You might say Ike Suri is feeling the love these days. The quality of his vision in the past four years has transformed how many of us work. Plus, it’s hard to ignore the head of a company that has reviewed more than $1 trillion (that’s trillion with a “t”) in closing value.
Category: News and Trends
Sponsored Content from CreditXpert: Incubate, not Originate!
Matt Hydrew of CreditXpert shares the lending success formula to keep applicants credit- and loan-ready.
MBA Weekly Applications Survey Apr. 28, 2021: Refi Pool Continues to Shrink
Mortgage applications fell from one week earlier amid a volatile spring home buying season, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending April 23.
CFPB Formally Delays QM Final Rule Compliance Date to Oct. 2022
The Consumer Financial Protection Bureau yesterday formally delayed the mandatory compliance date of its General Qualified Mortgage final rule to October 1, 2022.
CMBS Supply-Demand Fundamentals Dip
Moody’s Investors Service, New York, said the supply and demand outlook for most property types in the securitized commercial real estate market dipped in fourth-quarter 2020.
Consumer Confidence at 14-Month High
The Conference Board, New York, said its Consumer Confidence Index rose sharply again in April, following a substantial gain in March, to its highest level since February 2020.
Home Price Gains at Historic Highs
Home price appreciation continued to accelerate at a double-digit percentage pace, with gains at historical levels, according to the S&P CoreLogic Case-Shiller Indices.
Dealmaker: Bascom Group Acquires Arizona Apartments for $11.6M
The Bascom Group LLC, Irvine, Calif., acquired Sierra Charles Apartments in metro Tucson, Ariz. for $11.6 million, or $59,164 per unit.
Zillow: New Listings ‘Surge’ Could Relieve Frustrated Shoppers
The inventory crunch bedeviling home searchers could start to turn around as record appreciation of home values entices more owners to sell, reported Zillow, Seattle.
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.