ANNOUNCEMENT
MBA NewsLink will not publish this Friday, June 26 while MBA updates its Association Management System (see story below). NewsLink will resume publishing on Monday, June 29.
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The Mortgage Bankers Association nominated Matthew G. Rocco Sr., Chairman of the Board and CEO of Grandbridge Real Estate Capital, Charlotte, N.C., to serve as MBA Vice Chairman for the 2021 membership year. He is expected to be installed at the association's 107th Annual Convention this October.
The Mortgage Bankers Association announced June 24 that all of its fall conferences—including the MBA Annual Convention & Expo—will take place online out of an abundance of caution stemming from the coronavirus pandemic.
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ATTOM Data Solutions, Irvine, Calif, said its second-quarter U.S. Home Affordability Report showed median home prices of single-family homes and condos became more affordable than historical averages in 49 percent of U.S. counties, up from 31 percent a year ago.
Qualia, San Francisco, said a new survey reports a shift in perception on the permanence of remote work and a nearly 40% surge in remote online notarization usage from April to May.
Despite a rosier report this week from HUD and the Census Bureau, which reported a 16.6 percent increase in May new home sales, the overall home market suffered a bit, according to RE/MAX, Denver, which reported “muted” home sales activity in May.
The Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) nominating committee is soliciting MBA members’ recommendations for individuals to serve on the Board beginning in October.
Beginning Thursday, June 25, the Mortgage Bankers Association will begin replacing its Association Management System, which will result in some disruptions for MBA members.
For years, you took great care to build your list. Clients, and also prospects that didn’t quite become clients yet, but whom you fully intend to make into a client one day. You actually spent quite a bit of money getting the list together. To keep your prized possession whole, you spend quite a bit of time maintaining it. But… have you cracked the code on how to make this pay off for you? Sure: you love returning clients, but are you capitalizing on your list structurally?
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?
(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.)
Fitch Ratings, New York, said it anticipates commercial real estate loan defaults will rise at the end of forbearance periods.
MBA is proud to recognize its Premier and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
Grandbridge Real Estate Capital, Charlotte, N.C., secured $22.4 million for multifamily assets in Texas and Minnesota.
