One of the most remarkable mortgage technology developments in the past couple of years has been emergence of Remote Online Notarization as standard operating procedure. And the industry has Rick Triola to thank for that.
Category: News and Trends
People in the News
LenderClose, Des Moines, Iowa, appointed Tana Krumm as Vice President of Marketing, responsible for analyzing the market to formulate and position differentiating marketing strategies.
MBA Chart of the Week: Year-over-Year Change in Unemployment Rate and Cap Rate Spreads
For commercial real estate markets, a key factor in how we work through this period of uncertainty will be how investors value properties and their incomes. Our experiences in the past two recessions may provide some insights.
MBA Advocacy Update
In this week’s communication, you will find several updates pertaining to MBA’s efforts regarding the coronavirus (COVID-19) pandemic and other industry activities. For additional updates related to COVID-19, please visit MBA’s residential community page for helpful resources and other policy developments.
Federal, State Agencies Issue Joint Statement Encouraging ‘Flexibility’ with COVID-Impacted Homeowners
Federal and state regulatory agencies on Friday issued a statement conceding the need for regulatory flexibility as mortgage servicers work with struggling homeowners affected by the coronavirus pandemic.
MBA, Trade Groups Release Statement Urging Regulators to Establish Liquidity Facility
The Mortgage Bankers Association and a broad coalition of organizations representing financial industry and affordable housing advocates on Saturday released a statement calling on government regulators to provide a source of liquidity to those mortgage servicers that may need additional capacity to support homeowners and renters impacted by COVID-19.
Commercial/Multifamily Briefs
Eastern Union, New York, rolled out its free “eCALC” app feature to help buyers, lenders and brokers remotely underwrite transactions during COVID-19 quarantines and lockdowns.
MBA Advocacy Update
In this week’s communication, you will find several updates pertaining to MBA’s efforts regarding the coronavirus (COVID-19) pandemic and other industry activities. For additional updates related to COVID-19, please visit MBA’s residential community page for helpful resources and other policy developments.
MBA Chart of the Week: Year-over-Year Change in Unemployment Rate and Cap Rate Spreads
For commercial real estate markets, a key factor in how we work through this period of uncertainty will be how investors value properties and their incomes. Our experiences in the past two recessions may provide some insights.
First Wave of Employment Losses Smack March Jobs Report
Was it just last month that the nation’s unemployment rate matched a 50-year low? Yes, it was. But that was a lifetime ago in the Age of the Coronavirus.