Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.
Category: News and Trends
About the MISMO Innovation Investment Fee
MISMO, the real estate finance industry’s standards organization, launched the Innovation Investment Fee in 2021 to allow lenders to support the important work necessary to foster efficiency, cost reduction, interoperability, digital transformation and innovation in the mortgage process and much more.
Quote of the Day
“While we are seeing a decrease in foreclosure starts and repossessions, it’s crucial to remain vigilant, as any economic disruptions or changes in interest rates could shift the current trend.”
–ATTOM CEO Rob Barber
Foreclosure Activity Drops, ATTOM Finds
ATTOM, Irvine, Calif., said U.S. properties with foreclosure filings are falling, down 2% from the previous quarter and down 13% from a year ago.
The Value of Data Amidst Election Year Uncertainty: Equifax Workforce Solutions’ Jarod Jones
With election year uncertainty compounded by an already-volatile mortgage market, lenders rely on accurate and reliable data, with access to verified income and employment data serving as one way to help bring greater certainty even amidst these market factors.
Industry Briefs, Oct. 11, 2024
Industry briefs from the Federal Housing Finance Agency, Snapdocs, Zions Bancorporation and Informative Research.
MBA Education Path to Diversity Scholar Profile: Ashley Wheatley
One in a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.
Enact’s Vishal Shyamsunder and Vinny Souza–Data Modernization: Why Should Lenders Care?
Data modernization enables organizations to extract more value from their data assets, make faster and more informed decisions, and adapt quickly to changing market conditions.
New Date Oct. 16: Understanding the CFPB’s Non-Bank Registry
Join MBA Education and industry experts for an overview of the Consumer Financial Protection Bureau’s new registry for non-bank covered persons.
Trepp: CMBS Special Servicing Rate Jumps in September
Trepp, New York, reported its CMBS Special Servicing Rate rose in September, up 33 basis points to 8.79%.