The mortgage servicing landscape has witnessed a significant shift in recent days with Mr. Cooper’s acquisition of Flagstar Bank’s mortgage servicing rights portfolio.
Category: News and Trends
First American–AVMs Take Center Stage as New Rules Spotlight Performance
New federal guidelines and changes in methodology testing are giving AVMs more attention. Learn how companies must comply with these new guidelines.
MISMO Fall Summit Starts Next Week–In-Person and Remote Options
The MISMO Fall Summit is next week. Join us in suburban Washington, D.C. or online August 26-29 for a program filled with presentations and strategy sessions focused on some of the most pressing issues in the industry.
Quote: Aug. 22, 2024
“Despite the challenges facing the construction industry, the overall outlook remains positive.”
–Marcum National Construction Industry Leader Joseph Natarelli
People in the News, Aug. 23, 2024
Industry personnel news from Zillow Group, Voxtur, Incenter Lender Services, KBRA and CMG Home Loans.
MBA Compliance and Risk Management Conference Sept. 22-24
Save your seat in the highly anticipated Compliance Conversations Track during MBA’s Compliance and Risk Management Conference.
MBA: IMBs Post Net Production Profit for First Time in Two Years
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net profit of $693 on each loan they originated in the second quarter, an increase from the reported loss of $645 per loan in the first quarter, according to the Mortgage Bankers Association’s new Quarterly Mortgage Bankers Performance Report.
Arbor: Small Multifamily Subsector Remains on Solid Footing
Arbor, Uniondale, N.Y., released its Small Multifamily Investment Trends Report for Q3, finding that small multifamily originations are on pace for a 7.9% increase in 2024.
MISMO Publishes ESG Reference Materials
MISMO, the real estate finance industry’s standards organization, published a package of new reference material designed to identify environmental, social and governance data elements that could be leveraged by lenders, investors, and trading partners.
Marcum Finds Cautious Optimism in the Construction Industry
A recent survey by accounting and advisory firm Marcum LLP, New York, found “optimism tempered by uncertainty” among construction industry leaders.