BREAKING NEWS
On-Site Coverage of #MBASecondary2022
NEW YORK—Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, opened the MBA Secondary and Capital Markets Conference here on Monday in a very different mortgage environment from its most recent gathering three years ago.
NEW YORK—Consumer Financial Protection Bureau Director Rohit Chopra says the future of consumer finance—and financial regulation—lies in technology.
LOS ANGELES--Commercial mortgage servicers have faced--and weathered--a “crisis for the ages,” said Mortgage Bankers Association Chair-Elect Matt Rocco here Monday at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
NEW YORK—Federal Reserve of New York President and CEO John Williams said amid rising inflation, market volatility and an uncertain situation in Ukraine, the Federal Reserve has one word in mind: “normal.”
The Biden Administration on Monday announced new actions to improve housing supply and close the housing gap.
Desktop appraisals were supposed to be an exciting solution for a backlogged industry. What happened, and how do we fix it?
MISMO®, the real estate finance industry standards organization, launched a new mortgage insurance activation API standard.
Dwight Capital, New York, closed $108.2 million in loans for multifamily properties in Illinois and Connecticut and a bridge loan for a mixed-use property in San Francisco.
PGIM Real Estate appointed Christy Lockridge as its chief diversity, equity and inclusion officer, based in Chicago. She will build upon the firm’s expanded commitment to advancing diversity, equity and inclusion and will lead the business’s first formal DEI office.
mPower presents a webinar, Advocating for the Most Important Person in the Room - You!, on Tuesday, May 24 from 3:00-4:00 p.m. ET.
Housing markets are tight. Multifamily developers are responding. Developers are currently building 800,000 new homes in buildings with 5 or more units – the most since the mid-1970s – and will put-in-place a record $100 billion of multifamily housing construction this year.
The virtually untapped and growing market of Limited English Proficiency borrowers deserves consideration and investment, and promises real potential for lenders which do.
Mortgage servicing rights are a natural hedge to those who primarily focus on the origination side of the business. However, retaining servicing rights is not an easy business, not to mention properly valuing them, especially when the current volatile interest rate movement makes hedging a task only to the most sophisticated mind.