NEW YORK–“In any market system where you have some lack of clarity, there’s a price to that,” said Scott Ulm, CEO and Vice Chairman of ARMOUR Residential Reit Inc. “Undoubtedly, the more ambiguity you put into it, the higher the price gets.”
Category: News and Trends
A Tribute to Bob O’Toole
Robert M. O’Toole, longtime senior vice president of residential finance for the Mortgage Bankers Association, passed away earlier this month.
Industry Briefs, May 23, 2025
Industry news from Freddie Mac, Cloudvirga, Informative Research, Halcyon, BOK Financial, ServiceLink, Argyle and ICE Mortgage Technology.
Why a Frictionless Mobile Mortgage Experience Doesn’t Require an App (Sponsored by Cloudvirga)
Cloudvirga’s Maria Moskver explains why mobile first web portals outperform costly native apps on cost, adoption and borrower satisfaction.
The Financial Impact of Servicing
HOLLYWOOD, FLA.–Servicers face increasing market and regulatory challenges, but there are ways to optimize outcomes in today’s evolving landscape, panelists said here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
Ginnie Mae’s Joseph Gormley Outlines Priorities: Stability, Adaptability, Efficiency
NEW YORK–New Ginnie Mae Executive Vice President and Chief Operating Officer Joseph Gormley described his goals in a conversation with MBA Senior Vice President Pete Mills during a session at MBA’s Secondary and Capital Markets Conference.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Quote of the Day
“I’ve organized my priorities around three key themes: stability, adaptability and efficiency.”
–Ginnie Mae Executive Vice President and Chief Operating Officer Joseph Gormley
Greystone Receives MBA’s Commercial/Multifamily Educator of the Year Award
HOLLYWOOD, FLA.–Greystone, New York, received MBA’s Commercial/Multifamily Educator of the Year Award at MBA’s Commercial/Multifamily Finance Servicing and Technology conference.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 16, 2025.