With ongoing competition for every loan, lenders must focus on reducing borrower friction to win customer loyalty, Equifax Workforce Solutions’ Jarod Jones writes.
Category: News and Trends

Understanding Parametric Insurance: A Lender’s Guide to Maximizing Protection and Efficiency-April 10
About the EventIn an ever-evolving risk landscape, traditional insurance may not always provide the speed and certainty businesses need. Parametric insurance offers a tailored, efficient alternative. This webinar explores the …

MISMO Seeks Comment on SMART Doc V3 Security Instrument Specification
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the SMART Doc V3 Security Instrument Specification. The 60-day public comment period will run through May 24, 2025.

Census Bureau, HUD: February New Single-Family Home Sales Up
Sales of new single-family homes were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly March 25 by the U.S. Census Bureau and the Department of Housing and Urban Development.

Dealmaker: M&T RCC Closes $65.8M Loan in New Jersey
M&T Realty Capital Corp., Baltimore, announced it closed a $65,750,000 Fannie Mae Loan for a multifamily property in Union, N.J.

Disaster Recovery: A Resource for Homeowners from MBA
MBA’s Disaster Recovery: A Resource for Homeowners is a resource paper for homeowners that outlines what to do before and after the disaster, along with how to start and work through the recovery process.

MBA Releases 2024 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
The Mortgage Bankers Association released a set of commercial/multifamily real estate finance league tables, listing the top commercial/multifamily mortgage originators in 2024.

Gen Z, Millennial Homeownership Rates Flat in 2024, Redfin Finds
Redfin, Seattle, found that homeownership rates for Gen Z and millennials were stagnant in 2024.

About the Accredited Mortgage Professional (AMP) Designation
When you graduate from MBA Education’s School of Mortgage Banking (SOMB), you become an Accredited Mortgage Professional (AMP). This designation recognizes the achievements of individuals in the single-family real estate finance industry for their pursuit of educational excellence, high ethical standards, and commitment to professionalism.

March 26: Artificial Intelligence–A MISMO Primer for the Mortgage Industry
Join MISMO’s Artificial Intelligence Community of Practice (COP) to learn more about artificial intelligence and help shape mortgage standards related to artificial intelligence (AI).