Share of Mortgage Loans in Forbearance Decreases for Seventh Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported the total number of loans in forbearance decreased 7 basis points to 7.67% of servicers’ portfolio volume as of July 26 from 7.74% in the prior week.
Mortgage Bankers Association Senior Vice President of Commercial/Multifamily Mike Flood joined MBANow to discuss the CARES Act’s unemployment benefits and rental assistance.
Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, joined Walker & Dunlop Chairman and CEO Willy Walker on July 29 to discuss the stimulus bill being crafted in Washington, D.C. and its impact on the multifamily, mortgage and commercial real estate industries.
Orange County’s Credit Union sees mortgage applications soar after implementing BeSmartee’s custom SmartForm solution.
Freddie Mac, McLean, Va., named Ling Xu vice president of Multifamily Investments & Portfolio Management, adding market risk and capital strategy to her current responsibilities, which include management of the company’s multifamily portfolio strategy, hedging and balance sheet management.
MBA NewsLink interviewed Reena Pally, Managing Director of Real Estate Debt Strategies with MetLife Investment Management, about the transition away from LIBOR to a successor index for floating-rate loans.
(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.)
Counting everyone who lives in the United States, the 2020 Census is happening now with 92.2 million households or more than 62 percent of the country having already responded. But the 2020 Census is not finished. The Census Bureau is done when the country achieves a complete and accurate count.
As COVID-19 continues to affect the mortgage industry, lenders are realizing that conducting business as usual may not be possible or plausible. For a lender’s growth to reach new and different heights in 2020, new and different business practices, such as working with a hedge advisory firm, are required.
The Asurity ecosystem combines a suite of tech-enabled mortgage solutions
Dekel Capital, Los Angeles, secured $35 million in debt and equity for Moonwater Capital’s acquisition of the NV Energy Pearson Building in Las Vegas.
