In a new white paper, Fannie Mae, Washington, D.C., has a simple message for mortgage lenders: go digital–or go out of business.
Category: News and Trends

How the Digital Mortgage Democratizes Loan Accessibility
Mortgage lending is too expensive.

Residential Briefs
Ginnie Mae, Washington, D.C., said issuance of its mortgage-backed securities totaled $53.517 billion in September, providing financing for more than 207,000 homeowners and renters.

Fannie Mae: Without Data Standards (and MISMO), Mortgage Industry Doesn’t Go Digital
In a new white paper, Fannie Mae, Washington, D.C., has a simple message for mortgage lenders: go digital–or go out of business.

How the Digital Mortgage Democratizes Loan Accessibility
Mortgage lending is too expensive.

MBA Chart of the Week: Commercial/Multifamily Capitalization Rates
Commercial real estate values are dictated by property incomes and capitalization rates, or the yields investors are looking to receive on their investments.

Residential Briefs
Ginnie Mae, Washington, D.C., said issuance of its mortgage-backed securities totaled $53.517 billion in September, providing financing for more than 207,000 homeowners and renters.

The Week Ahead
The Mortgage Bankers Association’s Annual Convention & Expo is less than three weeks away.

MBA’s Lisa Haynes Honored as Association CFO of the Year by Association TRENDS
Lisa J. Haynes, Senior Vice President, Chief Financial Officer and Diversity and Inclusion Officer with the Mortgage Bankers Association, was presented with the Association CFO of the Year Award by Association TRENDS. Haynes received the award at the Nonprofit CFO of the Year Awards reception in Washington.

Redfin: Bidding Wars Edge Up in September, Bucking Seasonal Trend
Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.