A new senior-level National Housing Policy Director would bring order to the “spider web” of federal agencies and policies that affect housing, MBA President and CEO Robert Broeksmit, CMB, said in a speech at the Exchequer Club in Washington, D.C.
Category: News and Trends
Optimal Blue: April Originations Market Monitor Shows Rise in Lock Counts
Optimal Blue, Plano, Texas, released its April Originations Market Monitor report, which showed the first year-over-year increase in purchase mortgage lock counts since March 2022.
Clever Real Estate: 43% of New Homeowners Struggle With Payments
Clever Real Estate, St. Louis, released a new survey, with the findings that 43% of new homeowners report struggling to make on-time mortgage payments.
Planet Home Lending’s Andy Insua: Breaking Down Barriers–Empowering Hispanic Borrowers in Homeownership
One of the most important missions for today’s mortgage loan originators is empowering people and communities in the journey to homeownership. To succeed, we must address the unique challenges facing the Hispanic community, one of the largest and fastest-growing demographic groups in the country.
Building Borrower Loyalty Brick by Brick–Sponsored Content by MeridianLink
MeridianLink® sheds light on actionable strategies for how your LOS can help you gain borrowers’ trust, loyalty, and repeat business.
Quote: May 16, 2024
“The current system allows far-flung agencies to issue far-reaching rules, without consulting each other or even considering the rest of the regulatory landscape. The buck doesn’t stop anywhere. But it should stop somewhere, with someone. That’s why I’m proposing a National Housing Policy Director.”
–MBA President and CEO Robert Broeksmit, CMB
Building Borrower Loyalty Brick by Brick (Sponsored Content by MeridianLink)
MeridianLink® sheds light on actionable strategies for how your LOS can help you gain borrowers’ trust, loyalty, and repeat business.
Quote: May 15, 2024
“While the downward move in rates benefits prospective homebuyers, mortgage rates are still much higher than they were a year ago, while for-sale inventory remains tight.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 10, 2024.
Agustin Del Rio: Don’t Cry for Me, MBA-sita–Profitability Has Never Left You in the Long Term
When Novak Djokovic was once asked who the better tennis player between Roger Federer and Rafael Nadal on a “neutral” surface was, he humorously retorted, “Which surface is that? Ice?”