MISMO Seeks Public Comment on ESG Reference Material 

MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the new Defining the E and S Reference Guide and the related Data Implementation Considerations Guide.

MBA Weekly Survey Sept. 6: Mortgage Applications Decrease

Mortgage applications decreased 2.9 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Sept. 1, 2023.

Sept. 13: Budgeting and Financial Planning for Non-Believers

Let’s face it, budgeting and financial planning may not be glamorous, and many mortgage bankers will say, “Tell me what rates will be, and I’ll tell you how much money we’ll make.” But this isn’t a viable approach to a dynamic and difficult industry, and the top-performing mortgage bankers would never take this same approach.

Quote: Sept. 6, 2023

“Mortgage applications declined to the lowest level since December 1996, despite a drop in mortgage rates.”

–Joel Kan, MBA’s Vice President and Deputy Chief Economist