One way for lenders to manage productivity while responding proactively is to join hands with reliable mortgage processing partners who can offer strong support and let lenders focus on market expansion.
Category: News and Trends
MBA Education Path to Diversity Scholar Profile: Kim King, AMP
(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
MBA, Trade Groups Urge National Economic Council to Support FHA Insurance Premium Reduction
The Mortgage Bankers Association and other industry trade groups urged the National Economic Council to support a reduction of the annual mortgage insurance premium for borrowers with FHA-insured loans.
MBA Weekly Survey Sept. 14, 2022: Applications Fall 6th Straight Week; Interest Rates Top 6%
Mortgage applications fell for the sixth straight week as interest rates topped 6 percent, although purchase applications showed signs of life, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Sept. 9.
Colliers: Potential Inflection Point for CRE
Commercial real estate capital markets could be at an inflection point amid volatile economic conditions, said Colliers International, Toronto.
Dealmaker: Mesa West Capital Provides $49M in Palm Beach County
Mesa West Capital, New York, provided $49.2 million in first mortgage debt to recapitalize Monteverde at Renaissance Park in Palm Beach County, Fla.
Critical Defect Rate Falls for 2nd Straight Quarter
ACES Quality Management, Denver, said the overall critical defect rate declined for the second straight quarter despite a more challenging mortgage lending environment.
People in the News Sept. 14, 2022: JLL Capital Markets Adds Danté Thomas to Affordable Housing Team
JLL Capital Markets, Philadelphia, hired Danté Thomas as Managing Director of its affordable housing production team, responsible for optimizing financing from a variety of capital sources, including Fannie Mae and Freddie Mac.
#MBARMQA22: Strategies for Detecting Fraud
NASHVILLE, TENN.—The current mortgage fraud environment is evolving, with new risks emerging in a post-pandemic environment, analysts said here at the MBA Risk Management QA and Fraud Prevention Forum.
#MBARMQA22: Focusing on the Weakest Links
NASHVILLE, TENN.—The housing market today is nothing like 2008, said Christa Lynn Greco, IA with the Criminal Investigative Division of the Federal Bureau of Investigation, Washington, D.C. But she said changing market conditions make the potential for mortgage fraud ever-present.