According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.
Category: News and Trends
5 Trends Driving Mortgage Technology in 2020
American technologist, artist and set designer Bran Ferren has been quoted describing technology as “something that doesn’t work yet.” I think a lot of us in the mortgage industry can relate to his description. We use technology all the time, yet technology often fails to solve our most critical problems.
Today at MBA Annual19
AUSTIN, TEXAS–The Mortgage Bankers Association’s Annual Convention & Expo continues here at the Austin Convention Center with a full slate of activities.
MISMO Releases Closing Instructions Templates
MISMO®, the mortgage industry standards organization, issued new templates for closing instructions.
Frank Donnelly, CFP, CMB, Honored with CMB Society’s Rosser Lifetime Achievement Award
AUSTIN, TEXAS–The Certified Mortgage Bankers Society presented Frank Donnelly, CFP, CMB, Mortgage Branch Manager with BB&T Home Mortgage, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
MBA Honors Kurt Pfotenhauer with Woodward Distinguished Service Award
AUSTIN, TEXAS–The Mortgage Bankers Association honored Kurt Pfotenhauer, Vice Chairman of First American Title Insurance Co., with its Andrew D. Woodward Distinguished Service Award. The award is presented in recognition …
MBA Recognizes 44 New Certified Mortgage Banker Graduates
AUSTIN, TEXAS–MBA Education, the award-winning education division of the Mortgage Bankers Association, recognized 44 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony held here at the MBA 2019 Annual Convention & Expo.
MBA Honors 2019 Diversity & Inclusion Residential Leadership Award Winners
AUSTIN, TEXAS–The Mortgage Bankers Association recognized five member companies for its 2019 Diversity and Inclusion Residential Leadership Awards.
Residential Briefs
Home price appreciation has accelerated across the United States, according to a new historical home price index announced by Radian Group Inc., Philadelphia. The newly released September 2019 Radian HPI data shows a 7.9 percent year-over-year increase in median values, after a 5.8 percent annualized growth rate in the second quarter.
Mortgage Vendor News & Views
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. The primary theme today is the growth of a few vendors, especially in innovation and technology. We also address the age-old question of “Is bigger better?”