The Mortgage Bankers Association presented Stacey Berger, Executive Vice President of Midland Loan Services, with its 2020 Commercial Real Estate Finance Distinguished Service Award.
Category: News and Trends
January Existing Home Sales Down 1.3% But Longer-Term Outlook Promising
Existing home sales declined in January, continuing what the National Association of Realtors described as “a fluctuating pattern” of monthly increases and declines.”
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Chart of the Week: Homeownership Rate by Age
The national homeownership rate increased to 65.1% in the final three months of 2019, the first time above 65 percent in seven years. Since bottoming out at 62.9 percent in second quarter 2016, the number of owner-occupied homes has increased by 4.5 million.
The Week Ahead
ORLANDO—MBA NewsLink comes to you this week from the Mortgage Bankers Association’s Servicing Solutions Conference & Expo.
People in the News
The Mortgage Bankers Association presented Stacey Berger, Executive Vice President of Midland Loan Services, with its 2020 Commercial Real Estate Finance Distinguished Service Award.
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?
Industry Briefs
OptifiNow, Buena Vista, Calif., announced Sun West Mortgage Co. launched its cloud-based CRM and marketing automation platform for wholesale, distributed retail and its Home Buyer Connect mortgage lending channels.
Bill Neville of LoanLogics on Regtech and Data Analytics: Past, Present and Future
Bill Neville is CEO of LoanLogics, Trevose, Pa., responsible for overseeing all company operations, technology and software development, and leading the strategies that continue the company’s growth as a regtech technology provider. In addition to his executive role, he is also a member of LoanLogics’ Board of Directors.
Administration Nominates Dana Wade as FHA Commissioner
The Trump Administration yesterday said it intended to nominate Dana Wade as Assistant Secretary for Housing and Federal Housing Commissioner.