Speaking opportunities for breakout sessions are now being accepted for MBA’s Secondary & Capital Markets Conference & Expo 2023, taking place May 21–24 at the Marriott Marquis in Times Square.

The Mortgage Bankers last week renamed its highest award to honor Regina Lowrie, CMB, the first female MBA Chair, who passed away last month.

The outlook for 2023 remains uncertain – but we can anticipate more change, which necessitates new approaches and solutions. While there is no silver bullet, there are tangible things you can do to meet the moment and strengthen your team in 2023.

Digital and industry reimaging has provided a new, integrated product solution defined by equal parts of data sciences, technologies, and business experience. Data-as-a-Product (DaaP) represents a process and organizational mindset-shift for many within financial and mortgage services, yet when adopted, the new revenue generated and efficiencies gained, illustrates the next-gen business cycle.

The current groundswell of interest in down payment assistance is a silver lining for lenders amid stormy market conditions, creating an opportunity to answer the GSEs’ calls for greater housing equity while building revenue and lasting customer relationships in a tough mortgage market.

One idea that could help lenders stand out in this market is a rate-lock program to give qualified borrowers more time to shop for their home. And, by design, incentivize them not to also shop elsewhere for a different rate and so that they will close with the original lender.