While AI is all the hype right now, AI as a field dates back to 1956, marked by the Dartmouth Conference that brought together researchers interested in neural networks, the theory of computation and automating intelligence.
Category: News and Trends
MISMO Seeks Public Comment on Updated Life of Loan Process Model
MISMO, the real estate finance industry’s standards organization, announced that it is seeking comment on the latest version of the MISMO Life of Loan Process Model.
MBA Advocacy Update April 22: GSEs Confirm Existing Policy on Interested Party Contributions
This week’s top legislative and policy news from the Mortgage Bankers Association.
Upcoming MBA Education Webinars, All Complimentary to Members
All MBA Members receive the following best-in-class education: complimentary access to all online education webinars and webinar recordings.
MBA Statement on the Resignation of Ginnie Mae President Alanna McCargo
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the resignation of Ginnie Mae President Alanna McCargo:
Quote: April 22, 2024
“In a marked change from recent years, with declines in new tenant rents each of the last two quarters, apartment turnovers are now exerting downward, rather than upward, pressure on rents.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
BeSmartee’s Tim Nguyen–AI: One Bite at a Time
While AI is all the hype right now, AI as a field dates back to 1956, marked by the Dartmouth Conference that brought together researchers interested in neural networks, the theory of computation and automating intelligence.
RentCafe: Build-to-Rent Housing Continues Boom
RentCafe, Santa Barbara, Calif., reported 27,500 build-to-rent homes were completed in 2023. That’s a 75% increase from 2022.
MBA Statement on HUD Updates to Wind and Named Storm Requirements
MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding the Department of Housing and Urban Development’s (HUD) updates to its wind and named storm policy for Federal Housing Administration (FHA) multifamily loans.
NAR: Existing-Home Sales Fall 4.3% in March
The National Association of Realtors, Chicago, reported existing-home sales fell 4.3% in March to a seasonally adjusted annual rate of 4.19 million.