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?”
Category: News and Trends
Building Borrower Loyalty Brick by Brick–Sponsored Content from MeridianLink
MeridianLink® sheds light on actionable strategies for how your LOS can help you gain borrowers’ trust, loyalty, and repeat business.
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?”
Quote: May 14, 2024
“New home purchase activity increased at a healthy pace in April 2024 after a slight pause in March. Applications to purchase newly constructed homes increased 22% over the year and have now shown annual gains for 15 consecutive months.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
MCT: Almost 2% Lock Volume Increase in April
Mortgage Capital Trading, San Diego, released its MCT May Indices Report, covering volumes from April. It found a 1.87% increase in mortgage lock volume compared with March.
MBA Chart of the Week: Monthly Payroll Growth, Average Hourly Earnings
The Federal Open Market Committee (FOMC) left the federal funds target unchanged at its May meeting, as incoming data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the expected timing of a first rate cut.
Industry Briefs, May 14, 2024
Industry news from Fannie Mae, Experian, Panorama Mortgage Group, ACES Quality Management and Dark Matter Technologies.
About the MBA Career Center
The Mortgage Bankers Association’s Career Center provides sophisticated job recommendations and job seeker resources to those impacted by downsizing. Improve your resume with a free review.
People in the News, May 13, 2024
Industry personnel news from Ginnie Mae, Planet Home Lending, Mobility Market Intelligence and Xactus.
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?”