In a Mar. 13 Member Letter, MBA President and CEO Robert Broeksmit, CMB, detailed MBA’s efforts with various federal regulatory agencies, including HUD and Ginnie Mae, as well as the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, to streamline policies and procedures that will allow lenders to assist borrowers throughout the coronavirus pandemic.

Sagent Lending Technologies, King of Prussia, Pa., appointed Dan Sogorka CEO and president, replacing Bret Leech who will become executive chairman and board member.

Today’s loan officers and branch managers face many challenges--from cumbersome, time-consuming processes to difficulties connecting with borrowers, and lenders have made significant investments in technology to help. However, many are learning that a siloed technology approach or implementation of the wrong technology can cause more headaches than it solves.

Welcome to our new dystopian reality: life as we know it has been suspended indefinitely.

Fannie Mae, Washington, D.C., said mortgage lenders’ profit margin outlook for the next three months reached a new survey high based on data collected last month.

With the spring home-buying season well underway, it raises a question: is there a best time to sell a house? According to Zillow, Seattle, the answer is yes—depending on need.