MBA NewsLink interviewed Allen Price, SVP at BSI Financial, about the trends he saw in the servicing market in 2023, and what he thinks may be to come this year.
Category: News and Trends
Quote: Feb. 8, 2024
“MBA continues to be a fierce proponent for legislative reforms that stop the abusive use of mortgage trigger leads while preserving their value in appropriately limited circumstances during a real estate transaction.”
–MBA President and CEO Robert Broeksmit, CMB, discussing the introduction of the bipartisan Homebuyers Privacy Protection Act in the U.S. House of Representatives
ICE Mortgage Technology: Embracing Automation for a Frictionless Mortgage Experience (Sponsored Content)
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Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.7% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Feb. 2, 2024.
MBA National Advocacy Conference, April 8-9
MBA’s National Advocacy Conference is the only advocacy event focused solely on real estate finance issues. Through NAC25, we have one collective voice to influence major positive change for the real estate finance industry and the communities we serve.
Job Growth Drives Home Price Gains in December, CoreLogic Reports
CoreLogic, Irvine, Calif., reported annual U.S. home price growth increased to 5.5% in December, the highest rate of appreciation recorded since January 2023.
Embracing Automation for a Frictionless Mortgage Experience: Sponsored Content From ICE Mortgage Technology
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Quote: Feb. 7, 2024
“Last winter’s mortgage rate surge impacted seasonal home price changes in many markets and suggests that annual gains may have reached the cycle peak and will level off in the coming months.”
–Selma Hepp, chief economist for CoreLogic
CMBS Delinquency Rate Ticks Upward: Trepp
The CMBS delinquency rate rose modestly in January, increasing 15 basis points to 4.66%, according to Trepp, New York.
Dealmaker: JLL Capital Markets Arranges $18.4M in Acquisition Financing
JLL Capital Markets, Chicago, arranged $18.4 million in acquisition financing for a retail center in the Washington, D.C., suburb of Hyattsville, Md.