Industry personnel news from Friday Harbor, Merchants Bank and Rate.
Category: News and Trends
Dealmaker: Mesa West Capital Originates $55M to Refinance Los Angeles Hotel
Mesa West Capital, Los Angeles, originated $55 million in first mortgage debt to refinance a luxury hotel in West Los Angeles.
Premier Member Editorial: How to Improve the Mortgage Lending Process
Pragma Director of Expansion Dan Farrell looks at ways the mortgage process can be improved.
Matic: Home Insurance Affordability Crisis Grows
The housing market faces growing challenges as homeowners’ insurance affordability concerns and coverage limitations persist, according to Matic, Columbus, Ohio.
A ‘No-Bust’ Scenario for National House Prices
Not every housing boom ends in a housing bust, First American Deputy Chief Economist Odeta Kushi writes.
Trepp: CMBS Delinquency Rate Increases Again in July
Trepp, New York, announced the CMBS Delinquency Rate rose for the fifth straight month in July, up 10 basis points to 7.23%.
MBA Supports Nominations of Joe Gormley, Frank Cassidy to Lead Ginnie Mae and Federal Housing Administration
MBA President and CEO Bob Broeksmit, CMB, released two statements over the weekend supporting the nomination of Joe Gormley to serve as President of Ginnie Mae and Frank Cassidy to be Commissioner of the Federal Housing Administration.
Power Up Your Mortgage Marketing [Sponsored content from MeridianLink Mortgage]
With shifting economic signals and the Rocket-Redfin merger shaking up homebuying, how can lenders attract more borrowers today?
Chart of the Week: 2024 HMDA Respondents
A total of 4,758 companies reported lending activity under the Home Mortgage Disclosure Act in 2024, according to MBA’s analyses of the dataset.
MBA Supports Nomination of Joe Gormley to Be Ginnie Mae President
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the nomination of Joe Gormley to serve as President of Ginnie Mae.