AUSTIN, TEXAS–The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Mike Heagerty, CCMS, Principal & CFO of Newmark Realty Capital, with the 2019 Schumacher-Bolduc Award here at the association’s 2019 Annual Convention and Expo.
Category: News and Trends
MBA Letter Urges House Committee Markup of TRIA Extension
Ahead of a markup vote scheduled this week in the House Financial Services Committee, the Mortgage Bankers Association sent an Oct. 29 letter to Committee members urging approval of a bill that would extend the Terrorism Risk Insurance Act for seven years.
Former Governors McAuliffe, Christie Take on U.S. Political Climate at MBA Annual19
AUSTIN, TEXAS–In today’s increasingly polarized and volatile political climate, most trade associations might avoid having pundits such as conservative-leaning former New Jersey Gov. Chris Christie and liberal-leaning former Virginia Gov. Terry McAuliffe share the same stage. To which the Mortgage Bankers Association says, “hold my beer.”
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?”
MBA Chart of the Week: MBA Builder Applications Survey vs. Census New Home Sales
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.
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.