To many mortgage business owners, the cost of employees can be a significant portion of their business budget. It can also make a significant impact on the success or failure of their business. It’s in this area that experts within the mortgage industry can help you make better decisions by providing you with expertise and services that can streamline your financial management.
Category: News and Trends
Anita Bush of FICS: Mortgage Servicers Must Improve Support for Borrowers with Limited English Skills
Mortgage servicers must provide language resources for borrowers with limited English proficiency. The 2020 Census confirmed what mortgage professionals have experienced over the past decade – America’s diversity increases every year with minority homeownership growing rapidly.
MBA Human Resources Symposium Sept. 8-9
The Mortgage Bankers Association’s annual Human Resources Symposium takes place Sept. 8-9 in Arlington, Va.
MBA Annual Convention & Expo in Nashville Oct. 23-26; Early Registration Ends Aug. 1
Meet industry innovators and experts at the Mortgage Bankers Association’s Annual Convention & Expo 2022, taking place Oct. 23-26 at Music City Center in Nashville.
Broeksmit Weighs in on How to Narrow Minority Homeownership Gap
Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said Special Purpose Credit Programs can provide lenders with an effective way to serve minority groups who do not have access to generational wealth.
MBA RIHA: Baby Boomer Homeowners’ Mortality Expected to Have Minimal Impact on Housing Supply and Prices
More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population growth and younger-generation households should lead to minimal excess housing supply and have no measurable reduction in home prices.
Dealmaker: Greystone Provides $21M Fannie Mae Loan in Herndon, Va.
Greystone, New York, provided a $21.4 million Fannie Mae Delegated Underwriting and Servicing loan to refinance a 144-unit multifamily community in Herndon, Va.
CRE Prices Hold Steady in May
Real Capital Analytics, New York, reported U.S. commercial property price growth held steady in May, supported by price gains in the industrial and apartment sectors.
Rising Prices, Mortgage Rates Make Homeownership Unaffordable in Most Of U.S.
ATTOM, Irvine, Calif., said median-priced single-family homes and condos are less affordable in the second quarter compared to historical averages in nearly all U.S. counties.
MISMO Seeks Public Comment on Implementation Guide for SMART Doc Version 3 Verifiable Profile
MISMO®, the real estate finance industry’s standards organization, seeks public comment on an implementation guide for its new SMART Doc® Version 3 Verifiable Profile standard.