Digital and industry reimaging has provided a new, integrated product solution defined by equal parts of data sciences, technologies, and business experience. Data-as-a-Product (DaaP) represents a process and organizational mindset-shift for many within financial and mortgage services, yet when adopted, the new revenue generated and efficiencies gained, illustrates the next-gen business cycle.
Category: News and Trends
Fitch: RMBS Servicers Focus on Post-Pandemic Performance
Fitch Ratings, New York, said mortgage servicers are anticipating increased regulatory scrutiny in 2023 as borrowers continue to exit forbearance assistance plans and seek help with their mortgage payments.
2023 mPact Summit March 7: Developing Your Executive Presence
Join real estate industry young professional peers for the inaugural MBA mPact Summit on Tuesday, March 7 in Plano, Texas.
Ginnie Mae Finalizes Revised Requirements for Pooling Re-Performing Mortgage Loans
Ginnie Mae this week revised pooling requirements for re-performing loans with the publication of All Participants Memorandum (APM) 23-03.
Largest Negative Returns for Institutional Real Estate Since Great Recession
The National Council of Real Estate Investment Fiduciaries reported institutional-quality commercial real estate returned -3.50% for the fourth quarter, the first negative return since the 2020 COVID pandemic and the largest since the Great Recession.
Homebuyers See Relief from Prices, Monthly Payments
Redfin, Seattle, said homebuyers in many markets are starting to see relief from home prices and monthly payments.
Initial Claims Fall to 9-Month Low
In the third of four major jobs reports this week, initial claims for unemployment insurance fell to their lowest level since last April, the Labor Department reported Thursday.
Dealmaker: George Smith Partners Secures $14M for Memphis Student Housing
George Smith Partners, Los Angeles, secured a $14.4 million permanent loan for an 85-unit, 208-bed student housing property near the University of Memphis.
Dawar Alimi of Lender Price: How Quality APIs Are Helping Lenders Drive Modernization and Operational Efficiency
Dawar Alimi is CEO and Co-Founder of Lender Price, Pasadena, Calif., a provider of cloud-native pricing technology to the lending space. He has more than two decades of mortgage industry expertise, during which he has built industry-leading technology and founded several companies.
Dale Larson III of Modex: Three ways to build a better LO team in 2023
The outlook for 2023 remains uncertain – but we can anticipate more change, which necessitates new approaches and solutions. While there is no silver bullet, there are tangible things you can do to meet the moment and strengthen your team in 2023.