Gantry, San Francisco, secured $24.6 million for two assets in California and Washington.
Category: News and Trends
MBA CONVERGENCE Webinar July 8: Intersections of Supply and Demand Challenges in Accessing Affordable Homeownership
MBA CONVERGENCE presents the fourth installment of its “Physics of Affordable Housing” series on Thursday, July 8 from 2:00-2:45 p.m. ET.
People in the News June 28, 2021
The White House appointed Sandra L. Thompson as Acting Director of the Federal Housing Finance Agency effective immediately.
Industry Briefs June 28, 2021
Lodasoft, Livonia, Mich., integrated with the Optimal Blue PPE engine through Black Knight, Jacksonville, Fla. The integration enables mortgage lenders to deliver Optimal Blue PPE pricing workflows into Lodasoft’s platform
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“Every American deserved the right to be treated fairly and equitably is the process of securing safe and affordable housing. We look forward to reviewing the proposed rule and working with HUD to ensure a final rule that is consistent with case law, provides robust protections for borrowers and renters and clarity for lenders.”
–Pete Mills, MBA Senior Vice President of Residential Policy and Member Engagement, on a HUD proposal to restore its 2013 “disparate impact” rule on housing discrimination.
CDC Extends National Residential Eviction Moratorium for Final Time to July 31
The Centers for Disease Control and Prevention on Thursday extended its nationwide residential eviction moratorium by another month, to July 31.
Sherri Carr: A New Solution for Variable Rate Loan Products
. As competition heats up in the face of the anticipated slowdown in mortgage demand, adjustable-rate loans will become an important competitive tool for many loan originators.
Call for Speakers: MBA Risk Management, QA & Fraud Prevention Forum–Deadline June 29
Full session and individual speaker proposals are now being accepted for the Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum 2021, taking place Sept. 28–29 via MBA LIVE.
Paul Martin: The Time for Title Standards Is Now
Over the past several years, the hurdles to creating digital property transactions have been overcome with increasing speed. Between the rising adoption of the Mortgage Industry Standards Maintenance Organization (MISMO) SMART Docs and eNotes to remote online notarizations (RON), today’s housing industry finds itself standing on the precipice of a truly digital future.
Biden Administration Nominates Julia Gordon as FHA Commissioner; Dave Uejio as HUD Assistant Secretary
The Biden Administration on Friday nominated Julia Gordon as FHA Commissioner and announced Dave Uejio, who has been serving as Acting Director of the Consumer Financial Protection Bureau, has been nominated as HUD Assistant Secretary for Fair Housing and Equal Opportunity.