BREAKING NEWS
RIHA Report on Climate Change: Mortgage Industry Needs to Improve Risk Management Measurements
Climate change triggered by global warming will continue at an unpredictable pace and will add stress to the complex system of allocating risks across housing and housing finance stakeholders, according to a new research report released Thursday by the Mortgage Bankers Association's Research Institute for Housing America.
Existing home sales fell in August, the first decline in three months, the National Association of Realtors reported Wednesday.
The Federal Reserve isn’t planning on raising key interest rates any time soon, but the trigger finger appears to be getting itchier.
As the largest U.S. office market, New York provides a good case study of possible pandemic pressures on office demand, said Fitch Ratings, New York.
Partnership will deliver first-ever centralized repository for digital closing acceptance criteria to help lenders more easily adopt digital mortgage closings
After laying low for a while, refinance applications came roaring back last week, while purchase applications reached their highest level since April, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending September 17.
Institutional Property Advisors, Ontario, Calif., brokered southern California office and multifamily property sales totaling $72.6 million
One in a recurring series about MBA CONVERGENCE, the Mortgage Bankers Association’s affordable housing initiative.
With the effects of the pandemic now stretching into a second year, many mortgage companies are beginning to feel the pressure to have employees return to the office. However, while returning may seem like the right move on the surface, it is important to consider the reasoning behind this decision and whether it is completely necessary.
Data is the “dark matter” of M&A events. Data is made even more important with widespread digital transformations of processes, predictive analytics, and advanced machine learning. During an M&A event, the cascading challenges to leverage these siloed data innovations across Industry 4.0 ecosystems requires a framework that moves beyond the prescriptive, one-size-fits-all strategy.
Brian Vieaux is a director of AXIS Lending Academy. He is also the president and COO of FinLocker, a provider of next-generation, digital, consumer-permissioned personal financial assistance tools. He has three decades of home lending experience and has held leadership roles at Citigroup, Flagstar and IndyMac Bank.
The face of lending has changed – from large banks and financial institutions to online consumers and lenders. With the pandemic mandating social distancing and lockdowns, businesses and individuals are looking for lenders that can perform the borrowing journey remotely and faster than before.
The likelihood of more aggressive federal enforcement is of special concern to smaller, growing mortgage lenders.
