Black Knight, Jacksonville, Fla., said amid rising interest rates, rate-lock production fell by nearly 20 percent in March, led by a sharp drop—more than 50 percent—in rate/term refinance activity.
Category: News and Trends
MBA Secondary & Capital Markets Conference & Expo in NYC May 15-18
The Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo returns to the Marriott Marquis in Times Square, New York City, from May 15-18.
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.
MBA Education, Superus Careers Partner on Mortgage Career Exchange Marketplace
MBA Education, the career advancement arm of the Mortgage Bankers Association, and Superus Careers, a U.S.-based employment recruiting firm, announced a partnership for mortgage professionals to maximize their employment options.
To the Point with Bob: How Policymakers Can Empower Mortgage Lenders To Deliver More Relief To Borrowers
A debate broke out last week among industry commentators about the meaning and importance of mortgage lender margins during the COVID-19 pandemic. The conversation matters because it could impact the policies that govern the industry and affect people’s ability to obtain affordable mortgage loans and pursue the American Dream.
April Mortgage Credit Availability Slips
Mortgage credit availability fell in April, the second straight monthly decrease, the Mortgage Bankers Association reported Tuesday.
Quote
“The increase in mortgage applications last week was driven by a strong gain in application activity for conventional and government purchase loans, even as mortgage rates rose to their highest level – 5.53 percent – since 2009.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
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.
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.
Mark P. Dangelo: The Digital ‘Butterfly Effect’ — Defining the Consumer and Their Options
As economic and political impacts shift in 2022, underpinning it all is a silent reality crater exposing audit and systemic risks as digital transformations continuously evolve.