MBA is proud to recognize its Premier and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
Category: News and Trends
Nick Volpe: Managing Effects of Changing Regulations on Mortgage Servicing Operations
As loan servicers continue to battle operational challenges and brace themselves for continuously high volume, there are strategies they should consider to better navigate the changing landscape.
Berkadia Finds Multifamily Optimism Despite Ongoing Economic Uncertainty
The multifamily sector is performing better than anticipated during the pandemic, increasing optimism for the future among mortgage bankers and investment sales advisors, reported Berkadia, New York.
MBA Awards $165,000 in Path to Diversity Scholarships
The Mortgage Bankers Association awarded more than $165,000 in scholarships to 192 women and minorities through its Path to Diversity (P2D) Scholarship Program during fiscal year 2020.
Tom Pearce of MAXEX on ESG Lending and Investment
Tom Pearce is a co-founder of MAXEX, Atlanta, and serves as its CEO and Chairman of the Board. He brings more than 30 years of expertise within the community banking and insurance arenas as well as expertise within the mortgage finance, credit and asset management arenas.
Unemployment Claims Show Little Progress
Initial claims for unemployment insurance fell last week, the Labor Department reported, but an upward revision to the previous week’s results negated any progress toward a normalizing economy.
MBA: 4th Quarter Delinquencies See Decline from 3Q, Up from Year Ago; Foreclosure Inventory at Near 40-Year Low
The Mortgage Bankers Association’s 4th Quarter National Delinquency Survey reported the delinquency rate for mortgage loans fell by 92 basis points from the third quarter to 6.73 percent, seasonally adjusted. From a year ago, however, mortgage delinquencies increased across the board.
MBA: 4th Quarter Delinquencies See Decline from 3Q, Up from Year Ago; Foreclosure Inventory at Near 40-Year Low
The Mortgage Bankers Association’s 4th Quarter National Delinquency Survey reported the delinquency rate for mortgage loans fell by 92 basis points from the third quarter to 6.73 percent, seasonally adjusted. From a year ago, however, mortgage delinquencies increased across the board.
Quote
“For the second consecutive quarter, homeowners’ ability to make their mortgage payments improved…mortgage forbearance, foreclosure moratoriums, enhanced unemployment benefits and stimulus payments have helped distressed homeowners remain in their homes.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
Non-QM on the Upswing: A Conversation with Dane Smith, President of Verus Mortgage Capital
MBA NewsLink talked with Dane Smith, President of Verus Mortgage Capital, Washington D.C., about why the firm has chosen to work with correspondent lenders to build its portfolio of Non-Qualified Mortgage assets.