As lenders grapple with retaining top talent and optimizing technology stacks that often feel costly and underperforming, simply trimming expenses isn’t enough. This is where AI steps in, writes Sei AI Co-Founder & CEO Pranay Shetty.
Category: News and Trends
Soft Spring Selling Season Takes a Toll on Builder Confidence
Builder confidence has fallen sharply on growing uncertainties stemming from elevated interest rates, building material cost uncertainty and the cloudy economic outlook, according to the NAHB/Wells Fargo Housing Market Index.
IMBs Report Slight Production Losses in First Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter, compared to a net loss of $40 per loan in the fourth quarter of 2024, according to MBA’s Quarterly Mortgage Bankers Performance Report.
An MSR Update from MIAC Analytics
For years, conventional wisdom has assumed that “normal” turnover implies a minimum lifetime Conditional Prepayment Rate of 6%. MIAC Analytics Managing Director of MSR Valuations Mike Carnes challenges those assumptions.
Kaitlin Hildner Joins MBA as Associate Vice President of Loan Administration Policy
The Mortgage Bankers Association announced that Kaitlin Hildner has joined the association as Associate Vice President of Loan Administration Policy.
Today: Crisis Communication Playbook: How to Rapidly Respond to Borrowers with Clear & Empathetic Communications During Natural Disasters
This webinar explores how servicers can leverage AI and modern approaches to borrower communications to respond quickly to borrowers in times of crisis while ensuring accuracy and compliance.
Quote of the Day
“MBA, folks, is the only organization representing all segments of the real estate finance industry. Our ability to lead successfully on behalf of all of our members is unmatched because we see the entire picture.”
–MBA Chair and President of Lennar Mortgage Laura Escobar
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Introduction to Mortgage Banking (on Demand): May 12-June 9
Introduction to Mortgage Banking provides a broad overview of the world of single-family mortgage finance.
Quote of the Day
“Production profitability was close to break-even in the first quarter of 2025 despite a decline in volume and an increase in production expenses.”
MBA’s Marina Walsh, CMB