LAS VEGAS—Executives here at the Mortgage Bankers Association’s Technology Solutions Conference & Expo said the biggest lesson from the coronavirus pandemic: don’t let your company sit still.
LAS VEGAS—Security risks don’t just mean breaches and ransomware. Increasingly, individuals and companies are losing money due to wire fraud and other attacks.
MBA: Commercial, Multifamily Mortgage Bankers Originated $683B in 2021; Total Lending Tally Reaches $891B
Commercial and multifamily mortgage bankers closed $683.2 billion of loans in 2021, the Mortgage Bankers Association reported Thursday. MBA estimated total CRE lending including activity from smaller and mid-sized depositories totaled $890.6 billion.
Mortgage applications for new home purchases increased by 10 percent in March from February but fell by 5 percent from a year ago, the Mortgage Bankers Association reported Thursday in its Builder Applications Survey.
STR, Hendersonville, Tenn., reported hotel rooms under construction fell from one year ago, but noted properties in the planning stage increased significantly.
LAS VEGAS—A byproduct of the coronavirus pandemic: the real estate finance industry adopted innovative technology solutions with extraordinary speed. Now, said Mortgage Bankers Association Chair-Elect Matt Rocco, the industry must take the next step.