The week after the holidays usually sees a sharp jump in mortgage applications activity, and last week was no exception, according to the Mortgage Bankers Association.
Category: News and Trends
Jay Coomes: Advance Your Efficiency
Smoother internal processes can lead to happier consumers, increased profitability and reduced costs. Somewhere in your internal processes, you also have efficiencies to gain.
Call for Nominations: MBA NewsLink 2020 Tech All-Star Awards; Deadline Extended to Jan. 17
The Mortgage Bankers Association and MBA NewsLink are accepting nominations for the MBA NewsLink 2020 Tech All-Star Awards. The nomination deadline has been extended to Friday, Jan. 17.
Stanley C. Middleman: Are Non-banks Really a Systemic Risk?
The Financial Stability Oversight Council issued its annual report in December where it identified the growth of nonbank mortgage origination and servicing as a risk to the U.S. financial system. But is this really correct?
Mark P. Dangelo: 2020—Where Are OUR Attack Points?
In this third and final article on 2020 potential challenges, we find ourselves staring into the glassy lake. The answers on what is important reside not with prescriptive solutions offered, but beneath the surface to ensure that what is undertaken aligns with strategy and the ability of innovations to be found.
New York Fed Warns of Financial System ‘Pre-Mortem’ Cyber Risk
In a new report, the Federal Reserve of New York warns a sustained cyber attack on the U.S. financial system could result in “significant spillover” and widespread disruption.
After Holiday Break, Mortgage Applications Soar in MBA Weekly Survey
The week after the holidays usually sees a sharp jump in mortgage applications activity, and last week was no exception, according to the Mortgage Bankers Association.
Report Cites Sharp Increase in Single-Person Households
Point2 Homes, Saskatoon, Saskatchewan, says the concept of the traditional household is eroding, citing an increase in single-person households.
‘Million-Dollar City’ Club Grows, But New Entrants Running Dry
Zillow, Seattle, said 11 cities are expected to join the “Million Dollar City” list in 2020—where the typical home value is at least $1 million—but five cities are likely to fall out, with few new entrants expected in coming years.
New York Fed Warns of Financial System ‘Pre-Mortem’ Cyber Risk
In a new report, the Federal Reserve of New York warns a sustained cyber attack on the U.S. financial system could result in “significant spillover” and widespread disruption.