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Volume 23 Issue 9

Friday, January 12, 2024

ATTOM: 2023 Foreclosure Filings Top 2022, but Remain Below Pre-Pandemic Numbers

ATTOM, Irvine, Calif., released data on year-end 2023 foreclosures, finding that foreclosure filings were up 10% from 2022 and 136% from 2021. However, they were down 28% from pre-pandemic 2019.

MISMO Releases 2023 Annual Report at Winter Summit

MISMO, the real estate finance industry's standards organization, released its 2023 Annual Report at its 2024 Winter Summit.

Inflation Increases Slightly in December

The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.

MBA VIDEOS

MBA Research Minute

MBA Research Minute

mPower Moments: Hard Work and Limitless Opportunities with Fannie Mae’s Priscilla Almodovar

mPower Moments: Hard Work and Limitless Opportunities with Fannie Mae’s Priscilla Almodovar

MBA Eye on Washington

MBA Eye on Washington

Attendees made HERstory at mPowering You 2023!

Attendees made HERstory at mPowering You 2023!

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TOP NATIONAL NEWS

Americans Rush to Refinance Homes as Mortgage Rates Drop
Mortgage Rates Up Following Inflation Report
There’s Finally Hope for the Office Real Estate Market
Just 4% of CEOs Are Prioritizing Bringing Workers Back Into the Office Full Time
Why This Is a Good Year to Be a Renter, in Three Charts

MBA NEWS

Deadline Today, Jan. 12: Apply for MBA Education’s Future Leaders Program
Residential Certified Mortgage Servicer (RCMS) Designation
MBA Legal Issues and Regulatory Compliance Conference May 5-8
MBA Education Advantage: Learn for Less

Quote: Jan. 12, 2024

"Reflecting on 2023, we see the recent rise in foreclosure activity as a market correction rather than a cause for alarm. It signals a return to more traditional patterns after years of volatility." --ATTOM CEO Rob Barber

MISMO Honors Annual Award Recipients at 2024 Winter Summit

MISMO, the real estate finance industry's standards organization, announced the recipients of its MISMO Awards program during its 2024 Winter Summit. The MISMO Awards program recognizes the volunteer contributors for their efforts to advance MISMO standards, increase participation and support the organization.

February 02, 2024

In the Latest MBA CMB Technology Committee Newsletter

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The MBA CMB Technology Committee’s newest newsletter is out. This issue discusses the first annual CMB Technology Committee survey results and profiles Rhiannon Bolen, CMB, AMP, Suha Beidas Zehl, CMB and Larry Fried, CMB in addition to other news.

January 16, 2024

LERETA’s John Walsh: Higher Taxes and Insurance Will Surprise Borrowers with Escrow Accounts in 2024. Are Servicers Ready?

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While homeowners across the U.S. are celebrating the record-high appreciation in their home values and, as a result, their home equity, servicers are preparing for the other shoe to drop: an accompanying rise in real estate taxes, affecting escrow balances and creating issues for both borrowers and servicers.

January 11, 2024

Industry Briefs, Jan. 12, 2024

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Industry news from Blue Sage Solutions, FundingShield, FICO and CrossCountry Mortgage.

January 11, 2024

FHFA TechSprint Spotlights Themes Related to Mortgage Technology

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The Federal Housing Finance Agency last summer held its “Velocity” TechSprint, bringing people together to ponder how data digitization could drive transparency and increase access, fairness, affordability and sustainability in mortgage lending. FHFA briefed MISMO Winter Summit attendees about the program Monday.

January 11, 2024

Tim Nguyen from BeSmartee: 2024 Strategies for Mortgage Executives–Breaking Down Expenses, Technology and the 20% Volume Surge

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For most mortgage lenders, 2024 will be a better year, but not a great year due to too many chasing a finite market. 2024 is what I call a “foundational year,” where you rebuild the very structure your business sits upon.

January 11, 2024

MBA DEI Playbook Member Resource

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MBA and its member companies continue to make significant strides in furthering diversity, equity and inclusion (DEI) within the real estate finance industry. It is our collective mission to ensure that our industry’s workforce reflects the communities we serve.

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