Gantry, San Francisco, secured $131.4 million for multifamily and senior living assets in three states.
Category: News and Trends
‘Not Ok? That’s Ok:’ Financial Services, Consumer Coalition Launches Borrower Awareness Campaign
The Mortgage Bankers Association and a broad coalition of financial services stakeholders – including mortgage servicers, trade associations, housing counseling agencies, governmental agencies and think tanks – launched a consumer awareness campaign to reach borrowers who have missed one or more mortgage payments as a result of the COVID-19 pandemic and may be eligible for forbearance assistance under the CARES Act or other forms of mortgage payment relief.
MBA: Mortgage Delinquencies Decrease in 3Q
Mortgage delinquency and foreclosure rates fell in the third quarter, the Mortgage Bankers Association reported Tuesday in its quarterly National Delinquency Survey.
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“With forbearance plans still active and foreclosure moratoriums in place until at least the end of the year, many borrowers experiencing longer-term distress will remain in this delinquency category until a loss mitigation resolution is available.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.
MBA: Mortgage Delinquencies Decrease in 3Q
Mortgage delinquency and foreclosure rates fell in the third quarter, the Mortgage Bankers Association reported today in its quarterly National Delinquency Survey.
MISMO Appoints Seth Appleton as President
MISMO® announced today it appointed Seth Appleton as its new president. Appleton currently serves as Assistant Secretary of Policy Development and Research with HUD and as Principal Executive Vice President of Ginnie Mae.
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“The goal of this campaign is simple: Make sure borrowers facing COVID-19-related financial hardships know that help is available, but that they have to call – call their servicer, call a HUD-approved housing counselor, but please call.”
–MBA President & CEO Bob Broeksmit, CMB, announcing launch of the ‘Not Ok? That’s Ok’ Borrower Awareness Campaign.
Broeksmit: ‘MBA Was Made for Times of Crisis’
In remarks this week during the Mortgage Bankers Association’s virtual Regulatory Compliance Conference, MBA President & CEO Robert Broeksmit, CMB, said the extraordinary events of 2020 have tested everyone’s mettle—including that of MBA.
Sponsored Content from Nationwide Title Clearing: Making a Sale or Partnering?
Selling and delivering as a business partner in today’s market, with Nationwide Title Clearing VP of Sales & Marketing, Danny Byrnes.
Trevor Gauthier of ACES Quality Management on Early Payment Defaults
Trevor Gauthier is CEO of ACES Quality Management, formerly known as ACES Risk Management (ARMCO). He has more than 20 years of executive experience in leading growth initiatives for tech organizations and building teams both organically and through acquisition.