BREAKING NEWS
May Mortgage Credit Availability Increases by 1.4%
Mortgage credit availability increased in May to its highest level since the onset of the coronavirus pandemic, but remained well below its 2019 peak levels, the Mortgage Bankers Association reported Thursday.
Hurricane seasons and climate change are threatening to redraw coastal U.S. maps. But it’s not stopping homebuyers from chasing down waterfront properties.
Freddie Mac, McLean, Va., said its Apartment Investment Market Index held steady in the first quarter as continuing low interest rates support the sector.
Cheryl Muhammad is owner and CEO of Assured Real Estate Services, Memphis, Tenn., which she founded in 2005. She is responsible for the company’s day-to-day operations. She has been an award-winning full-time real estate agent since 1999. She serves as Co-Chair of the CONVERGENCE Memphis Information and Trust Gap Workstream.
Full session and individual speaker proposals are now being accepted for the Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum 2021, taking place Sept. 28–29 via MBA LIVE.
Dwight Capital, New York, closed $126.2 million in financings for multifamily properties in three states.
Tom Millon, CMB, is CEO of Computershare Loan Services US, Ponte Vedra Beach, Fla.
Digitizing traditional paper coupons are one easy way for IMBs to increase efficiency, boost customer satisfaction and decrease the risk of payment delinquency, all while jumpstarting the move to low-risk, low-cost digitally automated processes.
Lisa Springer is a senior partner and CEO of STRATMOR Group, Greenwood Village, Colo., a data-driven mortgage advisory firm. She provides direction and leadership to achieve the firm’s strategic goals.
For all intents and purposes, RON has truly been a global solution, and given the renewed effort at the federal level for nationwide RON authorization, the shift may happen sooner rather than later for any remaining nay-sayers.
Ahead of a scheduled vote Wednesday on part of the Biden Administration’s multi-billion-dollar infrastructure bill, the Mortgage Bankers Association sent a letter to the House Transportation and Infrastructure Committee urging support for two provisions that support affordable housing incentives.
The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards. Nomination deadline for this year's awards is Aug. 13.
