The reality is that market has been very strong for so long that many originators took for granted that they could do the same things and still produce the same results. But as they’re now finding out, that was never going to be the case.
Category: News and Trends
Call for Nominations: MBA NewsLink 2023 Tech All-Star Awards; Deadline Jan. 20
The MBA NewsLink 2023 Tech All-Star Awards nomination period is underway. Nominations will be accepted through Friday, Jan. 20.
Rafael DeLeon of Ncontracts: 3 Things You Should Know About Fair Lending Compliance
Here are three key takeaways that mortgage companies should know to help meet compliance requirements and protect borrowers and their organizations in the process.
Wes Slocum of Accenture Credit Services: Reflections on an Incredible Year
A year that started out on a high from record-breaking originations, has now come to a close with the industry taking a long look at how to press forward. At first blush, the next two years are likely to be challenging, but I lean more towards the optimistic view and see this time period as one filled with opportunity.
Colliers: Real Estate Market Should Start Stabilizing in Mid-2023
The global real estate market should start to stabilize by mid-2023, said Colliers, Toronto.
Dealmaker: IPA Brokers $31M Regional Outlet Center Sale
Institutional Property Advisors, Calabasas, Calif., sold The Shops @ Rockvale, a 581,462-square-foot regional outlet center in Lancaster, Pa., for $30.5 million.
December Mortgage Credit Availability Inches Down
Mortgage credit availability fell by just 0.1 percent in December, the Mortgage Bankers Association reported Tuesday.
Housing Market Roundup Jan. 10, 2023
Here’s a summary of recent housing/economics articles that came across the MBA NewsLink desk:
MISMO Releases 2022 Annual Report
DELRAY BEACH, Fla.–MISMO®, the real estate finance industry’s standards organization, today released its 2022 Annual Report here at its Winter Summit.
Scott Roller: Must-See Home Equity Vendor Solutions
In their cyclical fashion, most lenders are dusting off some antiquated home equity programs, most having spent no energy to prepare for this market opportunity. Given the past few years of overflowing refi pipelines, that is not surprising. Why plant corn if the market price for soybeans is breaking records? Conversely, multiple vendors have set themselves up to help lenders and credit unions successfully market, process, service and trade home equity loans and HELOCs.