MBA President and CEO Bob Broeksmit, CMB, issued the following statement regarding the violence that occurred yesterday at the U.S. Capitol:
Category: News and Trends
NAMMBA Acquires Cultural Outreach
The National Association of Minority Mortgage Bankers of America, through its consulting practice, NAMMBA Consulting, acquired Cultural Outreach Solutions to formally join forces to better support lenders in reaching young and diverse borrowers.
David Olson and Kimberly Browne of Chrysalis Holdings LLC on Mortgage Capital Markets
MBA NewsLink posed questions to David Olson, Chairman of Chrysalis Holdings LLC, Washington, D.C., and Kimberly Browne, the company’s President.
ADP: November Employment Up 307,000
Ahead of this Friday’s employment report from the Bureau of Labor Statistics and this morning’s Labor Department report on initial claims, ADP, Roseland, N.J., said private-sector employment increased by 307,000 jobs from October to November.
ATTOM: Owning Home More Affordable than Renting in 2/3 of U.S. Markets
ATTOM Data Solutions, Irvine, Calif., said owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 63 percent of U.S. counties.
DealMaker: JLL Arranges $168M for Multifamily, Industrial
JLL Capital Markets, Dallas, arranged $167.6 million for multifamily housing in South Carolina and Minnesota and industrial properties in Pennsylvania and Wisconsin.
Quote
“MBA condemns the vicious, lawless mob that descended on the U.S. Capitol today and wreaked havoc on our democratic process. Their actions were abhorrent and not representative of the ideals and character of America. The United States’ democracy is the model for the world; those who deliberately undermine or disrespect it, or who fail to protect it, should be ashamed. ”
–MBA President & CEO Robert Broeksmit, CMB.
MBA: Share of Mortgage Loans in 2-Month Holding Pattern
The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season–and in fact, has shown little change over the past two months.
MBA Voices: Courageous Conversations with Women of Color Series Begins Jan. 12
The Mortgage Bankers Association introduces a new three-part virtual series, Voices: Courageous Conversations with Women of Color, beginning Tuesday, Jan. 12.
Mortgage Applications Drop over Holidays
Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.