BREAKING NEWS
Applications Decrease in MBA Weekly Survey
The Consumer Financial Protection Bureau yesterday formally delayed the mandatory compliance date of its General Qualified Mortgage final rule to October 1, 2022.
Mortgage applications fell from one week earlier amid a volatile spring home buying season, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending April 23.
Home price appreciation continued to accelerate at a double-digit percentage pace, with gains at historical levels, according to the S&P CoreLogic Case-Shiller Indices.
The inventory crunch bedeviling home searchers could start to turn around as record appreciation of home values entices more owners to sell, reported Zillow, Seattle.
The Conference Board, New York, said its Consumer Confidence Index rose sharply again in April, following a substantial gain in March, to its highest level since February 2020.
Matt Hydrew of CreditXpert shares the lending success formula to keep applicants credit- and loan-ready.
The Bascom Group LLC, Irvine, Calif., acquired Sierra Charles Apartments in metro Tucson, Ariz. for $11.6 million, or $59,164 per unit.
When David Orsini graduated from the Georgia Institute of Technology (Georgia Tech), he had exactly 16 hours to savor the feeling. Then off he went to work for Top of Mind—and he hasn’t left.
Tom Pearce has extensive experience in the financial services, asset management, mortgage finance, real estate and private equity arenas. He has worked in the center of the secondary market’s buyer-seller dynamic for more than 30 years.
To deal with the disruption of the COVID-19 pandemic, Freddie Mac Senior Director Benjamin Schweitzer and Freddie Mac’s Strategic Transformation team immediately accelerated their work on technology that supports remote property inspections, widely known as virtual inspections.
You might say Ike Suri is feeling the love these days. The quality of his vision in the past four years has transformed how many of us work. Plus, it’s hard to ignore the head of a company that has reviewed more than $1 trillion (that’s trillion with a “t”) in closing value.
It’s easy to make Matt Hansen happy. “I just love writing code,” the Founder and CEO of SimpleNexus and MBA NewsLink 2021 Tech All-Star, said. “If I wasn’t writing code at work, which I did for 14 years, I was writing code at home. Even after a decade of it, I just couldn’t get enough of it.”
On behalf of Mortgage Bankers Association Residential Board of Governors (RESBOG) Chair John Hedlund and Vice Chair Al Blank, MBA seeks members’ recommendations for individuals/companies to serve on RESBOG in future terms.
