MBA Education and the American Land Title Association present a special Digital Closing & eMortgage Boot Camp Dec. 11-12 in Arizona at the Hilton Scottdale Resorts & Villas. https://www.mba.org/store/events/classroom-course/mba-and-altas-digital-closing-and-emortgage-boot-camp-az
MBA Newslinks Archive
MBA Independent Mortgage Bankers Conference in New Orleans Feb. 3-6
As an Independent Mortgage Banker, you are constantly looking for market opportunity–to expand your network, grow your business. Join us to get the latest insights and updates on industry trends …
CSBS License Renewal Period Underway; Deadline Dec. 31
The Conference of State Bank Supervisors announced the start of the license renewal period for individuals and businesses that provide mortgage, money transmission, debt collection and consumer financial services to consumers. These individuals and businesses are required to maintain and renew licensure through the Nationwide Multistate Licensing System.
Balancing the Joy of Home-Buying and the Agony of Mortgage Loan Processing with Blockchain
Close your eyes and imagine a world with real-time borrower and property data available that was guaranteed to be accurate. Pipe dream you say? I say near-future achievable.
MBA Chart of the Week: CPI Inflation–Shelter Costs
Housing affordability challenges–for both buying and renting–continue to be a topic of discussion. According to the Bureau of Labor Statistics, shelter costs continue to outpace the price growth of overall goods and services, as measured by the Consumer Price Index.
The Week Ahead
A busy month continues for the Mortgage Bankers Association, with several reports coming in the next two weeks.
Ellie Mae: Millennial Home Refinance Boom at 3-Year High
Ellie Mae, Pleasanton, Calif., said Millennials closed 33% of all mortgage refinances in September, the largest such share since it began tracking data in January 2016.
MISMO Issues Taxpayer Consent Language as Solution for New IRS Requirement on Sharing Tax Transcripts
MISMO, the mortgage industry standards organization, issued its Taxpayer Consent Language, which permits lenders to share tax information received from the Internal Revenue Service with other parties involved in a mortgage transaction.
Young Homebuyers Are Vanishing From the U.S.
Bloomberg, Nov. 8, 2019–Reade PickertFaced with higher property prices and piles of student debt, Americans are getting older and older before they buy a home.https://www.bloomberg.com/news/articles/2019-11-08/young-homebuyers-vanish-from-u-s-as-median-purchasing-age-jumps?srnd=premium
Taylor Morrison Acquiring William Lyon Homes in Deal that Creates 5th-Largest Home Builder
HousingWire, Nov. 7, 2019–Maleesa SmithTaylor Morrison is expanding again with another billion-dollar acquisition. This time, Taylor Morrison is set to acquire of one of the nation’s largest homebuilders in the …