Inlanta Mortgage, Pewaukee, Wis., announced it launched the OptifiNow CRM and automated marketing platform to improve its branch development and recruiting efforts.
Category: News and Trends
MBA Capital & Origination Council: ‘Where Politics and Policy Meet the CRE Industry’
MBA hosted a joint Origination Council and Capital Council call on August 4 highlighting pertinent issues and challenges facing the commercial real estate finance marketplace. Grandbridge Real Estate Capital Chairman of the Board and Chief Executive Officer Matt Rocco chairs the Origination Council and led the call.
Dealmaker: NorthMarq Completes $59M in Texas Office Refis
NorthMarq, Minneapolis, secured $59.2 million to refinance two Texas office properties.
ATTOM: Foreclosure Filings Continue Downward Trend Amid Pandemic
Next week, the Mortgage Bankers Association releases its 2nd Quarter National Delinquency Survey. This week, ATTOM Data Solutions, Irvine, Calif., said foreclosure moratoria stemming from the coronavirus pandemic kept new foreclosure filings low—but warned they could increase dramatically once those moratoria expire.
Housing Market Roundup Aug. 13, 2020
Here’s a quick-hit summary of housing market headlines this week, featuring reports from Redfin; Bankrate.com; Black Knight; and Fitch Ratings.
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“Tonight’s announcement by the GSEs flies in the face of the Administration’s recent executive actions urging federal agencies to take all measures within their authorities to support struggling homeowners. Requiring Fannie Mae and Freddie Mac to charge a 0.5% fee on refinance mortgages they purchase will raise interest rates on families trying to make ends meet in these challenging times. This means the average consumer will be paying $1,400 more than they otherwise would have paid.”
–MBA President & CEO Robert Broeksmit, CMB, on yesterday’s surprise announcement by Fannie Mae and Freddie Mac to impose a 50 basis point on new refinance mortgages, effective Sept. 1.
Record Low Rates Drive Mortgage Applications Increase in MBA Weekly Survey
Mortgage applications rose for the fourth time in five weeks as key interest rates once again fell to record lows, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending August 7.
Brian Lynch: With Low Rates, Increasing Loan Volumes, Mortgage Companies Need More Access to Financial Reporting and Management Tools
As companies loan volumes continue to rise, so does the need for in-depth financial management and reporting tools that can help mortgage companies track and manage the month-over-month changes.
Call For Proposals: MBA Live Accounting and Financial Management; Deadline TODAY
The MBA Accounting & Financial Management Conference will be held virtually, December 9 – 10. Speaking proposals are being accepted until Thursday, August 13.
MBA Education Path to Diversity Scholar Profile: Jeannie Sosebee, AMP
(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.)