“I think the core thing is you [have] to focus on data first. This is absolutely a data-first strategy, because automation doesn’t happen without understanding your data.”
–Kiran Sahota, Executive Vice President for Technology at Freedom Mortgage, speaking at the MISMO Summit in San Francisco
Join MBA and industry experts for a conversation on how to understand the costs and navigate the complexities of residential homeowners’ insurance.
With interest rates staying higher for longer coupled with steadily tight, albeit slightly rising inventory this spring, borrowers continue to explore all options when it comes to purchasing a home they can afford. Enter manufactured housing.
“Mortgage rates moved slightly higher last week, with the 30-year conforming rate reaching 7.07%–its highest level since early May–despite incoming data indicating somewhat slower economic growth.”
–Mike Fratantoni, MBA’s SVP and Chief Economist.
Alternative loan categories gained momentum in the first half of 2024. Learn why lenders need to be mindful of risk.
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SAN FRANCISCO–The Mortgage Bankers Association awarded the MBA NewsLink Tech All-Star Award on Tuesday to three visionary leaders in the mortgage technology industry.
Mortgage applications decreased 5.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Applications Survey for the week ending May 31, 2024.
Renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership, according to Redfin, Seattle.
Renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership, according to Redfin, Seattle.
