From the outside, lending looks like a straightforward business. All you have to do is take the application from someone who wants a loan and determine whether or not you think they are a good risk for the deal and will repay the loan. Of course, it’s not that simple. It never has been.

Sure, you could acquire more companies or recruit hotshot producers to grow-but those strategies take a lot of resources, and their success is far from guaranteed. What if, instead, you found a hidden opportunity within your existing footprint?

MISMO®, the real estate finance industry's standards organization, is seeking nominations for qualified industry professionals to serve on MISMO’s Commercial Standards Governance Committee for a term ending on December 31, 2024. Nominations will be accepted until 8:00 PM ET on Friday, June 23, 2023.

Join MBA's Research & Economics team online for a deep dive behind the data during our one-of-a-kind Single-Family Research & Economics Showcase. Led by MBA Chief Economist Mike Fratantoni, this two-day online event highlights the most current results and insights from our popular residential surveys, forecasts and reports.

Every lender that gets excited about what AI will finally allow them to do--and that list is long--also needs to carefully consider how they will earn those investments back, with a return.

The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.