Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $30.5 million in interim first mortgage financing for Little Palm Island Resort & Spa, a 30-suite full-service resort in Little Torch Key, Fla.
Category: News and Trends
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“The Treasury Department will need to continue its critical economic recovery efforts under her leadership, including several remaining issues that will have a significant impact on our nation’s real estate finance market. I urge the Senate Finance Committee to approve her nomination as quickly as possible.”
–MBA President & CEO Robert Broeksmit, CMB, in a letter of support for Treasury Secretary nominee Janet Yellen.
FHFA Amends GSE Stock Purchase Agreements; Leaves Decision on Conservatorship to Biden Administration
Fannie Mae and Freddie Mac will not exit federal conservatorship under the Trump Administration; the Federal Housing Finance Agency will leave that decision to the Biden Administration, FHFA said late yesterday.
Industry Briefs Jan. 18, 2021
The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will extend several loan origination flexibilities until February 28. The changes are to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on January 31.
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.
Larry Silver of Superus Careers on Underwriters Career Strategies
Larry Silver is CEO of Superus Careers, Fulton, Md., is a results-focused mortgage consulting firm with more than 20 years’ experience in high-growth mortgage operations.
Michael Steer: A New Year, A New Regulatory Attitude?
Should the pandemic regulatory attitude be forgot and never brought to mind? Not exactly. However, lenders can adapt the current pandemic regulatory attitude into one that pays equal mind to both the pandemic and the importance of compliance.
MBA Education’s David Upbin on How MBA Education Can Help Lenders and Servicers in 2021
David Upbin is Vice President of Education Operations and Programming & MBA Strategy with the Mortgage Bankers Association. He joined MBA in 2013 and is responsible for financial management, operations, delivery and programming of MBA Education’s suite of training products and events.
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.
MBA Voices: Courageous Conversations with Women of Color Continues Jan. 19 with ‘Can We Talk’
The Mortgage Bankers Association’s popular three-part virtual series, Voices: Courageous Conversations with Women of Color, continues Tuesday, Jan. 19 with “Can We Talk.”