Whether you’re a technology vendor, leading an internal product and engineering team or buying AI tools, the question is no longer whether to use AI — it’s how to use it effectively, writes BeSmartee’s Tim Nguyen
Category: News and Trends
CONVERGENCE in Action: Land Expo in Memphis
CONVERGENCE Memphis is unlocking new pathways to affordable homeownership through its Land Expo model–collaborative events that connect emerging developers, public agencies and capital providers around development-ready opportunities in priority neighborhoods.
Dealmaker: Mesa West Capital Originates $134M to Refinance Student Housing Community
Mesa West Capital provided LV Collective with $133.9 million in short-term first mortgage debt to refinance Rambler Athens, a 750-bed student housing property next to the University of Georgia in Athens, Ga.
Realtor.com: Almost Every U.S. Metro Has Higher Rental Prices Than Pre-Pandemic
Realtor.com released its March Rent Report, finding that despite the 20th consecutive month of year-over-year rent declines, almost all major metro areas still have higher rent than pre-pandemic.
55Places: Chicago Has Tightest Inventory for 55-Plus Buyers
55Places, Chicago, ranked the 13 toughest real estate markets for 55-plus buyers right now, based on areas with less than three months of inventory. With just 1.6 months of inventory, Chicago tops the list.
Industry Briefs, April 23
Industry news from Fairway, Rocktop Technologies, Halcyon, MCT, Calyx, Xactus, Equifax and Friday Harbor.
FundingShield: Nearly Half of Transactions at Risk in First Quarter
Nearly 47% of transactions on an $80 billion portfolio of loans had issues leading to a risk of wire and title fraud during the first quarter, according to FundingShield, Newport Beach, Calif.
Upcoming MBA Education School of Mortgage Banking Courses
MBA Education’s signature School of Mortgage Banking (SOMB) series is the real estate finance industry’s standard in comprehensive residential mortgage training.
MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.36% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’ portfolio volume in the prior month to 0.36% as of March 31, 2025.
Quote of the Day
“Overall mortgage performance improved in March, with more borrowers making their mortgage payments and fewer borrowers in forbearance and loan workouts compared to the prior month.”
–MBA’s Marina Walsh, CMB