A total of 4,309 companies reported lending activity under the Home Mortgage Disclosure Act in 2020, according to MBA’s own analyses of the dataset.
Category: News and Trends
Dealmaker: Staley Point Capital, Bain Capital Real Estate Acquire $47M in Industrial Assets
Staley Point Capital, Los Angeles, and Bain Capital Real Estate, Boston, acquired two industrial assets for $47.3 million.
The Week Ahead Aug. 2, 2021: Five Things to Watch
Good morning! Welcome to the first week of August. While traditionally a “quiet” period here in Washington, as of late that term seems relative. Here are five topics we’re keeping an eye on:
J.D. Power: Mortgage Servicers Get High Marks; Nonbanks Gain Traction
J.D. Power, Troy, Mich., said mortgage servicers earned high levels of customer satisfaction during the pandemic, but warned as loan forbearance programs come to an end and more normalized customer interactions resume, traditional banks are starting to lose their edge over non-bank lenders.
Call for Speakers: MBA Independent Mortgage Bankers Conference 2022: Deadline Aug. 20
The Mortgage Bankers Association is now accepting speaker proposals for its Independent Mortgage Bankers Conference 2022, taking place January 24-27 in Nashville, Tenn. This annual event is the largest gathering of non-bank mortgage lenders and is purpose-built for the IMB.
MBA Seeks Participants in New Diversity, Equity and Inclusion Study
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.
Authors Malcolm Gladwell, Brad Meltzer Keynote MBA Annual Convention & Expo
Registration for the Mortgage Bankers Association’s Annual Convention & Expo, taking place Oct. 17-20 at the San Diego Convention Center, is officially open. Join MBA in San Diego as New York Times best-selling authors Malcolm Gladwell and Brad Meltzer keynote General Sessions on Tuesday, Oct. 19.
MISMO Creates Community of Practice to Explore Market Need, Potential Standards for ESG Initiatives
MISMO®, the real estate finance industry standards organization, created a new Community of Practice focused on exploring potential standards for Environmental, Social & Governance initiatives to meet the needs of market participants.
MBA Supports CSBS Prudential Standards for Nonbank Mortgage Servicers
On Tuesday the Conference of State Bank Supervisors released model state regulatory prudential standards for nonbank mortgage servicers. MBA President and CEO Bob Broeksmit, CMB, immediately expressed support for the standards.
Quote
“Despite the attention on relief programs, nearly one-fifth of current mortgage customers have had no interaction with their servicer during the past year. Mortgage servicers will really need to up their customer engagement games as the marketplace stabilizes.”
–Jim Houston, director of consumer lending intelligence with J.D. Power, Troy, Mich.