“Economic conditions are still hitting at the most critical moments in the homeownership process: the down payment, the monthly payment and the first five years of homeownership, when capital assets are at their most critical.”
–David Battany, Executive Vice President of Capital Markets with Guild Mortgage Co., San Diego.
As the mortgage market continues to evolve, mortgage servicers face new challenges and opportunities. A solid understanding of the latest industry trends, economic outlook, and regulatory requirements is essential for success in this competitive landscape.
Redfin, Seattle, said home price growth trends in spring 2022 hit the highest metro-to-metro variation since the Great Recession.
MISMO®, the real estate finance industry standards organization, seeks public comment on a new set of enhanced work products created by the Closing Instructions Development Workgroup, designed to create a common format for closing instructions.
Mortgage applications fell again last week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 19.
NEW YORK–Not everyone can become a member of the Federal Home Loan Bank System—just ask most independent mortgage banks.
MISMO®, the real estate finance industry’s standards organization, announced that its Emerging Technologies Community of Practice will begin discussions focused on impacts of Artificial Intelligence within the mortgage finance industry. The discussions will take place at the MISMO Spring Summit in Portland, Ore., June 5-8, 2023.
NEW YORK–Mortgage Bankers Association Chief Economist Mike Fratantoni and Nicholas Maciunas, Executive Director with JPMorgan Chase, New York, offered a cautiously optimistic but guarded economic outlook here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo.
In the ever-changing landscape of the mortgage industry, adaptability and technological innovation have become crucial for lenders seeking success in the current market. As mortgage rates fluctuate and homebuyers exercise caution, lenders must pivot their strategies and embrace digital lending solutions to drive business excellence.
Bandon Capital Advisors, Los Angeles, arranged a $14 million loan for BLT Enterprises that refinanced a 49,000-square-foot single-tenant creative office building in El Segundo, Calif.
