NewPoint Real Estate Capital, Chevy Chase, Md., promoted Susan Mudry to Chief Operating Officer.
Category: News and Trends
Industry Briefs Aug. 8, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Senate Dems Drop MBA/Trade Group-Opposed Carried Interest Provision in Reconciliation Bill
Senate Democrats late Thursday dropped a controversial carried interest provision in a reconciliation bill that the Mortgage Bankers Association and other industry trade groups said would “cripple the housing recovery.”
Industry Briefs Aug. 5, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Dealmaker: NewPoint Real Estate Capital Provides $50.7 Million in Freddie Mac Financing for Florida Multifamily
NewPoint Real Estate Capital, Plano, Texas, provided a $50.7 conventional Freddie Mac Multifamily loan on behalf of an affiliate of American Landmark LLC to refinance Reunion at 400, a 288-unit community in Kissimmee, Fla.
Fitch Ratings: U.S. Life Insurers’ Commercial Mortgages Stable Amid Growing Headwinds
Fitch Ratings, New York, said U.S. life insurers’ commercial mortgage fundamentals have largely recovered since the pandemic, with stable property outlooks for hotel, office retail and multifamily sectors.
Homebuyer Income Soars in Housing Hotspots
If you build it, they will come; and they’ll bring buying power (and they’ll need it, too).
Initial Claims Rise Ahead of Friday Jobs Report
Initial claims for unemployment insurance rose to nearly their highest level this year, ahead of this morning’s unemployment report, the Labor Department said Thursday.
MISMO Seeks Public Comment on Business Glossary, eMortgage Glossary, Digital Loan Modification Flyer
MISMO®, the real estate finance industry standards organization, seeks public comment on three key industry resources to help accelerate the industry’s digital transformation.
Mark P. Dangelo: In Perspective, the Fragmentation of the Mortgage Industry
Reimaging of the mortgage markets has begun—driven by shrinking margins, rising rates, and inflationary pressures. Yet, for all the actions since 2010 involving data standards, digital transformations, and customer experiences, what is missing? Who will be left standing as the next cycle takes form and the mortgage industry is digitally reimaged?