Industry personnel news from Nationwide Appraisal Network, Xactus and National Investors Title Insurance Co.
Category: News and Trends
Mortgage Credit Availability Increased in March
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
MISMO Seeks Public Comment on Two Issues
MISMO®, the real estate finance industry’s standards organization, is seeking public comment on two issues, the previously published IRS 4506-C dataset and the Ability to Repay Decision Model and Notation white paper.
Fannie Mae: March Home Purchase Sentiment Index Falls Slightly
Fannie Mae’s Home Purchase Sentiment Index decreased 0.9 point in March to 71.9, the first drop since November. However, perceptions of homebuying and selling conditions increased a bit.
Q&A with Lender Price’s Dawar Alimi: How Product Depth is Helping Lenders Drive Volume, Reduce Cost
MBA Newslink recently interviewed Dawar Alimi, CEO and Co-Founder of Lender Price, to discuss the significance of lenders having product depth to drive additional volume, how automation is driving cost reduction and overall efficiencies and the evolving role of technology in shaping mortgage lending.
Rethink Everything You “Know” To Be A Next Gen Loan Officer–A Deeper Dive With the Writers & Experts Webinar Series: Social Media on April 17
Join MBA Education for an illuminating series of webinars featuring Kyle Draper and Brian Vieaux, CMB, as they moderate discussions with a group of esteemed writers and industry experts from the transformative book, “Rethink Everything You ‘Know’ About Being A Next Gen Loan Officer.”
Quote: April 9, 2024
“Credit availability increased in March, driven by growth in conventional credit. There were increased offerings of cash-out refinance loan programs across fixed and ARM loans, as well as for all occupancy types.”
–Joel Kan, MBA Vice President and Deputy Chief Economist
Single-Tenant Net Lease Cap Rates Increase
Cap rates in the single-tenant net lease sector increased for the eighth consecutive quarter in early 2024, according to The Boulder Group, Wilmette, Ill.
Dealmaker: Gantry Secures $7.15M Loan for California Winery
Gantry, San Francisco, announced a $7.15 million construction-to-permanent loan for the build-to-suit development of facilities for Auteur Wines.
MBA Chart of the Week: Payroll Growth and Unemployment
Our Chart of the Week focuses on Friday’s Employment Situation report released by the Bureau of Labor Statistics.