BREAKING NEWS
MBA: Loans in Forbearance Flat over Holidays; Applications Drop in MBA Weekly Applications Survey
The Mortgage Bankers Association’s Forbearance and Call Volume Survey showed little change over the holiday season--and in fact, has shown little change over the past two months.
Despite near-record low interest rates, Americans had the holidays in mind and not mortgages, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 25 and Jan. 1.
The Zillow analysis said homes owned by Black and Latino households are worth 16.2% and 10.2% less, respectively, than the typical U.S. home -- gaps that have closed by about 4 percentage points from their widest points following the Great Recession.
Yardi Matrix, Santa Barbara, Calif., said multifamily sales transactions fell sharply in 2020 due to the pandemic. But a rebound could be on the way.
The Mortgage Bankers Association introduces a new three-part virtual series, Voices: Courageous Conversations with Women of Color, beginning Tuesday, Jan. 12.
The Mortgage Bankers Association is accepting nominations for the MBA NewsLink 2020 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 29.
CBC Mortgage Agency, Cedar City, Utah, promoted Miki Adams to president. Adams takes over from Richard Ferguson, who will work on developing new affordable housing initiatives.
As the commercial real estate finance market experienced fits and starts last year, no capital source provided more transparency into commercial real estate than CMBS with its monthly investor reporting and credit rating agency coverage creating a window into market performance and challenges for certain retail and hospitality assets.
As mortgage technology continues to evolve, it needs to look inward, toward manufacturing loan assets to truly streamline the mortgage lending process as we know it.
MBA NewsLink interviewed GME Enterprises President and CEO Gwen Muse-Evans about mortgage servicing during a pandemic.
Leveraging the right data analytics can provide today’s mortgage companies with many competitive advantages and allow them to better support their LOs - letting them focus on what they do best and maximizing both customer satisfaction and revenue.
LPC West, Los Angeles, and Geyser Holdings, Encinitas, Calif., acquired creative office campus 959 Seward in Hollywood, Calif.
