(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
Category: News and Trends
Quote
“The fate of the labor market will determine the pace of economic recovery. One thing this month’s job report made clear is that permanent economic damage continued to increase, as the number of permanent job losses increased from 1.5 million in March to 3.4 million in August. Companies are starting to make more permanent staffing changes as the pandemic lingers. The increase in permanent job losses points to longer-term unemployment and prolonged economic recovery.”
–Odeta Kushi, Deputy Chief Economist with First American Financial Corp., Santa Ana, Calif.
Former Ambassador Andrew Young Keynotes MBA Annual20
Former U.N. Ambassador to the United Nations Andrew Young keynotes an important General Session at MBA Annual20, which runs online Oct. 19-21.
In a Most Unusual Year, MBA Mortgage Action Alliance Shines
The Mortgage Action Alliance–MBA’s grassroots advocacy arm—has enjoyed unprecedented success and influence at a key time for the industry.
Carrie Chandler: Connecting with Borrowers, Prospects and Employees Through Video
In a world where digital marketing reigns supreme as a critical medium to communicate products and services while building and maintaining relationships, marketers are looking to successful influencers to help inform their own strategies, increase interest, and grow their social following by incorporating video into their initiatives. However, many companies struggle with understanding how and where to start when it comes to incorporating video into their marketing or sales strategies.
Debora Aydelotte: Mortgage Professionals Need to Prepare for COVID’s Impact into 2021
With the onset of the COVID-19 pandemic in the U.S. in early March, the better portion of 2020 has been devoted to adjusting to the “new normal.” Although expectations are high that a vaccine will be readily available by the year’s end, the situation is complex and defies a neat solution. Therefore, as leaders we need to think about how to prepare for what 2021 might hold.
John Seroka: 6 Marketing Best Practices to Ensure Continued Business Growth During and Post-Pandemic
During COVID, you must ensure you are communicating clearly about your business and any changes that may be taking place in terms of how you are operating and the resulting impacts on applicants and borrowers.
Low Rates Offer More Affordability, But Higher Prices Cancel Out
Historically low rates are increasing home buyers’ purchasing power, but low inventories and rising home prices are effectively canceling out that purchase power, said Redfin, Seattle.
For Houses, More Bedrooms; Apartments, Less Space
In this pandemic-induced new normal, size matters if you’re a homeowner: average size of new single-family homes are bigger today than they were 10 years ago while apartment sizes appear to be shrinking, according to a new report from StorageCafe.
In a Most Unusual Year, MBA Mortgage Action Alliance Shines
The Mortgage Action Alliance–MBA’s grassroots advocacy arm—has enjoyed unprecedented success and influence at a key time for the industry.