MBA NewsLink sat down with Patrick Holland of Embrace Home Loans to talk about what mortgage originators can do to succeed in the current environment.
Category: News and Trends
CoreLogic: Homeowner Equity Continues to Increase
CoreLogic, Irvine, Calif., released its Homeowner Equity Insights report for the second quarter, finding that U.S. homeowners with mortgages saw their overall equity increase by 8% year-over-year.
Dealmaker: Greystone Closes $56M in North Carolina Refinance
Greystone, New York, closed a Freddie Mac loan and preferred equity component totaling $56.3 million to refinance a multifamily property in North Carolina.
Quote: Sept. 13, 2024
“Foreclosure activity has remained relatively steady in recent months, with both foreclosure starts and completed foreclosures declining in August.”
–ATTOM CEO Rob Barber
HUD Updates Manufactured Homes Regulations
HUD on Wednesday announced the most extensive update to the Manufactured Home Construction and Safety Standards in more than three decades.
MBA Education Path to Diversity Scholar Profile: Gregory Page
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.
ATTOM: Foreclosure Activity Down in August
ATTOM, Irvine, Calif., released its August 2024 U.S. Foreclosure Market Report, revealing a total of 30,227 U.S. properties with foreclosure filings–down 5.3% from July and down 11% year-over-year.
Revolutionizing Capital Markets with AI–Sponsored by Optimal Blue
Optimal Blue’s AI assistants tackle real-world challenges lenders face by combining value-driven innovation with mortgage expertise.
Mphasis: Prospective Home Buyers Worry About Costs, Insurance
Mphasis Digital Risk, Maitland Fla., conducted a study finding that prospective home buyers say home insurance affordability is a major factor in where they decide to move.
Optimal Blue: Refinances Surge in August
Optimal Blue, Plano, Texas, released its Market Advantage mortgage data report for August, revealing a 1% rise in overall rate lock volume, but more significant movement on refinances.