WASHINGTON–The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Constanza (Cony) Krause, CMB, CMCP, CRU, Manager, Learning & Development at Space Coast Credit Union.
Category: News and Trends
Breaking Advocacy Update: MBA Creates Member Guide Ahead of Government Shutdown Possibility on Wednesday
The federal government is on the brink of a shutdown with a deadline of 11:59 p.m. ET on Tuesday, Sept. 30. MBA remains directly engaged with lawmakers in both chambers of Congress and has created a member guide that outlines the potential impacts to single-family and multifamily government lending programs.
Bankrate: One in Six Prospective Home Buyers Has Given Up
Bankrate, New York, reported one in six aspiring homeowners has given up on purchasing a home in the past five years because they could not find anything they liked or could afford.
Advocacy Update: Fed’s Bowman Hints at Basel III Reproposal; Government Funding Update Ahead of 10/1 Deadline; FHA Servicing Changes
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Premier Member Spotlight: Secure Insight
One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association. Please contact MBA’s Alicia Goncalves, CMB for information about Premier Member spotlights.
ATTOM: Homes Grow Less Affordable
The median home price reached a new high of $375,000 in the third quarter, according to ATTOM, Irvine, Calif.
Chart of the Week: New Single-Family Home Sales
MBA’s estimate of new home sales, based on a larger sample than the one used by the Census Bureau, suggests that the increase in new home sales was smaller in August than Census calculated.
Why Intelligent Integration Is the Mortgage Industry’s Next Competitive Edge
Argyle’s John Hardesty says the next phase of digital transformation is intelligent integration: the purposeful connection of systems so data can move freely and every tool adds measurable value rather than complexity.
Dealmaker: JLL Secures $39M for Savannah Townhomes
JLL Capital Markets arranged $38.7 million in financing for Clear Lake Reserve Townhomes, a 199-unit for-rent townhome community in Pooler, Ga.
New Home Sales Rise in August Due to More Supply, Zonda Reports
The new home market saw a modest 2.1% month-over-month increase in total transactions in August, according to Zonda, Newport Beach, Calif.