Today’s financial institutions are faced with many challenges, chief among them reducing costs, improving efficiency and introducing innovation so they can be ahead of the curve. One path many prefer to take to meet these objectives is outsourcing, which has dramatically changed how businesses operate today.
Category: News and Trends
ATTOM: November Foreclosure Activity Down 10% from October, 6% from Year Ago
ATTOM Data Solutions, Irvine, Calif., reported U.S. foreclosure activity fell by 10 percent in November from October and by 6 percent from a year ago.
Analysis: More Gen Zers Than Millennials Will Own Homes
Even as Millennials age into their prime home-buying years, they’re still not keeping up with past generations, said Zillow Inc., Seattle. Furthermore, the analysis said, Gen Z could end up overwhelming Millennials in homeownership competition.
Builder Confidence Ends Year to Highest Reading Since 1999
Builder confidence in the market for newly built single-family homes increased five points to 76 in December off an upwardly revised November reading to its highest reading since June 1999, the National Association of Home Builders reported yesterday.
Being Found: A Challenge for 2020
Enterprise leaders believe that innovation is a destination–that is misguided. The reason we use innovation now is as a tool to be found in economies that are driven by attention, technology and data. It will be, in 2020, an unfamiliar mandate.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry. These members provide a variety of valuable products and services, including legal, insurance, technology, consulting, communications and more that help to grow your bottom line.
MBA Recognizes Premier Members
MBA is proud to recognize its Premier and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
MBA: November Builder Applications Survey Up 27% from Year Ago; Down 17% from October
Mortgage applications for new home purchases increased 27.1 percent in November compared to a year ago, the Mortgage Bankers Association’s Builder Applications Survey reported Thursday.
The Week Ahead
Mid-December already? Christmas just nine days away? Weren’t we just complaining about holiday commercials in October? (Well, maybe you weren’t…)
Scott Colclough of Vice Capital Markets: Making the Jump to Advanced Executions
Shifting from best effort to mandatory execution marks a significant achievement in the evolution of a mortgage lending organization, as it represents a more sophisticated (and more profitable) secondary strategy.