DENVER–Laura Webanck, Partner at McKinsey & Co., took to the stage at the mPowering You Summit for Women in Real Estate Finance Oct. 26, to discuss data from the firm’s “Women in the Workplace 2024” report. While women have continued to make gains, they are “fragile” and “not guaranteed in perpetuity,” Webanck said.
Category: News and Trends
Jane Fonda: ‘Have Each Other’s Backs’
DENVER–“I hope all of you will have each other’s backs and stick together.”
Quote of the Day
“We are bullish about the spring 2025 housing market. Mortgage rates at this level should support homebuyer demand and gradually reduce the lock-in effect, thereby increasing the inventory of existing homes and supporting higher purchase origination volume in 2025.”
–Mike Fratantoni, MBA Chief Economist and Senior Vice President for Research and Business Development
MBA NewsLink Q&A: Rob Chrane of Down Payment Resource
Down Payment Assistance is a growing part of the lender’s purchase business arsenal, so we interviewed Rob Chrane, founder and CEO of Down Payment Resource, to discuss the evolution of this market.
Ed Austin from SingleSource Property Solutions: Take 2020’s Lessons to Heart And Get Refi-Ready Now
When the COVID-19 pandemic arrived in 2020, the Federal Reserve’s response was swift and its impact on the housing market was dramatic. Millions of homeowners rushed to refinance, sometimes more than once. But for the industry, a golden opportunity also became a logistical nightmare.
NMLS Renewal Season Launches Nov. 1; Update Your NMLS Account Soon
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.
MBA Chart of the Week: Homeownership Rates
The Census Bureau recently released its 2023 American Community Survey one-year estimates.
Check Out the MBA Annual24 Show Guide
MBA NewsLink’s preview for all things related to the MBA Annual Convention & Expo is now live.
When It Comes to Your LOS (and Vendor), Choose Wisely: A Q&A With Dark Matter’s Sean Dugan and Mike Piombino
An LOS is a substantial investment for a lender of any size and choosing the wrong one may lock you into paying more than you need for a tool that’s not quite right for your needs.
Advocacy Update: MBA Seeks RESPA Section 8 Reforms; CFPB Section 1033 Final Rule; MBA Comments on FDTA Proposed Rule
This week’s top legislative and policy news from the Mortgage Bankers Association.