The virtually untapped and growing market of Limited English Proficiency borrowers deserves consideration and investment, and promises real potential for lenders which do.
Category: News and Trends
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“MBA congratulates Julia Gordon on being confirmed to lead the Federal Housing Administration. Her knowledge and experience in housing policy and community development will serve her well as she leads FHA’s mission to support homeownership opportunities for low- and moderate-income and minority borrowers in underserved communities, as well as increasing affordable rental housing.”
–MBA President & CEO Bob Broeksmit, CMB.
MBA: 1Q Commercial/Multifamily Borrowing Jumps 72% from Year Ago
Commercial and multifamily mortgage loan originations increased by 72 percent in the first quarter from a year ago, the Mortgage Bankers Association reported Thursday.
Call for Speakers: MBA Annual Convention & Expo; Deadline June 15
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association’s Annual Convention & Expo 2022, taking place October 23-26 at Music City Center in Nashville. This is the industry’s largest convention and expo focused on residential real estate finance.
MAA Action Week May 9-13
The Mortgage Action Alliance’s Action Week is a national, industry-wide campaign dedicated to helping real estate finance professionals learn how to become more engaged in political advocacy that supports our industry.
Howard Lin of Cielway: How to Manage Mortgage Servicing Rights in This Fast Market
Mortgage servicing rights are a natural hedge to those who primarily focus on the origination side of the business. However, retaining servicing rights is not an easy business, not to mention properly valuing them, especially when the current volatile interest rate movement makes hedging a task only to the most sophisticated mind.
MISMO Launches Commercial Standard Facilitating Exchange of Financial Operating Statement Information
MISMO®, the real estate finance industry standards organization, announced availability of the Commercial Financial Operational Statement Dataset Standard.
Tony Thompson, CMB: CCL Coaching Program Launches at NAMMBA
The secret to success in the CRA/LMI marketplace isn’t a formula. It isn’t banging your head on the proverbial brick wall hoping for a breakthrough. And it isn’t trying the same old tactics in the hope that something sticks. It’s a combination of knowledge and becoming a part of the community you serve.
MBA Legal Issues & Regulatory Compliance Conference in Miami May 22-25
The Mortgage Bankers Association’s annual Legal Issues and Regulatory Compliance Conference takes place May 22-25 at the Intercontinental Miami.
Industry Briefs May 12, 2022: Planet Home Lending to Acquire Homepoint Correspondent Assets
Planet Home Lending LLC, Meriden, Conn., entered into a definitive agreement to acquire certain assets of the delegated correspondent channel of Home Point Financial Corp., a mortgage originator and servicer and a subsidiary of Homepoint Capital Inc.