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Category: News and Trends

MBA Education Path to Diversity Scholar Profile: Christa Thomas
(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 Premier Member Profile: DataVerify
(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.)

MBA May 19 Online State of the Industry Conference Adapts to a Changing World
There is nothing quite like attending a Mortgage Bankers Association conference in person. But with the entire country still dealing with the effects of the coronavirus pandemic, that on-site experience—for now—has to give way to the safety of your home. And MBA says it’s ready for you.

Mortgage Credit Availability Falls to 6-Year Low
Mortgage credit availability fell sharply in April for the second straight month, to a six-year low, the Mortgage Bankers Association reported Thursday.

MBA: First Quarter CMF Borrowing Down 2%
Commercial and multifamily mortgage loan originations decreased 2 percent in the first quarter from a year ago, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Mortgage Credit Availability Falls to 6-Year Low
Mortgage credit availability fell sharply in April for the second straight month, to a six-year low, the Mortgage Bankers Association reported this morning.

ADP Report: ‘Unprecedented’ April Job Losses
ADP, Roseland, N.J., reported a staggering drop of 20.2 million private-sector jobs in the U.S. between March and April.

Ellie Mae: Low Rates Spur Refinance Activity to Historic High
Ellie Mae, Pleasanton, Calif., said refinance activity reached a record high in March for millennial borrowers as interest rates plummeted.

ATTOM: Pre-COVID-19, Steady Rates for Equity-Rich Homeowners
ATTOM Data Solutions, Irvine, Calif., said data gathered before the impact of the coronavirus pandemic showed equity-rich American homeowners dipped slightly in the first quarter, even as the share of seriously underwater homeowners edged up.