(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.)
Category: News and Trends
House Prices Begin to Fall from Record Highs
Redfin, Seattle, said the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10.
Jim Rosen of Mortgage Cadence: How the Right Services Strategy Promotes Loan Origination Efficiency
Jim Rosen is Executive Vice-President of Services at Mortgage Cadence and has more than 20 years of experience in the mortgage software and services industry. He has been with Mortgage Cadence for nearly eight years and was instrumental in launch of the company’s new MCP loan origination platform.
MBA Premier Member Profile: Salesforce
Salesforce is the #1 CRM, bringing companies and customers together in the digital age.
Joe Ludlow of Advantage Systems: The Importance of Tracking Every Dime in a Rising-Rate, Recessionary Mortgage Market
The reality is that most lenders will see their volumes drop regardless of what they do, so they are also looking for additional strategies for staying profitable; one place to affect meaningful change is in lowering existing operational costs.
Existing-Home Sales Fall 5.4% in June
Existing-home sales dropped for the fifth straight month in June, the National Association of Realtors reported Wednesday.
Trepp: Bank Loans Outperforming CMBS Loans
Trepp, New York, said the bank-issued commercial real estate loans it tracks generally performed better than commercial mortgage-backed securities loans last year.
Dealmaker: Stonehill Originates $80M for Extended-Stay Hotel Portfolio
Stonehill, Atlanta, originated a $79.8 million bridge loan for New York-based Churchwick Partners to acquire and recapitalize a 12-property extended-stay hotel portfolio.
Buyers Gaining Time, Options as Competition Eases
House shoppers are finding more options to choose from, more time to make decisions and even price cuts in some areas, according to Zillow, Seattle.
MBA Home For All Pledge Partner: United Community Bank
(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.)
