The commercial mortgage-backed securities delinquency rate fell again in August after posting a big decline July.
Category: News and Trends
Unemployment Claims Fall Back Under 1 Million—With an Asterisk
Initial claims for unemployment fell under one million last week for just the second time since March, but the change largely reflected a change in methodology by the Labor Department and remain elevated by historical standards.
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.
Dealmaker: Capital One Provides $27M for Denver-Area Affordable Housing
Capital One, McLean, Va., provided a $27.4 million Fannie Mae fixed-rate loan for The View at North Peak, a 288-unit affordable community in Denver suburb Northglenn, Colo.
Quote
“Our members are hungry for information and have felt the urgent need to play an active role in the political process through MAA because of legislation and regulations affecting the way that they do business and the way that they serve their customers are having an immediate impact right now.”
–Jeff Taylor, Chairman of the MBA Mortgage Action Alliance.
Industry Briefs Sept. 4, 2020
CoreLogic, Irvine, Calif., issued a new data analysis estimating insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas at between $8 billion and $12 billion, with insured storm surge losses estimated to contribute less than $0.5 billion to this total.
MBA Education Path to Diversity Scholar Profile: Gabrielle Beck
(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.)
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.
Sponsored Content from Pavaso: Data Privacy and Working with eClosing Service Providers
Overlooking this factor when choosing an eClosing technology service provider could cost you.
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.