ANNOUNCEMENT
The MBA Advocacy Update will appear in NewsLink on Tuesday, June 23.
Redfin, Seattle, said the housing market showed some early signs of recovery in May as inventory of homes for sale and contracts to buy homes both increased dramatically from April levels.
This week’s chart shows the course of the share of loans in forbearance by investor type over the past three months – from the earliest stages of the COVID-19 pandemic to the most recent reporting.
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STRATMOR Group, Greenwood Village, Colo., said while the longer-term impact of the pandemic remains to be seen, the mortgage market has settled down, with most industry players appearing to have weathered the storm.
After suffering the greatest performance declines in U.S. history, the nation’s hotels will likely benefit from a relatively rapid economic turnaround in 2021 and 2022, said CBRE Hotels, Atlanta.
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Interest rates hit record lows last week—but they were already low in May, said Ellie Mae, Pleasanton, Calif., resulting in steady refinancing volume.
ACES Risk Management, Denver, released its quarterly ARMCO Mortgage QC Trends Report, showing critical defect rates improved from the fourth quarter to the first and in 2019 overall.
Beginning Thursday, June 25, the Mortgage Bankers Association will begin replacing its Association Management System, which will result in some disruptions for MBA members.
(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.)
Good morning! Happy first week of summer, which promises a lot of activity—and a heads-up for anyone who uses the Mortgage Bankers Association’s website.
The digital mortgage revolution doesn’t take sides, but that doesn’t mean there won't be casualties. The march toward efficient loan transactions will permanently redefine the roles of the mortgage lender and loan officer, radically transforming the entire production line of mortgage origination.
In a time when everything spells uncertainty, data gives lenders something to hold on to — and a path forward. What performance metrics are most critical for lenders to keep an eye on right now to help their businesses survive the recession and what’s likely to be a protracted recovery?
June is Homeownership Month in a year unlike any other. MBA NewsLink asked executives of four lenders to discuss how the coronavirus has affected their business and what they are doing to adapt and succeed.
Cushman & Wakefield, Chicago, brokered industrial and retail transactions totaling $53.6 million in California and New Jersey.
