With inflation currently at 9.1% and interest rates expected to rise further, reverse mortgages could help senior borrowers with funds for living in place.

MISMO®, the real estate finance industry standards organization, seeks public comment on a standardized template to facilitate the bidding process for mortgage-backed securities between mortgage originators and dealers for Bids Wanted in Competition (BWIC).

Northmarq’s San Francisco office secured $97.7 million in acquisition financing for a six-building industrial portfolio totaling 1.05 million square feet.

In the mortgage industry’s current environment of rising rates, shrinking volumes and tight-enough-to-choke margins, lenders are faced with making tough decisions in their efforts to “right the ship,” according to mortgage advisory firm STRATMOR Group, Greenwood Village, Colo.

While profit margin compression impacts all lenders, smaller lenders often feel the impact more significantly. These lenders may not have the same resources or volume to bear the impact of squeezed profit margins. The question is, in the face of these obstacles, how can mortgage lenders successfully navigate the margin compression and market volatility wave?

After the death of George Floyd in 2020, many banks and mortgage companies announced commitments to social justice and addressing the persistent homeownership gaps in this country. SPCPs, despite the challenges, can be an effective tool for addressing the gap.

While being data-driven is an important milestone for many, it’s time to move forward to the next destination on this digital journey. Let’s talk about making the jump from data-driven decision-making to model-driven decision-making.

The Mortgage Bankers Association's annual Human Resources Symposium takes place Sept. 8-9 in Arlington, Va.