In third quarter 2020, MBA launched a new Wholesale Lending Survey for members to track broker wholesale and non-delegated correspondent volume and related metrics. This week’s chart shows the percentage change from the previous month in average broker-wholesale and non-delegated correspondent volume.
Category: News and Trends
Industry Briefs June 21, 2021
Fannie Mae, Washington, D.C., said economic growth expectations for full-year 2021 were revised modestly upward to 7.1 percent, one-tenth higher than the previous forecast, due to stronger-than-expected consumer spending data year to date.
MBA Weighs In With SEC on Climate-Related Disclosures
The Mortgage Bankers Association last week urged the Securities and Exchange Commission to follow a set of guiding principles as it considers climate-related disclosures.
Lennar Mortgage Takes Creative Approach to Raise $62,000 for MBA Opens Doors Foundation
The MBA Opens Doors Foundation is grateful for the member company campaigns that support its mission—and for the creative approaches that companies such as Lennar Mortgage, take to help further that mission.
MISMO Approves Commercial Appraisal Dataset Standard
MISMO®, the real estate finance industry’s standards organization, announced availability of its updated Commercial Appraisal Dataset standard.
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“Promoting safe and sustainable homeownership and closing the homeownership gap that exists within minority communities is my top priority as MBA’s 2021 Chair. The mortgage industry has an opportunity and a responsibility to open the door for those ready and able to buy a home.”
–Susan Stewart, 2021 MBA Chair and CEO of SWBC Mortgage Corp., on MBA’s participation in the Black Homeownership Collaborative, which aims to increase Black homeownership by 3 million households by 2030.
Jim Paolino of Mortgage Sentinel: It’s Time for Lenders to Start Planning for a Changing Market
Demographic and other changes indicate mortgage industry is at a crossroads with the way we’ve done business for years.
Initial Claims Rise for First Time Since April
Initial claims for unemployment insurance rose for the first time in seven weeks and rose above the 400,000 mark for the first time since mid-May, the Labor Department reported Friday.
Industry Briefs June 18, 2021
Fannie Mae, Washington, D.C., said economic growth expectations for full-year 2021 were revised modestly upward to 7.1 percent, one-tenth higher than the previous forecast, due to stronger-than-expected consumer spending data year to date.
Lennar Mortgage Takes Creative Approach to Raise $62,000 for MBA Opens Doors Foundation
The MBA Opens Doors Foundation is grateful for the member company campaigns that support its mission—and for the creative approaches that companies such as Lennar Mortgage, take to help further that mission.