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

Mortgage interest rates are low—you know that; refinancings have been going through the roof—and if you’ve been following the Mortgage Bankers Association’s Weekly Applications Survey or the activity in your office, you know that, too. But Ellie Mae, Pleasanton, Calif., has another stat you might be interested in: closing times, which have also dramatically improved.

COVID-19’s economic impacts are only beginning to be felt in the United States, and already it’s been a wild ride.

MBA NewsLink interviewed Mortgage Bankers Association Associate Vice President of Housing Finance Policy Dan Fichtler and Associate Vice President of Commercial/Multifamily Andrew Foster about the transition away from the London Interbank Offered Rate to a successor index for floating-rate loans.

It seemed inevitable: after a huge 55 percent jump last week—and a sharp increase in mortgage interest rates in recent days—mortgage applications really had no place to go but down this week.

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.

MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.