As the mortgage industry continues to experience substantial changes, such as rising interest rates, home affordability issues, and an influx of layoffs for mortgage professionals, the entire industry is recognizing the need to adjust its operational strategies. Mortgage professionals need to be agile, quick and flexible to keep pace with the changing market, regulatory pressures, and borrower preferences.
Category: News and Trends
MBA Home For All Pledge Partner: MGIC
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)
Duwaine Thomas, Patrick Kehoe on Communicating with Customers
Duwaine Thomas is an executive consultant with Newbold Advisors, serving a portfolio of national housing finance organizations. Patrick Kehoe drives product strategy in collaboration with the product development team at Messagepoint, a provider of customer communications management software.
Sponsored Content from Boston National Title: A Better Title Solution for Increased Default Volume
While no one knows exactly what the next 12–18 months will look like, everyone can be better prepared to deal with default.
Tony Thompson, CMB, of NAMMBA: Partnerships are More Than Just Warm and Fuzzy
“Doing” Diversity, Equity, and Inclusion (DEI) might not have been on your radar when you started working in the real estate finance industry.
Dealmaker: Gantry Completes $267M Financing for Four Medical Office Facilities
Gantry, San Francisco, secured $267 million in permanent financing, including a construction-to-permanent loan, for a four-building portfolio of single-tenant medical office properties leased to the Department of Veterans Affairs.
Take Your DEI Strategy to the Next Level with MBA’s DEI Playbook
Expand or develop your organization’s Diversity, Equity and Inclusion strategy with MBA’s DEI Playbook.
House Prices Fall in July
Two home price indices released Tuesday showed home prices fell nationwide in July but remain above year-ago figures.
MISMO Issues Updated Engineering Guideline to Enhance Clarity on Version Compatibility
MISMO®, the real estate finance industry standards organization, today announced the availability of updated MISMO Engineering Guideline (MEG) 27, which provides guidance to help determine if a new version of the MISMO Reference Model is compatible with a previously implemented solution.
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.