Consumer research sheds light on shifting payment trends offering lenders opportunities to improve customer engagement and drive more self-serve.
Category: News and Trends
Chris Joles of Planet Home Lending: Finding the ‘S’ in Mortgage Banking
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.
MBA Chart of the Week Sept. 30, 2022: MBA Purchase Applications Payment Index
Last week, the Federal Housing Finance Agency released its Purchase-Only House Price Index for July. The HPI was down 0.6% from the previous month, although up 13.9% from July 2021. The HPI has increased by nearly 120% since March 2012 (yellow line), and is up 39% since the start of the COVID-19 pandemic in March 2020.
American Housing Survey: 2020, 2021 Benefited Homeowners, Challenged Renters
In general, 2020 and 2021 were good years for homeowners but challenging years for many renters, HUD and the Census Bureau said in the annual American Housing Survey.
The Week Ahead, Oct. 3, 2022: 5 Things to Know
Good morning, happy Monday and happy October! Here’s what you need to know this week:
Dealmaker: Hall Structured Finance Originates $15M Construction Loan for Texas Hotel
Hall Structured Finance, Dallas, originated a $15.3 million first lien construction loan for a Hampton Inn & Suites in Shenandoah, Texas.
Former House Speaker Paul Ryan Keynotes MBA Annual22 Opening General Session
Former House Speaker Paul Ryan, R-Wis., keynotes the Opening General Session at the Mortgage Bankers Association’s Annual Convention & Expo on Monday, Oct. 24 at 8:30 a.m. CT.
Quote
“We continue to see significant changes, volatility and uncertainty in the space, equity and debt markets that drive commercial real estate values and transaction volumes.”
–Jamie Woodwell, MBA Vice President for Commercial Real Estate Research.
MBA Opens Doors Foundation Kicks Off 2023 Fundraising Season with Nearly $2.7 Million in Donations
The MBA Opens Doors Foundation announced it received nearly $2.7 million in corporate and individual donations during its FY 2023 fundraising campaign, held September 7-8.
Carlos Sa of MILOS: In an Evolving Market, Tech Strategies Must Evolve, Too
Without question, loan originators are finding themselves in a more hostile market environment. Demand for mortgages has fallen to the lowest level in decades and lenders are laying off employees in order to curb costs. Yet many lenders fail to examine an area that represents a significant operating cost: their technology.