Nearly 298,000 single-family homes and condos in the U.S. were flipped last year, down 7.7% from 2023 and 32% from a recent peak of nearly 441,000 reached in 2022, according to ATTOM, Irvine, Calif.
Category: News and Trends
mPact Presents: The Power of Succession Planning – A Two-Way Perspective May 15
About the Event Succession planning is a critical piece of career growth and organizational success—but what does it really take to move up and prepare for leadership? And what do …
MBA National Advocacy Conference, April 8-9
A new Congress means a new opportunity to build relationships with key legislators and their staff. To make 2025 successful, attend MBA’s National Advocacy Conference (NAC), April 8-9 at the …
Advocacy Update: FHFA Director Bill Pulte Makes Significant Changes at FHFA and GSEs
This week’s top legislative and policy news from the Mortgage Bankers Association.
AI Mortgage Practitioner Course: March 26-28
MBA and PhoenixTeam have partnered to help you unlock the future of mortgage with the power of artificial intelligence. The AI Mortgage Practitioner Course will equip you with the essential skills and hands-on expertise to understand how AI is transforming the mortgage industry.
ICE First Look: Delinquencies Creep Up in February
Intercontinental Exchange Inc., released its “first look” at February mortgage performance, finding the national delinquency rate edged up five basis points to 3.53% in February.
Learn About the CMB Designation From Industry Leaders
MBANow recently sat down with some mortgage industry leaders to hear about their experience with the Certified Mortgage Banker designation.
Quote of the Day
“The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits.”
–ATTOM CEO Rob Barber
Dealmaker: Merchants Capital Secures $120M for N.J. Development
Merchants Capital, Carmel, Ind., announced $120 million in financing for the construction of a housing and retail development in downtown Newark, N.J.
Quote of the Day
“Wind and hail damage is the most common homeowners insurance claim.”
–LendingTree Home Insurance Expert and Licensed Insurance Agent Rob Bhatt on the home insurance landscape in the U.S.