“If we look at where we are, relative to where most of us expected the U.S. to be, it truly has been exceptional. As to where we’re going, I think we have a 70% chance that we either soft land or do better.”
–Economist Mohamed El-Erian speaking at MBA’s Annual Convention & Expo
Auction.com, Irvine, Calif., released its Auction Market Dispatch for the third quarter, finding that demand continues to weaken.
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,041 from $2,057 in August. This is according to MBA’s Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time – relative to income.
DENVER–MBA announced at its 2024 Annual Convention & Expo that six companies have been recognized as 2024 Diversity, Equity, and Inclusion (DEI) Residential Leadership Award recipients.
The number of hotel rooms under construction in the U.S. increased year-over-year for the seventh consecutive month, according to CoStar, Washington, D.C.
Becky Gaston serves as National Practice Lead, Zoning, with JLL Value & Risk Advisory
DENVER–MBA Education, the award-winning education division of the Mortgage Bankers Association, honored Mr. Cooper’s Ryan Davidson, Associate Vice President, Strategy & Analytics, with its 2024 Willis Bryant Award here at the 2024 Annual Convention and Expo.
DENVER–It’s no secret that artificial intelligence is an increasingly hot topic, and there are real applications to consider for those working in mortgage banking and related industries, said experts from Amazon Web Services and NVIDIA Corp., at MBA’s Annual Convention & Expo Oct. 29.
Without process automation, servicers have no hope of delivering the responsiveness, rapid relief options, proactive outreach, and education borrowers need when they need it most.
The Mortgage Bankers Association reminds Mortgage Loan Originators that they should update their NMLS accounts if they have not already done so. This includes MLOs working at bank and non-banks.
