Mortgage applications fell yet again last week, reaching their lowest level in 25 years, while mortgage interest rates hit their highest level since 1997, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 14.
Category: News and Trends
Job Security, Pay Equity, Inclusion Top Considerations for Women in CRE
The CREW Network, Lawrence, Kan., said American workplaces have experienced a significant shift in how employees view work since COVID.
MISMO Seeks Member Comment on Updated API Toolkit
MISMO®, the real estate finance industry standards organization, released its API (Application Programming Interface) Toolkit 1.1 for a 60-day member comment period. Comments will be accepted through December 17.
Rhonda McGill of PerformLine: CFPB Director Rohit Chopra–A Year in Review
In his first year as Director of the CFPB, Rohit Chopra has taken an aggressive approach to consumer protection through market monitoring inquiries, interpretive rules, circulars, advisory notices, and enforcement actions.
Builder Confidence Falls 10th Straight Month
Builder confidence in the market for newly built single-family homes fell by eight points in October—its 10th straight monthly drop to the lowest level in 10 years, the National Association of Home Builders reported Tuesday.
MBA Announces the Affordable Housing Alliance of Central Ohio as Local Host of CONVERGENCE Columbus
The Mortgage Bankers Association announced the Affordable Housing Alliance of Central Ohio will serve as the local host organization for CONVERGENCE Columbus, MBA’s initiative to help close the Black homeownership gap and promote affordable housing through community partnerships in Columbus, Ohio.
Sponsored Content from Incenter and Boston National Title: Looking for Big Improvements? Start with Small, Incremental Change
Now’s the time to make a series of small process changes that will quickly add up to more efficient operations and better borrower experiences.
Meeting Diversity Challenges, Both in Hiring and Lending
In 2012, MBA formed a member-led Diversity, Equity, and Inclusion Advisory Committee, a Board-appointed body, to provide leadership and guidance on increasing diversity in leadership, workforce, and suppliers.
Dealmaker: Unilev Capital Purchases Nevada Industrial Campus for $24M
Unilev Capital, Beverly Hills, Calif, acquired a 17.8-acre industrial campus in Henderson, Nev., for $24 million
MBA Opens Doors Foundation: A Legacy We Can All Be Proud Of
The MBA Opens Doors Foundation was founded in 2011 on the premise that families with critically ill or injured children should not also have to worry about whether their child will have a home to return to after treatment, a mission that defines the work of the Foundation today.