As the CARES Act has been welcome relief to borrowers, many servicers are finding their own relief in strategic partnerships.
Category: News and Trends

Bruno Pasceri: The Transformation Ahead
MBA NewsLink interviewed Bruno Pasceri, President of Incenter LLC and a mortgage industry leader for more than 30 years, about the mortgage banking market and how to navigate future changes.

MBA Mortgage Action Alliance Steering Committee Elections Open through COB Today
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, is holding elections for three at-large seats on its 2021-2022 MAA Steering Committee. The active voting period will be open until Wednesday, Dec. 9 at 5:00 p.m. ET.

People in the News Dec. 9, 2020
The Mortgage Bankers Association announced Borden Hoskins joined the association as Associate Vice President of Legislative Affairs. He will be responsible for advocating MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Republican members of the House of Representatives.

Mortgage Credit Availability at 4-Month High
Mortgage credit availability increased in November to its highest level since July, the Mortgage Bankers Association reported this morning.

Suburban Rental Growth Outpacing Urban
RCLCO, Bethesda, Md., noted rental housing occupancy and rents have grown stronger in suburban markets than in urban areas recently.

Dealmaker: Brokers $115M in Multifamily Sales
Transwestern Commercial Services, Houston, brokered three multifamily property sales totaling $115.2 million.

mPact 2020 Campaign Benefiting MBA Opens Doors Foundation
Participate in a virtual mPact event in December to benefit the MBA Opens Doors Foundation and help us keep families with critically ill or injured children in their homes. Join us and make a difference for a family in need.

Borden Hoskins Joins MBA as AVP of Legislative Affairs
The Mortgage Bankers Association announced Borden Hoskins joined the association as Associate Vice President of Legislative Affairs. He will be responsible for advocating MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Republican members of the House of Representatives.

Longtime Industry Executive, Advisor Gene Spencer Passes Away
Gene Spencer, who spent 28 years at Fannie Mae and 10 years with the Homeownership Preservation Foundation and who served in a number of advisory capacities with the Mortgage Bankers Association and other industry organizations, passed away on Nov. 30 in Gloucester Point, Va.