WASHINGTON, D.C.—“These are no normal times.” With those words, Mortgage Bankers Association Robert Broeksmit, CMB, not only described the past few months, but also set the tone for the future of the real estate finance industry and life in general.
Category: News and Trends
MBA Education Path to Diversity Scholar Profile: Adam Krings
(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.)
Sponsored Content: Intelligent Valuation Portal — Your Rules, Your Evolution
While regulations, state law, and the definition of “essential business” change at a seemingly daily rate, the housing industry is caught in an unpredictable moment of waiting. In response, Connexions – a bank-grade, SaaS financial valuation company – has introduced a solution to help lenders operate effectively and responsibly.
MISMO Releases Updated Industry Loan Application Dataset
MISMO®, the mortgage industry standards organization, announced it updated the Industry Loan Application Dataset (iLAD), the modernized dataset for exchanging loan application data, to “Candidate Recommendation” status.
MBA: Share of Mortgage Loans in Forbearance Increases to 8.16%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed mortgage loans now in forbearance increased to 8.16% of servicers’ portfolio volume in as of May 10, up from 7.91% the previous week.
MBA Premier Member Profile: Richey May
Richey May & Co., Englewood, Colo., is an accounting and business consulting firm, focused on the mortgage banking industry. Their diverse offerings include Audit, Tax, Accounting, Business Advisory and Technology Consulting. Founded in 1985, its specialized approach allows it to serve our clients at a high level, with many service leaders holding previous experience at mortgage companies.
Fannie Mae, Freddie Mac Issue Request for Proposals to Hire Financial Advisor
Fannie Mae, Washington, D.C., and Freddie Mac, McLean, Va., announced yesterday they will issue requests for proposals to hire an underwriting financial advisor to assist in developing and implementing a plan for recapitalizing and “responsibly ending” their conservatorship.
Home Builder Confidence Rebounds from Historic April Drop
After suffering the largest single-month decline in its history in April, the National Association of Home Builders/Wells Fargo Housing Market Index rebounded in May, sort of.
MISMO Releases Updated Industry Loan Application Dataset
MISMO®, the mortgage industry standards organization, announced it updated the Industry Loan Application Dataset (iLAD), the modernized dataset for exchanging loan application data, to “Candidate Recommendation” status.
Global CRE Activity Drops
Commercial real estate transaction volume is slowing worldwide, reported Real Capital Analytics, New York.