More than eight in 10 Americans consider homeownership to be part of the American Dream, up from 78% last year and 74% in 2023, according to Bankrate, New York.
Category: News and Trends
People in the News, April 18, 2025
Industry personnel news from First American, Panorama Mortgage Group, Class Valuation, Truework, Westcor, Click n’ Close, Longbridge Financial, Citywide Home Mortgage and CMG Home Loans.
Judith Ricks Joins MBA as Associate Vice President, Commercial Real Estate Research
MBA announced that Judith Ricks has joined the association as Associate Vice President, Commercial Real Estate Research. In this role, Ricks will develop and oversee MBA’s extensive research and analysis that covers commercial real estate finance markets.
MISMO Spring Summit: June 9-12 in Boston
MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards. Your participation helps make the digital future possible.
Dealmaker: Berkadia Secures $32M for Salt Lake City Apartments
Berkadia, Ambler, Pa., secured a $31.5 million bridge loan for sponsor Midtown Capital to complete The Astoria, a 149-unit apartment community in Salt Lake City, Utah.
Snapdocs: More Lenders Offer eClosing, but Adoption Lags
Snapdocs, San Francisco, released its 2025 State of eClose Adoption Report, finding that 90% of lenders now offer digital closing to their customers. That compares with 74% in 2023.
Fannie Mae HPES Predicts Home Price Growth Will Moderate
Fannie Mae, in partnership with Pulsenomics, Acton, Mass., released its Home Price Expectations Survey for the first quarter.
Builder Confidence Indicates Slow Start for Spring Housing Season
Growing economic uncertainty stemming from tariff concerns and elevated building material costs kept builder sentiment in negative territory in April, despite a modest bump in confidence likely due to a slight retreat in mortgage interest rates in recent weeks.
MBA Premier Member Editorial: How AI Can Help Turn Customer Experience into a Revenue Engine
What if AI could make the contact center a source of strategic growth? Sei AI Co-Founder & CEO Pranay Shetty looks into it.
Quote of the Day
“Forecasting is always challenging. In the last five years, that has been even more so given the extreme movements in markets and the economy during and after the pandemic.”
–MBA Chief Economist Mike Fratantoni on the latest Fannie Mae HPES report