awards: Nomination Deadline Extended to Aug. 20
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Owning a Home Cheaper Than Renting in All 50 Top U.S. Markets
It was cheaper to own in every one of the top 50 markets, including the two most expensive rental markets, San Francisco and San Jose, Calif., said First American Financial Corp., Santa Ana, Calif.
Builder Confidence at 13-Month Low
The National Association of Home Builders said higher construction costs and supply shortages, along with rising home prices pushed builder confidence to its lowest reading since July 2020.