Mortgage application activity continued its strong start to 2020, driven by refinances to its highest level in six years as key interest rates plunged, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the week ending Jan. 31.
Category: News and Trends

Nicole Valentin-Smith of Fiserv on the Path to the Digital Mortgage
Nicole Valentin-Smith is Director of Client Management, Digital Lending and Origination with Fiserv Inc. (NASDAQ: FISV), Brookfield, Wis., a global provider of financial services technology platforms.

#MBAIMB20: ‘Speeches about Breaches’–Security Risks in the IMB Backyard
NEW ORLEANS—Data breaches aren’t going away. For independent mortgage banks and other financial institutions, the likelihood of being hacked is more likely “when,” not “if.”

#MBAIMB20: Managing Change in 2020
NEW ORLEANS—Independent mortgage bankers face a lot of challenges this year: market uncertainty, new entrants and housing policy changes. But industry leaders also see a wealth of opportunities.

#MBAIMB20: Mortgage Market Outlook for IMBs
NEW ORLEANS—Last year at the Mortgage Bankers Association’s Independent Mortgage Bankers Conference, the outlook for the economy and IMBs seemed a bit bleaker. “We thought we were going to be chased off the stage,” quipped MBA Vice President of Industry Analysis Marina Walsh.

CREF 2020: ‘Negotiating Your Life’ with Meg Myers Morgan
If you are attending MBA’s CREF 2020 convention Feb. 9-12, don’t miss the Tuesday, Feb. 11 mPower lunch featuring author, executive and leadership coach Meg Myers Morgan and MBA Chief Operating Officer and mPower founder Marcia Davies.

#MBAIMB20: ‘Speeches about Breaches’–Security Risks in the IMB Backyard
NEW ORLEANS—Data breaches aren’t going away. For independent mortgage banks and other financial institutions, the likelihood of being hacked is more likely “when,” not “if.”

#MBAIMB20: Mortgage Market Outlook for IMBs
NEW ORLEANS—Last year at the Mortgage Bankers Association’s Independent Mortgage Bankers Conference, the outlook for the economy and IMBs seemed a bit bleaker. “We thought we were going to be chased off the stage,” quipped MBA Vice President of Industry Analysis Marina Walsh.

The Pendulum Swings Back: Homeowners 4X Likely to be Equity-Rich than Seriously Underwater
In another sign of the times that the housing market—and homeowners—have largely recovered, ATTOM Data Solutions, Irvine, Calif., said equity-rich properties now outnumber seriously underwater properties by a four-to-one margin.

#MBAIMB20: MBA Carries Torch for IMBs
NEW ORLEANS—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, has worked for, and with, independent mortgage bankers. For him–and for MBA–it’s an easy sell.