Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
Tag: Coronavirus

(Mortgage M&A Trends) Bill Neville of LoanLogics: Why Our Acquisition Worked—and What Lies Ahead for M&A
It’s no big secret that there has been an increasing number of mergers and acquisitions in the mortgage technology space over the past couple of years, and it should be no surprise why. The mortgage process remains costly, slow, deeply rooted in manual processes and much of it still involves paper documents instead of digital data.

(Mortgage M&A Trends) Paul Anselmo: Pandemic’s Impact on Digital Processes is Fueling M&A
For nearly two decades, creating a completely digital process from application to the secondary market has been one of the mortgage industry’s greatest, most exciting and most difficult challenges. The eMortgage remains an elusive goal—but today we’re closer to it than ever.

Servicing22: How the Pandemic Made Government Loan Programs More Nimble
ORLANDO—Perhaps the most innovative adaption in the real estate finance industry during the coronavirus pandemic came not from the mortgage industry itself, but from the historically least agile sector—government loan programs.

Servicing22: How the Pandemic Made Government Loan Programs More Nimble
ORLANDO—Perhaps the most innovative adaption in the real estate finance industry during the coronavirus pandemic came not from the mortgage industry itself, but from the historically least agile sector—government loan programs.

HUD Removes Temporary COVID-19 Underwriting Guidelines for Multifamily Transactions
HUD on Monday announced it would remove temporary COVID-19 underwriting guidelines for multifamily transactions under Section 223(f) of the National Housing Act, a move commended by the Mortgage Bankers Association.

Reports Cites Need for Lenders to Digitize Mortgage Process
Despite tremendous progress over the past few years—and perhaps accelerated by the coronavirus pandemic—the mortgage industry remains behind other industries in automating business processes to satisfy consumers, according to a study by Finicity, Salt Lake City, Utah.

Roxana Davidoff of Big Purple Dot: COVID’s Impact on Mortgage Marketing
Roxana Davidoff is founder and CEO of Big Purple Dot, Irvine, Calif., a provider of an ecosystem of mortgage marketing technologies that includes CRM lead management, lead recapture, predictive analysis and video production and texting.

Bruce Schultz of Gateway First Bank: Promoting Affordable Homeownership in the Age of COVID
The COVID-19 pandemic presents residential mortgage lenders with an opportunity to expand their role in a critically needed area of community development – advancing affordable homeownership.

Roxana Davidoff of Big Purple Dot: COVID’s Impact on Mortgage Marketing
Roxana Davidoff is founder and CEO of Big Purple Dot, Irvine, Calif., a provider of an ecosystem of mortgage marketing technologies that includes CRM lead management, lead recapture, predictive analysis and video production and texting.