People in the News Dec. 22, 2020

The Mortgage Bankers Association hired mortgage industry veteran Charmaine Brown to fill its newly created position of Director of Diversity and Inclusion. Brown, who will start on Jan. 4, will be responsible for developing, promoting and advancing diversity and inclusion programs for the real estate finance industry.

MBA Spring Conference & Expo Apr. 20-22

The Mortgage Bankers Association announced it combined all of its signature spring conferences into a single Spring Conference & Expo, taking place via MBA LIVE from Apr. 20-22.

Chetan Patel of Verity Global Solutions on Managing Costs in a Transitioning Market

Chetan Patel is COO of Verity Global Solutions, San Antonio, Texas, a provider of highly crafted services spanning the mortgage loan lifecycle. He has more than 25 years of leadership experience in the mortgage industry and has been recognized as an IT All-Star by Mortgage Banking magazine.

MBA Chart of the Week: CMBS Annual Issuance Volume

One way to gauge potential commercial mortgage-backed securities issuance volume is by looking at the spreads investors are willing to pay for bonds. Based on current new-issue spreads, 2021 could line-up to be a strong year.

FHFA: GSEs Complete 539,000 3Q Foreclosure Prevention Actions

The Federal Housing Finance Agency released its third quarter 2020 Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 539,451 foreclosure prevention actions in quarter, bringing to 5.2 million the number of troubled homeowners who have been helped during conservatorships.

MBA Hires Charmaine Brown As New Director of Diversity and Inclusion

The Mortgage Bankers Association hired mortgage industry veteran Charmaine Brown to fill its newly created position of Director of Diversity and Inclusion. Brown, who will start on Jan. 4, will be responsible for developing, promoting and advancing diversity and inclusion programs for the real estate finance industry.