Capital One, McLean, Va., provided $29.4 million in financing to Fairfield Residential, San Diego, Calif., to renovate Grand Oaks Apartment Homes, a 216-unit affordable housing community in Chester, Va.
Category: News and Trends
Rhonda McGill of PerformLine: Mitigating Compliance Risks in the Mortgage Industry
Each quarter, PerformLine hosts a regulatory compliance roundtable for the mortgage industry that gathers mortgage professionals to have open and productive conversations about the challenges they’re facing in the regulatory environment and best practices for ensuring compliance and consumer protection.
mPowering You: MBA’s Summit for Women in Real Estate Finance in Nashville Oct. 22
mPowering You: MBA’s Summit for Women in Real Estate Finance, takes place Saturday, Oct. 22 in Nashville, Tenn., ahead of the MBA Annual Convention & Expo.
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“We are seeing a pullback in average daily rates in select record-setting markets. Despite the slowing pace of growth, we expect the continued recovery in travel demand to be driven by incremental group and inbound international travel, followed by a modest uptick in transient business.”
–CBRE Head of Hotel Research & Data Analytics Rachael Rothman.
MBA Weekly Survey Sept. 7, 2022: Applications Fall 5th Straight Week
Mortgage applications fell for the fifth straight week, remaining at their lowest level in 22 years as interest rates rose again, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Sept. 2.
Tony Thompson, CMB, of NAMMBA: DIVERSIFi is the Road Map for Lending and Realtors in 2023
NAMMBA and iEmergent have been working to create a tool (called Diversifi) that will allow anyone in the real estate finance business to better understand the market they serve, reach more of that market and create connections and relationships with them.
Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.
MBA Home For All Pledge Partner: Experian
(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.)
MBA Education Path to Diversity Scholar Profile: Suha Beidas Zehl
(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.)
Will Robinson of Encapture on How Innovative Banks Use Machine Learning to Reduce Risk
Will Robinson is the CEO of Encapture, Dallas, a high-growth SaaS platform that helps banks automatically extract important information from documents. Launched 20 years ago, Encapture helps companies save time and money by using machine learning to process large amounts of data.