“Our current forecast is for national home prices to decline by 0.6 percent in Q4 2023 relative to Q4 2022.”
–From the MBA Chart of the Week.
Category: News and Trends
CONVERGENCE Partner Profile: Pharrah Jackson of Greystone
Pharrah Jackson is a Vice President with Greystone’s Dedicated Affordable Housing Platform, responsible for assisting borrowers in financing their multifamily housing transactions. She is a member of MBA’s Affordable Rental Housing Advisory Council.
Industry Briefs June 12, 2023
Industry news briefs from Ginnie Mae, Freddic Mac, LenderLogix, ClearValue and Voxtur.
Owning a Home Still Important in Vision of ‘Good Life,’ Survey Says
Aspirations to homeownership remain high, despite rising interest rates and home prices.
CoreLogic Reports Borrowers See First Annual Home Equity Losses Since 2012
U.S. homeowners with mortgages saw their home equity decrease by 0.7% year-over-year–an average loss of $5,400 per borrower–according to CoreLogic, Irvine, Calif.
Christine Chandler of M&T Realty Capital Corp. Nominated to Be 2024 MBA Vice Chair
The Mortgage Bankers Association announced that Christine Chandler, Executive Vice President, Chief Credit Officer and Chief Operating Officer with M&T Realty Capital Corp. (RCC), has been nominated to serve as MBA’s Vice Chair for the 2024 membership year.
Mark P. Dangelo: In an AI Reimagined Financial World, It Begins with the Consumer (Part 2)
What happens when those breathtaking artificial intelligence (#AI) solutions are wrong? Moreover, when AI systems “talk” or cascade to other downstream AI systems, how can erroneous information in across data-driven, data-as-a-product solutions be recalled without influencing or cascading into blackholes of consumer chaos, frustration, and account loss?
David Allison from Dovenmuehle: Context Is Key in Formulating a Response to Mortgage Default Data
For those who attended MBA’s Servicing Solutions Conference in February, the unveiling of the delinquency data for the fourth quarter of 2022 caused quite a stir.
Industry Briefs June 9, 2023
Industry news briefs from Ginnie Mae, Freddic Mac, LenderLogix, ClearValue and Voxtur.
CoreLogic Reports Borrowers See First Annual Home Equity Losses Since 2012
U.S. homeowners with mortgages saw their home equity decrease by 0.7% year-over-year–an average loss of $5,400 per borrower–according to CoreLogic, Irvine, Calif.