Although it’s called Social, the S in ESG isn’t about social media so much as it’s about social intelligence and social responsibility.
Category: News and Trends
Call for Speakers: MBA Servicing Solutions Conference & Expo: Deadline Oct. 14
Speaking opportunities for breakout sessions continue to be accepted for The Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2023, taking place February 21–24 at Hyatt Regency Orlando.
Housing Market Roundup Oct. 6, 2022
Here’s a summary of recent housing/economic reports that have come across the MBA NewsLink desk:
ADP: Private Sector Adds 208,000 Jobs; Annual Pay Up 8%
In the second of four major jobs reports this week, ADP, Roseland, N.J., said private-sector employment increased by 208,000 jobs in September, while annual pay slowed to just below 8 percent.
Yardi: Reshoring Trend Will Reshape Industrial Real Estate
Recent events have led U.S. firms to produce more goods domestically, which will likely “reshape” the domestic industrial sector, according to Yardi Matrix, Santa Barbara, Calif.
Industry Briefs Oct. 6, 2022: HUD Allocates $28M to Fight Housing Discrimination
HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.
Voting for 2023 MBA Officers, New & Returning Directors Underway; Deadline Oct. 14
The voting period for election of the Mortgage Bankers Association’s FY 2023 officers and new and returning directors is underway.
Dealmaker: Marcus & Millichap Sells Publix-Anchored Retail Center for $29M
Marcus & Millichap, Calabasas, Calif., sold Gateway Marketplace, a 131,780-square-foot shopping center in Jacksonville, N.C., for $29 million.
MBA Premier Member Profile: Constellation Mortgage Solutions
Constellation Mortgage Solutions provides industry-leading lending technology solutions through its products: Mortgage Builder LOS, Mortgage Builder LSS, ReverseVision LOS and our new LOS – NOVA.
Michael Berman of Ncontracts: What Is Appraisal Bias and How Can My Mortgage Company Avoid It?
Appraisal bias, or when an appraiser considers illegal factors such as the race of the homeowner or the racial makeup of a neighborhood when determining the fair market value of a property, doesn’t sound like a problem that should occur in 2022, but it regularly does.