In just two short months, we will be heading into a new year and a new decade. To prepare, many institutions are planning their budget and objectives for the next year to ensure growth and profitability. With the start of a new decade, institutions are looking for ways to better equip their team with offerings and technology to meet the needs of current and future borrowers and evolve the lending process.
Category: News and Trends
MBA Presents Burton C. Wood Award to California MBA’s Susan Milazzo
The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to California Mortgage Bankers Association CEO Susan Milazzo.
STRATMOR: Borrower Satisfaction Driving Lender Technology Decisions
According to the 2019 Technology Insight Study, Greenwood Village, Colo., improving the borrower experience is the key driver for implementing technology, with three of the top five perceived digital benefits specifically focused on enhancing borrower satisfaction with the loan process.
Black Knight: First-Time Homebuyers ‘Under Pressure’ as Early-Stage Delinquencies Rise
Black Knight, Jacksonville, Fla., said nearly 1% of first quarter originations became delinquent six months post-origination. Though this represented less than one-third of the 2000-2005 delinquency average of 2.93%, it is up more than 60% over the past 24 months and the highest since 2010.
MBA Chart of the Week: Changes in Population By Age Group
Housing demand in the U.S. is expected to grow considerably over the next decade, as the large Baby Boomer cohort grows into age groups formerly held by the Silent Generation, and Millennials mature into age ranges formerly populated by the smaller Generation X. In each of the past two years, these trends have helped add a net 1.6 million households.
MBA Advocacy Update
On Monday at MBA’s Annual Convention and Expo in Austin, Texas, HUD Secretary Ben Carson revealed that HUD and the DOJ issued a Memorandum of Understanding that establishes guidelines on how the agencies will use the False Claims Act to enforce potential violations of FHA requirements.
Preparing Your Institution’s Commercial Lending Landscape for 2020
In just two short months, we will be heading into a new year and a new decade. To prepare, many institutions are planning their budget and objectives for the next year to ensure growth and profitability. With the start of a new decade, institutions are looking for ways to better equip their team with offerings and technology to meet the needs of current and future borrowers and evolve the lending process.
MBA Presents Burton C. Wood Award to California MBA’s Susan Milazzo
The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to California Mortgage Bankers Association CEO Susan Milazzo.
STRATMOR: Borrower Satisfaction Driving Lender Technology Decisions
According to the 2019 Technology Insight Study, Greenwood Village, Colo., improving the borrower experience is the key driver for implementing technology, with three of the top five perceived digital benefits specifically focused on enhancing borrower satisfaction with the loan process.
California Wildfires Put $2 Trillion in Housing at Risk
The winds have died down, somewhat, in California, and the past week’s wildfires are ebbing. But two reports suggest after the totals are tallied up, as much as $2 trillion in housing in four heavily populated counties are at serious risk.