At a high level, the fundamentals of the data center sector remain strong, especially relative to other types of real estate, but rising interest rates have put downward pressure on valuations.
Category: News and Trends
MBA Education Path to Diversity Scholar Profile: Dawn Hooper
Dawn Hooper has been in the mortgage industry since 1998. She has held various positions in all channels of the mortgage process. She was instrumental in the induction of licensing in her home state of North Carolina and at a national level, working closely with lawmakers and the Nationwide Mortgage Licensing System. Dawn was previously honored as the Virginia Mortgage Lenders Association Associate of the Year.
Quote: Mar. 15, 2023
“While lower rates should buoy housing demand, the financial market volatility may cause buyers to pause their decisions. Refinance activity remained more than 70 percent behind last year’s level, as rates are still more than two percentage points higher than a year ago. The dip in rates did bring some borrowers back as evidenced by the 5 percent increase in refinance applications last week.”
–Joel Kan, MBA Vice President and Deputy Chief Economist.
Mortgage Credit Availability at 10-Year Low
Mortgage credit availability fell in February to its lowest level in more than 10 years, the Mortgage Bankers Association reported Tuesday.
MBA Announces Members of 2023 Affordable Rental Housing Advisory Council
The Mortgage Bankers Association announced the members of its 2023 Affordable Rental Housing Advisory Council.
Alesha Briley, CMCP, and Leanne Minghini of Ncontracts: What Story is Your HMDA Data Telling?
Telling your mortgage company’s Home Mortgage Disclosure Act story is essential for fair lending compliance. It begins with data collection and ends with data analysis. An effective HMDA data process involves eight steps.
MBA Premier Member Profile: Asurity
Asurity, founded in 2015, combines RegTech SaaS with industry expertise to help automate compliance and product innovation in mortgage
Mortgage Credit Availability at 10-Year Low
Mortgage credit availability fell in February to its lowest level in more than 10 years, the Mortgage Bankers Association reported Tuesday.
MBA Announces Members of 2023 Affordable Rental Housing Advisory Council
The Mortgage Bankers Association announced the members of its 2023 Affordable Rental Housing Advisory Council.
HUD Proposes $73.3 billion Fiscal 2024 Budget
HUD on Monday submitted a $73.3 billion fiscal 2024 budget, an increase of $1.1 billion from the current fiscal 2023 enacted funding level, including $104 billion for new mandatory affordable housing investments.