Davis Wright Tremaine, Washington, D.C, announced Chava Brandriss joined its Banking and Financial Services Team as a partner in its D.C. office. She represents banks, mortgage lenders and servicers in class actions, mass claims, appeals and large portfolios of individual lawsuits.
Category: News and Trends
The Week Ahead
Good morning! Welcome to Monday—a day like any other day. (Sigh) To all of you out there: thank you for what you are doing to help people achieve—and maintain—the American Dream. Stay healthy and safe.
MBA Advocacy Update
MBA continues to advocate for the industry to help MBA members address the financing needs of their customers during the ongoing pandemic and will provide updates as they become available. Several updates pertaining to COVID-19, along with other industry activities, are included in this week’s communication.
MBA: 2019 IMB Production Volumes, Profits Rise
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association reported Friday in its Annual Mortgage Bankers Performance Report.
MBA: 2019 IMB Production Volume, Profits Rise
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association reported today in its Annual Mortgage Bankers Performance Report.
Tom Millon, CMB, of Computershare on Technology and Building Efficiencies
Tom Millon, CMB, serves as CEO of Computershare Loan Services US, Ponte Vedra Beach, Fla., including Specialized Loan Servicing, Credit Risk Solutions, Capital Markets Cooperative, LenderLive Network and Property Solutions. He founded Capital Markets Cooperative in 2003 and is a recognized author, frequent speaker and expert in mortgage finance.
MBA Opens Doors Foundation Sees Increase in Grant Applications
The MBA Opens Doors Foundation, which helps families around the country stay in their homes while a child is being treated for a critical illness or injury, is seeing an increase in grant applications from families in need. Here’s how you can help.
Regina M. Lowrie, CMB, of Dytrix on How Lenders Can Protect Against Cyberfraud
Regina M. Lowrie, CMB, is President and CEO of Dytrix, a fintech company that enables secure financial transactions for institutions through the Dytrix Platform. In 2005, she became the first woman Chair of the Mortgage Bankers Association and continues to serve on many MBA committees.
Harry Gardner of Docutech on Remote Online Notarization Adoption
Harry Gardner is Executive Vice President of eStrategies with Docutech Corp. While at the Mortgage Bankers Association he helped lead and grow the efforts of MISMO and the eMortgage Workgroup for more eight years. After transitioning to private industry in 2009, he gained the industry perspective of the technology solutions provider, and continued his leadership role in MISMO, first as Chair of the Residential Governance Standards Committee and then as a member of the Board of Directors.
Remote Online Notarization: Steps Lenders Can Take During Coronavirus Pandemic
The COVID-19 virus has created a level of uncertainty in our country not seen since the financial crisis of 2008. Moreover, recent orders by state governments to shelter in place or executive proclamations closing non-essential businesses have made it exceedingly difficult for our industry to serve consumers and complete real estate financial transactions.