“We expect borrowing and lending backed by commercial and multifamily properties to decline again this year. Uncertainty and volatility around the paths of the economy, interest rates, and property valuations will likely continue to cause instability for commercial real estate markets well into this year.”
–MBA Head of Commercial Real Estate Research Jamie Woodwell.
Mortgage applications fell by 13.2 percent over the two-week holiday period to their lowest level in 26 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the weeks ending December 23 and December 30.
Today in MBA News: MBA Independent Mortgage Bankers Conference; MBA Education Webinars; MBA Mortgage Action Alliance. To read more, click on today’s MBA News headline.
Academics, consultants, and vendors advocate for “data-driven” enterprises underpinned by augmented analytics, adaptative AI/ML, digital ethics, consumer privacy, and AI security. Yet, as the pace of innovation rises across financial markets and consumer models, the organizational capabilities of leveraging data are declining. What is wrong with this picture?
Stephen Ryczek drives product and technology initiatives at Constellation Mortgage Solutions, West Palm Beach, Fla. As President since 2019, he is positioning the company as a leading digital enterprise loan origination and servicing technology for the residential mortgage industry. He also plays a key role with CMS’ parent company – Constellation Software Inc.
Here’s a summary of Top National News Items from major news sites and industry trade publications. To get started, click on the headline above:
The MBA NewsLink 2023 Tech All-Star Awards nomination period is underway. Nominations will be accepted through Friday, Jan. 20.
CommercialEdge, Santa Barbara, Calif., reported tech companies have been laying off workers and downsizing their office footprints to cut costs, which could make the office sector’s recovery even harder.
Mortgage applications fell by 13.2 percent over the two-week holiday period to their lowest level in 26 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the weeks ending December 23 and December 30.
MBA developed and released the DEI Playbook, a complimentary, member-only resource designed to establish or enhance an organization’s DEI framework and programming.
