Stores with multiple ways to engage with customers have a solid, defensible position in the retail landscape given consumer preference for some level of in-person shopping, reported Fitch Ratings, New York.
Category: News and Trends
MBA Education Creates Residential Educator of the Year Award
MBA Education, the education division of the Mortgage Bankers Association, announced creation of the Residential Educator of the Year Award, an annual company-level award that will be presented for the first time at the MBA 2023 Annual Convention and Expo, October 15 – 18 in Philadelphia.
Dealmaker: iBorrow Provides $15.6 Million for Atlanta Retail Center
iBorrow, Los Angeles, provided a $15.6 million loan to support acquisition of a highly leased retail center in Roswell, Ga.
Out-of-Town Moves Remain Popular as High Housing Costs Push Homebuyers to More Affordable Areas
Redfin.com home searchers looking to relocate to a new metro fell by 4.2% from a year earlier in the first quarter, compared to a 15.6% drop for those looking to move within their current metro. Those are the biggest drops in Redfin’s records, which go back through 2018.
Casey Cunningham of XINNIX on Why Today’s Mortgage Downturn is Best Time to Upskill
The current mortgage industry downturn, while extremely challenging, is also an opportunity for banks to upskill for the future, says Casey Cunningham, CEO/Founder, XINNIX. Specifically, she recommends that leaders use this time to re-evaluate their approach to sales, and potentially discover exciting new paths to growth.
MBA Welcomes Its New Members
The Mortgage Bankers Association welcomed the following new members in April:
Sponsored Content from Wolters Kluwer: Rethinking Digital Lending in A Down Market; Focus on What You Need and Then Start Where You Can
This article will discuss the benefits re-engaging digital initiatives on a more modest scale in the current environment in order to be ready for when the market normalizes.
People in the News May 2, 2023: Vanguard University Names School of Business after New American Funding’s Patty Arvielo
Vanguard University, Costa Mesa, Calif., an Hispanic-Serving Institution announced naming of the Patty Arvielo School of Business and Management; it is the first business school in the U.S. to be named after a Latina.
MBA Chart of the Week Apr. 28, 2023: Commercial/Multifamily Mortgage Debt Outstanding
Two questions have dominated the CRE headlines of late: a) the reliance of banks on commercial real estate and b) the reliance of commercial real estate on banks. We addressed the former in a previous Chart of the Week.
MBA Education Path to Diversity Scholar Profile: Lauren Tabas
Lauren Tabas is Business Control Director with Cenlar FSB, Ewing, N.J. She previously served as partner with a law firm in Philadelphia.