BREAKING NEWS
Applications Rise in MBA Weekly Survey
Mortgage applications rose for the first time in five weeks, even as interest rates jumped to the highest level since 2008, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 10.
New reports present a mixed bag on U.S. foreclosures, with CoreLogic, Irvine, Calif., reporting a new low in foreclosure rates, while ATTOM, Irvine, reported an uptick in foreclosure activity.
STR and Tourism Economics upgraded their recovery timeline for U.S. hotel revenue per available room.
OptifiNow, Seal Beach, Calif., deployed its custom CRM platform for Reverse Mortgage Lending, a reverse mortgage originator based in San Diego. Reverse Mortgage Lending selected OptifiNow as its CRM platform to manage its marketing campaigns and track loans in process more effectively.
Planet Home Lending LLC, Meriden, Conn., hired Kathryn Edelen as Regional Vice President of Sales. She will manage the Eastern U.S. for Planet and will focus on capturing market share through addition of branches and mortgage loan originators.
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association’s Annual Convention & Expo 2022, taking place October 23-26 at Music City Center in Nashville.
Northmarq, Minneapolis, refinanced a senior housing community and a multifamily property in transactions totaling $61.9 million.
Bruno Pasceri is President of Incenter LLC, Fort Washington, Pa., which helps mortgage bankers optimize processes and improve performance.
MBA CONVERGENCE presents a timely webinar, Understanding and Serving Today's Buyer, on Thursday, June 23 from 3:00-4:00 p.m. ET.
Buying (and now owning) a home can be a challenging endeavor. Our journey started with a year-long search for the right home. We then went through a stressful six-month renovation. And as sticker shock set in, we ended up needing to take out a HELOC to pull it all off. It was by far the biggest investment I’ve made in my life so, of course, the experience had its ups and downs.
As fintechs explode into the mortgage industry, how do lenders know which digital solutions are best for them?
MBA Diversity, Equity & Inclusion Presents the next installment of its webinar series, Voices: Courageous Conversations with Men of Color, on Tuesday, June 21, from 3:00-4:15 p.m. ET.
