The American Land Title Association’s Good Deeds Foundation highlighted CONVERGENCE Memphis with a recent video. The ALTA Good Deeds Foundation awarded a grant to the program last year.
Category: News and Trends
GDP Growth Rate Jumps in Third Quarter
U.S. economic growth showed a strong 4.9% pace in the third quarter, the U.S. Commerce Department reported Thursday.
CONVERGENCE Columbus Launches Bloom614 Homebuyer Readiness Program
The Mortgage Bankers Association (MBA) announced that CONVERGENCE Columbus launched the Bloom614 Homebuyer Readiness Program. The pilot program provides an innovative, digital coaching experience for aspiring homebuyers through a partnership with CredEvolv, a credit and debt management technology tool.
Industry Briefs Oct. 30, 2023
Industry news from HUD, FutureWave Finance, Insellerate, Down Payment Resource and nCino.
Dodge Momentum Index Rises 3% in September Following August Decline
The Dodge Momentum Index improved 3% in September to 182.5 (2000=100) from the revised August reading of 178.0, according to the Dodge Construction Network, Hamilton, N.J.
Redfin Reports New Listings, Pending Sales Ticked Up in September
New listings climbed 1.4% month-over-month in September–the largest increase since February 2022–according to Redfin, Seattle.
Pending Home Sales Rise 1.1%
Pending home sales rose 1.1% in September, the National Association of Realtors reported Thursday.
CONVERGENCE Partner Profile: Brody Wamble of Simmons Bank
(One in a recurring series about MBA CONVERGENCE, the Mortgage Bankers Association’s affordable housing initiative.)
Dealmaker: Greystone Announces Deals in New Jersey, California
Greystone, New York, announced recent deals in New Jersey and California.
SAP Fioneer’s David Bomser: How Lenders Can Reimagine Mortgages Using ERPs (Sponsored Content)
The mortgage is changing. Fast. But, says SAP Fioneer’s David Bomser, sometimes you have to go backwards to truly go forwards.