The Conference Board, New York, reported its Consumer Confidence Index declined sharply in March, as consumers’ short-term outlook all but collapsed.
Category: News and Trends

S&P: Home Price Growth Stable in Early 2020
S&P Dow Jones Indices, New York, said home prices continue to increase at a modest rate across the U.S. to start the first quarter.

Mortgage Applications Back Up in MBA Weekly Survey
Mortgage application activity entered March like a lamb, but, thanks to falling interest rates, came out like a lion.

MBA 2020 Tech All-Star Jane Mason: Bringing Clarity to Chaos
On the website of Clarifire, a Software-as-a-Service company specializing in workflow automation in multiple industries, particularly mortgage servicing, the company declares its vision: “To transform chaos into clarity.”

HECMs Shield Seniors from Investment Sequence Risk in Turbulent Times
Seniors are being especially hard hit by the health and economic impacts of the COVID-19 pandemic. However, homeowners are not entirely at the mercy of a fickle financial market. There are tools available to help retirees limit their sequence risk. One of the more effective being the Home Equity Conversion Mortgage.

CRE Finance in an Uncertain World
MBA hosted a webinar on Friday, March 27 with commercial real estate finance industry leaders to discuss COVID-19’s impacts on the industry.

MBA 2020 Tech All-Star Howard Botts: Meet the Wizard of ‘Weather Forensics’
Howard Botts could be in Los Angeles and tell you within 15 minutes of a tornado touching down in the Midwest, if any, properties sustained damage and the severity of the damage. He’s not psychic; he’s scientific.

MBA 2020 Tech All-Star Julie Felts: Driving Force Behind Amrock’s eClosing Domination
Like many homebuyers, Julie Felts and her husband did not have a positive experience at the closing table. With mounds of paperwork and a seller in tears sitting just across from them, the close was nightmarishly long, inconvenient, stressful and emotionally draining. “I just remember thinking there should be a better way to do this; we shouldn’t have to be in the same place at the same time,” she says.

MBA Launches COVID-19 Members-Only Online Network
The Mortgage Bankers Association launched a new members-only online network, MBA’s COVID-19 Residential Policy Community.

CRE Finance in an Uncertain World
MBA hosted a webinar on Friday, March 27 with commercial real estate finance industry leaders to discuss COVID-19’s impacts on the industry.