CBRE, Dallas, is forecasting a recovery in revenue per available room growth for hotels in 2024.
Category: News and Trends
Sponsored Content from ICE Mortgage Technology: How to Effectively Navigate the Evolving Mortgage Lending Regulatory Environment
For mortgage lenders, constantly changing laws and regulations can make staying current with compliance requirements time-consuming and costly. It takes a collaborative effort to stay on top of it all, and everyone within your organization plays a crucial role.
MBA Chart of the Week: Existing Home Sales (SAAR) and Purchase Mortgage Applications (SA)
This week’s Chart of the Week highlights the paths of existing home sales and purchase applications over the past five years.
ICE First Look for October: Serious Delinquencies Hit Lowest Levels Since 2006
Intercontinental Exchange Inc., Atlanta, released its “first look” at October 2023 month-end mortgage performance statistics, noting that serious delinquencies have fallen to their lowest level in 17 years.
Quote: Nov. 27, 2023
“Those who are sidelined by high prices and rates not only can’t afford a home now, but they’re not building wealth through homeownership for the future.”
–Redfin Senior Economist Sheharyar Bokhari
Redfin: 1 in 3 Homebuyers Paying All Cash, Highest Share in Nearly a Decade
Redfin, Seattle, reported the share of homes bought in all cash hit its highest level since 2014 in September as elevated mortgage rates made paying in cash more attractive.
MBA Weekly Survey Nov. 22: Applications Increase
Mortgage applications increased 3.0 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending November 17, 2023.
Messagepoint’s Patrick Kehoe: Leveraging Generative AI for Borrower Communications That Resonate
Among the most widely discussed aspects of generative AI–a category of artificial intelligence that can produce various types of content including text-producing tools such as ChatGPT and Bard–is its potential to cater to the demand for personalized communications and streamline the workflows required to create them.
MISMO Winter Summit Jan. 8-11, 2024
MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards. Your participation helps make the digital future possible.
Lender Price’s Dawar Alimi: Unleashing the Power of an Advanced Pricing Engine
The implementation of a sophisticated pricing engine can lead to significant benefits for lenders. By leveraging advanced algorithms and analytical techniques, lenders can optimize their pricing strategies, increase revenue and improve customer satisfaction.