Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
Category: News and Trends
Quote: Sept. 22, 2023
“Bloom614 takes transparency a step further by educating the community on the history of racial housing discrimination while beckoning residents to see homeownership as an opportunity to rewrite history and inspiring stakeholders to join the cause.”
–Anna Teye-Kasongo, Director of Community Partnerships for the Affordable Housing Alliance of Central Ohio.
MISMO Seeks Nominations for Standards Governance Committee Members by Oct. 6
MISMO, the real estate finance industry’s standards organization, seeks nominations for qualified industry professionals to serve on MISMO’s Standards Governance Committees for a two-year term beginning in January 2024. Positions are available on both the Residential and Commercial Standards Governance Committees.
Builder Confidence Drops in September, NAHB Reports
High mortgage rates are continuing to erode builder confidence, the National Association of Home Builders, Washington, D.C., reported, noting the sentiment levels dropped below the break-even measure of 50 for the first time in five months.
BSI Financial Services’ Allen Price: How Digital-First Subservicers Are Revolutionizing Servicing
While mortgage origination has experienced massive improvements through digital technology, the same has not always been true for the servicing side of the business.
MBA Opens Doors Foundation Kicks Off 2024 Fundraising Season with Nearly $2.7 Million in Donations
The MBA Opens Doors Foundation announced it received $2,684,526 in corporate and individual donations during its Annual Appeal fundraising campaign to kick off fiscal year 2024, held Sept. 5-7. The proceeds will support the Foundation’s mission of helping vulnerable families with critically ill or injured children stay in their homes while their child is in treatment.
JLL’s Mike Ellis and Tony Lenamon Discuss CRE Valuation and Risk Advisory
MBA NewsLink interviewed JLL Value and Risk Advisory group CEO Mike Ellis and Head of Client Engagement Tony Lenamon about commercial real estate valuation and other challenges.
Industry Briefs Sept. 22, 2023
Industry briefs from Black Knight, Grid151 and Land Gorilla.
Fed Keeps Rates Steady But Suggests Possible Increase Later This Year
The Federal Open Market Committee held rates steady on Wednesday but suggested a possible rate increase later this year.
BSI Financial Services’ Allen Price: How Digital-First Subservicers Are Revolutionizing Servicing
While mortgage origination has experienced massive improvements through digital technology, the same has not always been true for the servicing side of the business.