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Category: News and Trends
MBA Member Demo Days
MBA regularly hosts Member Demo Days, afternoons of specialized programming, live demos and Q&A. Open to all MBA members at no charge, Member Demo Days conveniently provide today’s latest technology solutions to help you face operational challenges.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.7% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 22, 2024.
S&P CoreLogic Case-Shiller Report Finds 6.0% Annual Home Price Growth
U.S. house prices continue to increase, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index reporting a 6.0% annual gain in January, up from 5.6% in December.
MISMO Surpasses 100 Professional Certification Designations Milestone
MISMO, the real estate finance industry’s standards organization, today announced it has issued more than 100 professional certifications since the program’s inception. MISMO offers two levels of professional certification for individuals: Associate MISMO Standards Professional (AMSP TM ) and Certified MISMO Standards Professional (CMSP®).
First American’s Mark Fleming–How ‘Higher for Longer’ Impacts the Housing Market
In January, mortgage rates declined and affordability improved by nearly 2 percent compared with December, according to First American’s Real House Price Index. However, on an annualized basis, affordability decreased by approximately 7 percent.
Quote: March 27, 2024
“Homeowners most likely saw healthy gains in the last year, no matter what city you were in, or if it was in an expensive or inexpensive neighborhood. No matter which way you slice it, the index performance closely resembled the broad market.”
–Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P DJI.
MBA NewsLink Q&A with LoanCare President Dave Worrall
MBA NewsLink recently interviewed Dave Worrall, president of LoanCare, which provides full-service subservicing and interim subservicing to the mortgage industry.
RealPage Survey Reveals Multifamily Fraud Is on the Rise
RealPage, Richardson, Texas, found more than 75% of survey participants report an increase in rental fraud in their multifamily communities in the past year.
JLL: Commercial Landlords Eye Solar Energy, Despite Challenges, Questions
JLL, Chicago, found in a recent survey that 43% of commercial landlords globally would like to increase solar photovoltaic panel coverage to reach 50-75% of their portfolio.