Freddie Mac, McLean, Va., said its Apartment Investment Market Index held steady in the first quarter as continuing low interest rates support the sector.
Category: News and Trends
Despite Risk, Homes in High-Flood Areas Flying Off the (Continental) Shelves
Hurricane seasons and climate change are threatening to redraw coastal U.S. maps. But it’s not stopping homebuyers from chasing down waterfront properties.
Tom Millon, CMB, of Computershare Loan Services on Default Loan Servicing
Tom Millon, CMB, is CEO of Computershare Loan Services US, Ponte Vedra Beach, Fla.
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.
MBA CONVERGENCE Partner Profile: Cheryl Muhammad, Assured Real Estate Services
Cheryl Muhammad is owner and CEO of Assured Real Estate Services, Memphis, Tenn., which she founded in 2005. She is responsible for the company’s day-to-day operations. She has been an award-winning full-time real estate agent since 1999. She serves as Co-Chair of the CONVERGENCE Memphis Information and Trust Gap Workstream.
MBA Weekly Applications Survey June 9, 2021: Fewer Borrowers Despite Low Rates
Mortgage application activity fell again from one week earlier, despite a slight uptick in purchase applications, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 4.
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“A rapidly improving economy and job market has freed up jumbo credit, as banks have deposits to utilize. However, there is still plenty of restraint, as many sectors have not fully returned to pre-pandemic capacity, and there are around 2 million borrowers still in forbearance.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
MBA Urges Support of Affordable Housing Provisions to House Infrastructure Bill
Ahead of a scheduled vote Wednesday on part of the Biden Administration’s multi-billion-dollar infrastructure bill, the Mortgage Bankers Association sent a letter to the House Transportation and Infrastructure Committee urging support for two provisions that support affordable housing incentives.
Lisa Springer of STRATMOR Group: Relieving Workforce Burnout Through Technology
Lisa Springer is a senior partner and CEO of STRATMOR Group, Greenwood Village, Colo., a data-driven mortgage advisory firm. She provides direction and leadership to achieve the firm’s strategic goals.
Nadim Homsany: How IMBs Can Digitize Mortgage Coupons to Lower Costs and Risks
Digitizing traditional paper coupons are one easy way for IMBs to increase efficiency, boost customer satisfaction and decrease the risk of payment delinquency, all while jumpstarting the move to low-risk, low-cost digitally automated processes.