MeridianLink Inc., Costa Mesa, Calif., completed acquisition of OpenClose, a fintech provider of residential mortgage software products for banks, credit unions and independent mortgage lenders.
Category: News and Trends
MBA Advocacy Update Nov. 14 2022
On Friday, the Federal Housing Finance Agency announced 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each Enterprise (for a total of $150 billion). FHFA maintained the requirement that 50 percent of the Enterprises’ business must be for mission-driven affordable housing and added a new mission-driven category for workforce housing properties.
Office Sector’s Future Up for Debate
Colliers International, Toronto, said the U.S. office market is stabilizing following two-plus years of pandemic-driven correction, but noted “considerable debate and speculation” about its future.
David Arnett of Cherry Creek Mortgage: Engaging Millennials and Single Women Despite a Down Market
There’s been a lot of research done on the impact Millennials and single women are having on the housing market. Yet there’s not a lot of solid advice on how to attract and engage these audiences, which is a shame considering how important they are to an originator’s business. But there are effective ways to get your message across if you’re willing to rethink your current marketing strategy.
MBA Chart of the Week Nov. 10 2022: Housing Migration
This week’s MBA Chart of the Week shows the reasons for leaving one’s previous residence. The three main reasons in the 2021 AHS are wanting a larger or better-quality home (17.7%), wanting a more desirable neighborhood (15.6%) and forming their own household (14.4%).
The Week Ahead, Nov. 14, 2022: Countdown to the Holidays, But First…
We’re in that weird week betwixt Veterans Day and the Thanksgiving holidays. And not surprisingly, there’s a lot going on, so let’s get started:
Dealmaker: JLL Arranges $172M for Four Seasons Hotel Nashville
JLL Capital Markets’ Denver office arranged $172 million in financing for acquisition of the newly completed Four Seasons Hotel Nashville.
Sponsored Content from Equifax: Differentiated Insights to Expand Access to Credit
Using telco, pay TV and utilities insights to help create greater homeownership opportunities for millions of U.S. mortgage applicants.
MBA: 3Q Mortgage Delinquencies Fall to New Survey Low
The Mortgage Bankers Association on Thursday released its 3rd Quarter National Delinquency Survey, reporting delinquency rate for mortgage loans on one-to-four-unit residential properties fell to its lowest level since the Survey’s inception.
MBA: 3Q Mortgage Delinquencies Fall to New Survey Low
The Mortgage Bankers Association on Thursday released its 3rd Quarter National Delinquency Survey, reporting delinquency rate for mortgage loans on one-to-four-unit residential properties fell to its lowest level since the Survey’s inception.