The shift to digital-first technology has accelerated greatly. Once far on the horizon, digital adoption is no longer an option. Lenders must embrace digital solutions and explore augmented technology to meet consumers where they are and on their own time.
Category: News and Trends
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.
MAA Accepting Nominations for Steering Committee; Deadline Nov. 25
The MBA Mortgage Action Alliance is accepting nominations for three at-large seats on the 2021-2022 MAA Steering Committee in accordance with the MAA bylaws.
MBA State of the Association Dec. 2
The Mortgage Bankers Association’s annual State of the Association takes place Wednesday, Dec. 2 from 3:00-4:00 p.m. ET. Join MBA President and Chief Executive Officer, Robert D. Broeksmit, CMB, as …
David Snitkof: 3 Ways to Use Technology to Reduce Bias in Mortgage Underwriting
Lenders can reduce the impact of human bias on credit decisioning by building standardized, repeatable and observable processes facilitated by machines. While there’s still value in human interactions, machines are better at ensuring fairness and auditability. You can’t see inside a human mortgage underwriter’s brain, but a computer’s memory leaves a clear trail, making bias easier to measure and safeguard against.
Industrial, Apartment Prices Rise as Retail, Office Continue Fall
Price gains in the high-flying apartment and industrial sectors offset declining retail and office property prices in October, reported Real Capital Analytics.
Housing Roundup Nov. 23, 2020
Here’s a quick hit on several recent housing and real estate finance reports.
MBA Chart of the Week: Seriously Delinquent Rate by States for Q3 2020
MBA released its National Delinquency Survey results for the third quarter last week. This week’s chart highlights the seriously delinquent rate – the percentage of loans that are 90 days or more delinquent or in the process of foreclosure – in every state across the country.
Dealmaker: JLL Secures $114M for Office, Industrial
JLL Capital Markets, Chicago, secured $114.3 million in financing for office and industrial assets in six markets.
The Week Ahead—Nov. 23, 2020
Good morning and happy Monday! Congratulations—you’ve almost made it to Thanksgiving—which, considering how this year has gone, is worth giving thanks indeed.