The Dodge Momentum Index rose 3% in December to 186.6 from November’s 181.5 reading, indicating more nonresidential buildings going into the planning stage.
Category: News and Trends
MISMO Honors Annual Award Recipients at 2024 Winter Summit
MISMO, the real estate finance industry’s standards organization, announced the recipients of its MISMO Awards program during its 2024 Winter Summit. The MISMO Awards program recognizes the volunteer contributors for their efforts to advance MISMO standards, increase participation and support the organization.
Industry Briefs, Jan. 12, 2024
Industry news from Blue Sage Solutions, FundingShield, FICO and CrossCountry Mortgage.
FHFA TechSprint Spotlights Themes Related to Mortgage Technology
The Federal Housing Finance Agency last summer held its “Velocity” TechSprint, bringing people together to ponder how data digitization could drive transparency and increase access, fairness, affordability and sustainability in mortgage lending. FHFA briefed MISMO Winter Summit attendees about the program Monday.
Quote: Jan. 11, 2024
“We had a big, audacious goal of bringing together the mortgage industry to collaborate with each other and with the regulator to iterate on big ideas toward solving some of the industry’s most intractable problems in the use and adoption of responsible tech and innovation in mortgage processes today.”–FHFA’s Anne Marie Pippin, speaking about a recent TechSprint at the MISMO Winter Summit
Redfin: Median Asking Rent Continues to Decline
Redfin, Seattle, reported the median U.S. asking rent fell 0.8% year-over-year in December, marking the third consecutive decline.
MBA State of the Association 2025: Jan. 15
Join MBA’s President and CEO, Robert Broeksmit, CMB, January 15 from 2:00 PM to 2:30 PM ET for a members-only State of the Association address.
BeSmartee’s Tim Nguyen on 2024 Strategies for Mortgage Executives–Breaking Down Expenses, Technology and the 20% Volume Surge
For most mortgage lenders, 2024 will be a better year, but not a great year due to too many chasing a finite market. 2024 is what I call a “foundational year,” where you rebuild the very structure your business sits upon.
MBA Weekly Survey: Mortgage Applications Increase
Mortgage applications increased 9.9% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 5, 2024.
BeSmartee’s Tim Nguyen: 2024 Strategies for Mortgage Executives–Breaking Down Expenses, Technology and the 20% Volume Surge
For most mortgage lenders, 2024 will be a better year, but not a great year due to too many chasing a finite market. 2024 is what I call a “foundational year,” where you rebuild the very structure your business sits upon.