This week’s top legislative and policy news from the Mortgage Bankers Association.
Category: News and Trends
MISMO Spring Summit: June 3-6 in San Francisco
MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards.
Earn Your Accredited Mortgage Professional (AMP) Designation
When you graduate from MBA Education’s School of Mortgage Banking, you become an Accredited Mortgage Professional–AMP.
Redfin Finds Half of U.S. Homeowners, Renters Struggle to Afford Housing
Half of U.S. homeowners and renters sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin, Seattle.
Quote: April 8, 2024
“Although job openings have decreased somewhat, there is still strong demand from employers in some sectors of the economy.”
–Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni
Industry Briefs, April 8, 2024
Industry news from RealPage, Blue Sage Solutions, The Mortgage Collaborative and Informative Research.
U.S. Adds 303,000 Jobs in March
Total nonfarm payroll employment grew by 303,000 in March, per the U.S. Bureau of Labor Statistics.
People in the News, April 8, 2024
Personnel news from Argyle, Planet Home Lending and MMI.
ACES Quality Management: Critical Defect Rate Continues to Decline in Q3
ACES Quality Management, Denver, found the overall critical defect rate continued to fall in Q3 2023, by 2.91% to 1.67%.
Mortgage Cadence CEO Pedro Garcia: The Personnel Challenge CEOs Now Face
After years of struggling to attract young people to pursue careers in this field, the mortgage industry is considered fully staffed. But if we can’t keep our people sufficiently motivated, that situation will change.