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Category: News and Trends
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association. MAA is dedicated …
Dealmaker: Dwight Capital Announces Three Deals
Dwight Capital, New York, announced three recent transactions in Oregon, Connecticut and Rhode Island.
Black Knight: Seriously Delinquent Mortgages Tumble
In its “first look” release of June mortgage performance statistics, Black Knight, Jacksonville, Fla., found that seriously delinquent mortgages hit the lowest level in more than 15 years.
MISMO Releases Consumer-Facing Charge, Fee Naming Guide
MISMO, the real estate finance industry’s standards organization, announced the Consumer-Facing Charge and Fee Guide has reached “Candidate Recommendation” status, meaning it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.
Devin Daly of TRUE: AI is Changing Quality Control and Transforming the Mortgage Industry
MBA NewsLink interviewed Devin Daly, Chief Revenue Officer with TRUE about how AI is Transforming the Mortgage Industry.
MBA Chart of the Week July 24, 2023
The divergence between existing and new home sales activity continues to grow. This MBA Chart of the Week compares data from our Builder Applications Survey, which captures home purchase applications on newly constructed homes taken by mortgage companies affiliated with home builders, and the Weekly Applications Survey, which covers a broader sample of lenders who originate loans in the retail and consumer direct channels.
MBA Advocacy Update July 24, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
Quote: July 24, 2023
“The research and analysis provided in this white paper represents an important step toward helping bring awareness to the industry about the potential for blockchain technology to benefit our business.”
–MISMO President David Coleman, discussing a new white paper that outlines findings on how blockchain technology could enhance the way mortgages are originated, serviced, sold and traded.
Existing Home Sales Fall 3.3% in June
The National Association of Realtors, Chicago, reported existing home sales dropped 3.3% in June from May to a seasonally adjusted annual rate of 4.16 million. Sales were down 18.9% compared with June 2022.