It’s easy to make Matt Hansen happy. “I just love writing code,” the Founder and CEO of SimpleNexus and MBA NewsLink 2021 Tech All-Star, said. “If I wasn’t writing code at work, which I did for 14 years, I was writing code at home. Even after a decade of it, I just couldn’t get enough of it.”
Category: News and Trends
People in the News Apr. 22, 2021
Amerifirst Home Mortgage, Kalamazoo, Mich., appointed Thinh Nguyen to serve as its chief information officer, responsible for all aspects of the company’s IT department, including its strategy, execution and infrastructure.
MBA Seeks Nominations for Residential Board of Governors; Deadline Apr. 30
On behalf of Mortgage Bankers Association Residential Board of Governors (RESBOG) Chair John Hedlund and Vice Chair Al Blank, MBA seeks members’ recommendations for individuals/companies to serve on RESBOG in future terms. This is an important process to develop MBA’s leaders among the residential policy membership.
#MBASPRING21 Broeksmit: Industry Faces ‘Different Landscape’ in 2021
So, if 2020 was one of the strangest years on record, is 2021 the “hold my beer” year? Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, says the real estate finance industry is facing a “very different landscape” fraught with potential difficulties.
MBA Weekly Applications Survey Apr. 21, 2021: Borrowers Come Roaring Back
After five weeks of rising interest rates and tepid activity, mortgage applications roared back this week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 16.
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“We know there are comparative models that appraisers use when they compare a home to others in the neighborhood. If you are comparing a home with other homes that have been discriminated against, you’re essentially just recycling discrimination over and over again. So, there needs to be a fix for that.”
–Brookings Institution Senior Fellow Andre Perry.
#MBASPRING21 MBA Chair Susan Stewart: MBA, Industry Ready to ‘Move Forward’
In her keynote address Tuesday at the Mortgage Bankers Association’s Spring Conference & Expo, MBA Chair Susan Stewart tapped into the collective frustration and hope of the entire real estate finance industry—and the nation—with a simple sentence.
Brace for Impact: CRE Finance Implications as LIBOR Transition Approaches
The finance industry’s march towards transition away from LIBOR index continues as the third quarter approaches. For all the talk of upward revisions to economic growth projections, the market still awaits the first balance sheet commercial mortgage loan based on SOFR index.
Sponsored Content from Calyx: Non-QM–The Big Pause, the New Rules and What’s Ahead
LoanScorecard’s Managing Director, Raj Parekh, looks at the new rules and what’s in store for non-QM.
(The New Normal) Garth Graham: Shifting Teams at the Speed of a Pandemic
Between stay-at-home orders, historical levels of refinance activity and the big increase in forbearance requests, mortgage originators and servicers spent the past year continually creating and re-creating ways to get things done. Here’s some of the things we saw.