The financial services industry as a whole continues to evolve at a rapid pace, driven by customer expectations, advancements in technology, and heightened competition from incumbents and new entrants. Lenders that seize this opportunity will not only survive, but ultimately thrive well into the future. In contrast, lenders content on simply surviving, taking more of a “wait-and-see” approach, may quickly become irrelevant.
Category: News and Trends
#MBASpring21: FHFA Director Calabria on Origination Flexibilities, Lessons Learned
A lot has happened in the past two years, Federal Housing Finance Agency Director Mark Calabria said yesterday at the Mortgage Bankers Association’s Spring Conference & Expo.
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.
#MBASpring21: FHFA Director Calabria on Origination Flexibilities, Lessons Learned
A lot has happened in the past two years, Federal Housing Finance Agency Director Mark Calabria said yesterday at the Mortgage Bankers Association’s Spring Conference & Expo.
MBA Honors 2021 Tech All-Stars
The Mortgage Bankers Association and MBA NewsLink honored five industry innovators with its 2021 Tech All-Stars awards this morning during the MBA Spring Conference & Expo.
MBA Seeks Nominations to Serve on COMBOG by April 30
The Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Nominating Committee seeks members’ recommendations for individuals to serve on the Board beginning this October in the Investor, Lender, Mortgage Banker and Servicer categories.
MBA Letter Outlines Support, Concerns for Housing-Related Bills
Ahead of a House Financial Services Committee markup session Tuesday, the Mortgage Bankers Association sent a letter expressing support–and concern–for several bills under the Committee’s consideration.
#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.
#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.
Dealmaker: Phillips Realty Capital Structures $72M Refinance for Chicago Data Centers
Phillips Realty Capital, Bethesda, Md., structured $71.5 million for Element Critical and Safanad Inc.to refinance their Chicago data center portfolio.