Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed two loans totaling $17.4 million for affordable multifamily housing communities in Newnan and Thomaston, Ga.
Category: News and Trends
CoreLogic: Catastrophes Illustrate Impact of Climate Change on Housing
When you include the word “catastrophe” in the headline of a report, it tends to get attention. And CoreLogic, Irvine, Calif., says “catastrophe” plays an ominous role in the present and future housing environments.
MBA Sends Letter Supporting Marcia Fudge as HUD Secretary
Rep. Marcia Fudge, D-Ohio, appears before the Senate Banking Committee this morning for her confirmation hearing as HUD Secretary under the Biden Administration. Ahead of the hearing, the Mortgage Bankers Association sent a letter to the committee in support of her nomination.
Quote
“Throughout her career of over three decades in public service, Congresswoman Fudge has demonstrated the expertise to address the complex set of housing challenges our country faces. As a former Chair of the Congressional Black Caucus, she knows how to build coalitions to advance the shared goals of economic inclusion and boosting minority homeownership.”
–MBA President & CEO Robert Broeksmit, CMB, in a letter to Senate Banking Committee leadership in support of Marcia Fudge’s nomination as HUD Secretary.
Mortgage Applications Down Again in MBA Weekly Survey
Mortgage applications fell for the second straight week as the 30-year fixed rate crept up, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 22.
Stacey Berger of Midland Loan Services on Servicing Technology
MBA NewsLink recently interviewed Stacey M. Berger, Executive Vice President of Midland Loan Services, Overland Park, Kan.
Call for Nominations: MBA NewsLink 2021 Tech All-Star Awards; Deadline Extended to Feb. 5
The Mortgage Bankers Association is accepting nominations for the MBA NewsLink 2020 Tech All-Star Awards. Nominations will be accepted through Friday, Feb. 5
Mark P. Dangelo: Establishing a Foundation for AI Growth and Profitability
The coming AI innovation disruptions do not represent more of the same. A model of maturity must be used to manage the definition, development, and implementation of all AI solutions as they form a cascading series of solutions, which must leverage humans—not just replace them.
People in the News Jan. 28, 2021
Greystone, New York, hired Pranika Uppal Sinha as its Diversity, Equity and Inclusion Managing Director.
MBA Voices: Courageous Conversations with Women of Color Continues Feb. 2 with ‘Together We Rise’
The Mortgage Bankers Association’s popular three-part virtual series, Voices: Courageous Conversations with Women of Color, concludes on Tuesday, Feb. 2 with “Together We Rise.”