U.S. Mortgage Insurers, an association representing private mortgage insurance companies, said its annual state-by-state report on low down payment mortgage lending found saving for a 20 percent down payment could take potential homebuyers 21 years — three times the length of time it could take to save a 5 percent down payment.
Category: News and Trends
Qualia Survey Reports ‘Positive Outlook’ for Real Estate with Shift Toward Digital
Qualia, San Francisco, said a new survey reports a shift in perception on the permanence of remote work and a nearly 40% surge in remote online notarization usage from April to May.
ATTOM: Home Affordability Increases in 2Q
ATTOM Data Solutions, Irvine, Calif, said its second-quarter U.S. Home Affordability Report showed median home prices of single-family homes and condos became more affordable than historical averages in 49 percent of U.S. counties, up from 31 percent a year ago.
Arend de Jong: Got RODA? Turn Your Customers into an Income-Generating Asset
For years, you took great care to build your list. Clients, and also prospects that didn’t quite become clients yet, but whom you fully intend to make into a client one day. You actually spent quite a bit of money getting the list together. To keep your prized possession whole, you spend quite a bit of time maintaining it. But… have you cracked the code on how to make this pay off for you? Sure: you love returning clients, but are you capitalizing on your list structurally?
Dealmaker: Grandbridge Real Estate Capital Closes $22M in Multifamily Loans
Grandbridge Real Estate Capital, Charlotte, N.C., secured $22.4 million for multifamily assets in Texas and Minnesota.
MBA Recognizes Premier, Select Members
MBA is proud to recognize its Premier and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
Lori Brewer: The Road to Recovery Will be Paved with Data
In a time when everything spells uncertainty, data gives lenders something to hold on to — and a path forward. What performance metrics are most critical for lenders to keep an eye on right now to help their businesses survive the recession and what’s likely to be a protracted recovery?
MBA Education Path to Diversity Scholar Profile: Saket Nigam
(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.)
MBA Data Systems Updates to Take Place June 25-29
Beginning Thursday, June 25, the Mortgage Bankers Association will begin replacing its Association Management System, which will result in some disruptions for MBA members.
COMBOG Nominating Committee Seeks Board Member Recommendations by July 17
The Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) nominating committee is soliciting MBA members’ recommendations for individuals to serve on the Board beginning in October.