MBA is pleased to announce that Federal Housing Finance Agency Director Mark Calabria and Consumer Financial Protection Bureau Director Kathy Kraninger will take the virtual stage at MBA Annual20. Calabria will deliver his remarks live on Monday, October 19 at 2:30 p.m. ET. On Tuesday, October 20 at 1:00 p.m. ET, hear a live interview with Kraninger, moderated by MBA 2021 Chairman Susan Stewart.
Category: News and Trends
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“After the initial stress of April and May, commercial and multifamily mortgage performance has stabilized, and in many cases, has begun to slowly improve. Lodging and retail properties felt the onset of the recession most immediately and dramatically, and that continues to show in the numbers. Delinquency rates remain more muted among other property types and overall, the inflow of newly delinquent loans has slowed to one-fourth the rate seen in April.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
People in the News Oct. 1, 2020
JLL Capital Markets announced Rachael Lewis as a Director in its Los Angeles office, where she will be part of the debt and equity placement team led by Senior Managing Director Bill Fishel.
Despite Record-Low Interest Rates, Mortgage Applications Down in MBA Weekly Survey
Mortgage applications fell by nearly 5 percent for the week ending Sept. 25 from one week earlier despite the lowest 30-year fixed rate in the history of the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
MISMO Approves Taxpayer Consent Language as New Standard
MISMO®, the mortgage industry standards organization, today announced that its successful Taxpayer Consent Language is approved as a new standard.
Joe Ludlow of Advantage Systems on the Science of Financial Data
Joe Ludlow is Vice President for Irvine, Calif.-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.
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.
Sponsored Content from Monster Lead Group: Creating a Sustainable Mortgage Sales Model
Expert advice on maximizing current capacity, a winning market strategy, preparing your team for post-2020 success, and more.
Joe Ludlow of Advantage Systems on the Science of Financial Data
Joe Ludlow is Vice President for Irvine, Calif.-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.
September Consumer Confidence Rebounds from 6-Year Low
The Conference Board, New York, said its September Consumer Confidence Index posted its strongest one-month increase in 17 years, after falling in July and August to a six-year low.