Brian D. Pannell, Chief eServices Executive with DocMagic, Torrance, Calif., examines key changes the mortgage industry has seen over the past year.
Category: News and Trends
Call for Nominations: MBA NewsLink 2021 Tech All-Star Awards; Deadline Jan. 29
The Mortgage Bankers Association is accepting nominations for the MBA NewsLink 2020 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 29.
Clint Salisbury: Great Adaptations–How Mortgage Lenders Conducted Essential Work in 2020
There was more to 2020 for lenders than profit. What was actually going on was a new model being put to the test.
Two Events Under One Roof: CREF21 and CMST Feb. 3-4
This year MBA will hold its Commercial Real Estate Finance/Multifamily Convention & Expo and Commercial/Multifamily Servicing and Technology Conference together in one virtual event on February 3-4.
Dealmaker: Haven Realty Capital Acquires 60-Home Single-Family Rental Community for $19M
Haven Realty Capital, El Segundo, Calif., acquired 60-home dedicated rental community Ashwood Place in Naperville, Ill., for $18.5 million.
Two Events Under One Roof: CREF21 and CMST Feb. 3-4
This year MBA will hold its Commercial Real Estate Finance/Multifamily Convention & Expo and Commercial/Multifamily Servicing and Technology Conference together in one virtual event on February 3-4.
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“The week of January 10 saw the largest – and only the second – decrease in the share of loans in forbearance in nine weeks, with declines across almost every tracked loan category. The rate of exits from forbearance has picked up a bit over the past two weeks but remains much lower than what was seen in October and early November.”
–Mike Fratantoni, MBA Senior Vice President and Chief Economist.
MISMO Statement on FHA Catalyst Single-Family Origination Module
Seth Appleton, President of MISMO, issued the following statement in support of the newly announced FHA Catalyst Single-Family Origination Module:
MISMO Seeks Participants for Two New Workgroups on RON Standards, OpenAPI Specifications
MISMO, the industry standards organization, seeks participants for two new workgroups.
CFPB Issues Final Rules Clarifying Role of Supervisory Guidance, Escrow Accounts
In final actions of the Trump Administration, the Consumer Financial Protection Bureau yesterday issued two final rules. The first confirms the Bureau’s use of supervisory guidance for its supervised institutions; the second exempts certain financial institutions from establishing escrow accounts for higher-priced mortgage loans.