Quote: Oct. 5, 2023

“We’ve got a 44-year low in mortgage delinquencies.”
–MBA President and CEO Robert Broeksmit, CMB, on CNBC’s Closing Bell Overtime

MBA Weekly Survey Oct. 4: Mortgage Applications Decrease

Mortgage applications decreased 6.0 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 29, 2023.

Mark P. Dangelo: Playing Chicken with the Data Freight Train

The “mastery” of data is not about how much you capture, how large your data warehouses or lakes become, or the native cloud provisioning solutions you deploy—it is about creating, sustaining, and utilizing a data supply chain already being deployed by non-traditional lenders.  To think otherwise is akin to “playing chicken” with a freight train—hoping somehow it will veer from its tracks and spare you.

MBA Education Advantage: Learn for Less

MBA Education Advantage is an annual subscription-based training that provides your organization with unlimited access to 200-plus self-studies, complimentary seats in specific courses, discounts on designations and much more.

Mark P. Dangelo: Playing Chicken with the Data Freight Train

The “mastery” of data is not about how much you capture, how large your data warehouses or lakes become, or the native cloud provisioning solutions you deploy—it is about creating, sustaining, and utilizing a data supply chain already being deployed by non-traditional lenders.  To think otherwise is akin to “playing chicken” with a freight train—hoping somehow it will veer from its tracks and spare you.