“MBA has long been a proponent of adequate funding for staffing, project management and potential improvements that would allow the agency to better manage its operations and the risks associated with its Mutual Mortgage Insurance Fund.”
–MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, in an MBA letter to House appropriators in support of the Fiscal 2021 T-HUD appropriations bill.
Mortgage applications increased for the second straight week as the 30-year fixed rate fell to yet another record low, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending July 10.
Meridian Capital Group, New York, arranged $51.3 million in acquisition financing for The Harbor, a multifamily property in Coral Springs, Fla.
Craig Riddell is Executive Vice President and Chief Business Officer with LoanLogics, Trevose, Pa. He is responsible for establishing and developing ongoing relationships with LoanLogics’ largest enterprise clientele, as well as leading the company’s Sales, Marketing and Account Management functions.
In a world of uncertainty, bankers, lenders and technology firms had grown accustom to traditional measures and approaches honed over decades of lessons learned. Today, the playbooks are gone, and we need to accept that consumers will not wait for us as we say the right things—but execute against a script that has been retired.
The home building market continued to show signs of sharp recovery from the coronavirus economy, the Mortgage Bankers Association reported this morning, with June mortgage applications for new home purchases increasing by 54.1 percent from a year ago and by 20 percent from May.
Wells Fargo & Co., Des Moines, Iowa, announced Kristy Fercho will join the company at the beginning of August as head of Wells Fargo Home Lending. She will replace Michael DeVito, who has announced plans to retire later this summer after more than 23 years with Wells Fargo.
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we highlight three very unique tech vendors that help in attracting and retaining borrowers, while improving your customer care model via a variety of newer entrants in our service provider market.
(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.)
The home building market continued to show signs of sharp recovery from the coronavirus economy, the Mortgage Bankers Association reported this morning, with June mortgage applications for new home purchases increasing by 54.1 percent from a year ago and by 20 percent from May.
