Rob Nunziata is co-founder and CEO of ActiveComply, Orlando, Fla., a provider of cloud-based platforms that help companies in highly regulated industries stay compliant. He is also Co-CEO of Orlando-based FBC Mortgage LLC, one of the nation’s largest retail home lenders.
Category: News and Trends
Quote: Feb. 13, 2023
“Any discrimination in the housing market that makes homeownership less accessible to minority communities can widen the wealth gap between them and White households. Especially during economic crises, households with lower wealth are worse-off because they have fewer financial resources to adapt and recover.”
–Reena Agrawal, Research Economist with Veros Real Estate Solutions, Santa Ana, Calif.
Michael Carpenter of Ncontracts: 5 Steps for Easing into ERM
One common mistake mortgage companies make when faced with an overwhelming task like building out a risk management program is to kick the can down the road. They decide they are too busy, and the job is too big, so they’ll dig in once things quiet down. This creates two problems
Michael Carpenter of Ncontracts: 5 Steps for Easing into ERM
One common mistake mortgage companies make when faced with an overwhelming task like building out a risk management program is to kick the can down the road. They decide they are too busy, and the job is too big, so they’ll dig in once things quiet down. This creates two problems
Dealmaker: George Smith Partners Secures $46M For Houston Multifamily
George Smith Partners, Los Angeles, secured $46 million to refinance two Houston multifamily properties.
Office Market Closes 2022 with Rising Vacancies, Declining Sales
The office sector remains unsettled even nearly three years after the COVID-19 pandemic broke out, reported CommercialEdge, Santa Barbara, Calif.
Initial Claims Up 1st Time in 6 Weeks
Initial claims for unemployment insurance rose for the first time since late December, the Labor Department said Thursday, although the labor market remains tight and robust.
Foreclosure Activity Up 21st Straight Month
ATTOM, Irvine, Calif., said January foreclosure filings rose by 36 percent from a year ago and by 2 percent from December, although they remained low by historical standards.
RIHA Releases Collection of Essays on Impact of Climate Change on Real Estate Finance
The Mortgage Bankers Association’s Research Institute for Housing America published a new collection of essays addressing the impacts of climate change on the real estate finance industry.
January Mortgage Credit Availability Flat for 2nd Straight Month
Mortgage credit availability fell by just 0.1 percent in January and has held flat for the past two months, the Mortgage Bankers Association reported Thursday.