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.
Category: News and Trends
Industry Briefs Sept. 21, 2023
Industry briefs from Black Knight, Grid151 and Land Gorilla.
Quote: Sept. 21, 2023
“As expected, the Federal Reserve did not change its federal funds rate target at the September meeting. However, the FOMC members’ projections signal that they believe they are not yet done in their fight to bring inflation down. The majority of FOMC members still expect another hike this year, even though core inflation has slowed.”
–MBA Chief Economist Mike Fratantoni
Sponsored Content from ACES Quality Management: How QC Drives Profit Preservation
Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
MISMO Summit: What MBA Economists Expect
WASHINGTON–The Federal Reserve has made progress in fighting inflation, but high mortgage rates are still distorting the market, MBA Vice President and Deputy Chief Economist Joel Kan said here at the MISMO Fall Summit.
MBA Weekly Survey Sept. 20: Mortgage Applications Increase
Mortgage applications increased 5.4 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 15, 2023.
mPower Presents: Maintaining Inspiration and Resilience in the Current Market–Sept. 21
Join mPower for an in-depth discussion on gaining a new perspective and how to stay inspired while navigating the choppy waters of the present-day market. Participants will be given tools that will empower them to reach their peak in work and life with confidence and optimism.
Make the Most of Your MBA Nonprofit Membership Webinar Sept. 21
As a member of the Mortgage Bankers Association, you and your company are entitled to many benefits. We invite you to a complimentary webinar, Make the Most of Your MBA Nonprofit Membership, on September 21 from 12:00-1:00 PM ET to learn more about your benefits.
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.
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.