Red Oak Capital Holdings, Grand Rapids, Mich, provided $8.3 million to complete refurbishment and re-tenanting an office property in Hoffman Estates, Ill.
Category: News and Trends
Construction Spending Dips in February
The Census Bureau on Monday reported construction spending in February dipped to a seasonally adjusted rate of $1,844.1 billion, 0.1 percent below the revised January estimate of $1,845.4 billion. The …
Sponsored Content from CreditXpert: The Hidden Revenue Growth Tool: Credit Score Improvement and Loan Level Price Adjustments
The new loan level price adjustments and credit score improvement can drive revenue growth. Here’s how.
Quote: Apr. 4, 2023
“I believe in the use of technology to create good for the world. AI is a fundamental technology that is going to change the human race.”
–Manoj Saxena, Chairman of AI Global, London, speaking Monday at the MBA Technology Solutions Conference & Expo.
MBA Advocacy Update Apr. 3, 2023
On Wednesday, the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will allow borrowers facing financial hardship to defer up to six months of mortgage payments.
MBA Chart of the Week Mar. 31, 2023: Housing Cost Burden Rates by Income Level
In this week’s MBA Chart of the Week, we look at housing cost ratios by household income level, using data from the 2021 American Housing Survey.
People in the News Apr. 4, 2023: Dovenmuehle Adds Anna Krogh as VP Business Development
Dovenmuehle Mortgage Inc., Lake Zurich, Ill., hired Anna Krogh as vice president of business development, responsible for growing Dovenmuehle’s client list by sourcing new prospects and fostering and developing long-term relationships and clients.
MBA Education Path to Diversity Scholar Profile: Kim King, AMP
Kim King, AMP, is Director of Mortgage Operations for Bryant Bank, Tuscaloosa, Ala.
Call for Speakers: MBA Annual Convention & Expo; Deadline June 2
Speaker proposals for breakout sessions are now being accepted for the MBA Annual Convention & Expo 2023, taking place October 15-18 at the Pennsylvania Convention Center in Philadelphia. This is the industry’s largest convention and expo focused on residential real estate finance.
Audra Agen of Accenture: Saluting Women in the Mortgage Industry
As Women’s History Month ends, I find myself reflective of my 25+ year career in this industry and the women that have played a part in shaping my experience. I would be remiss if I did not acknowledge their impact on my career; they have mentored, trained, and at times, pushed me beyond what I thought my limits were.