September 20, 2019
Efe Aghimien, AMP, is Chief Financial Officer of SWBC Mortgage Corp., San Antonio, Texas. He joined SWBC in 2017 and is responsible for overseeing strategic financial initiatives, day-to-day financial activities, planning and reporting.
Technology trends may ebb and flow, but separating hype from achievable return on investment is a constant regardless of the application, functional area and industry. Nowhere is this more apparent than in the mortgage lending space, where artificial Intelligence, powered by natural language processing and machine learning are solving critical business challenges and delivering ROI to early adopters.
The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year's record volume ($574 billion).
The critical defect rate decreased in the first quarter from the previous three quarters and is now within range of the critical defect rate for calendar year 2018, ARMCO reported.
MSNBC Morning Joe co-host Mika Brzezinski and mPower Founder Marcia M. Davies discuss the mPowering You, MBA's Summit for Women in Real Estate Finance, taking place Saturday, Oct. 26 in Austin, Texas in conjunction with the Mortgage Bankers Association's Annual Convention & Expo.
Zillow Group, Seattle, appointed Rian Furey, CMB, as President of Zillow Home Loans. In addition, he will oversee Zillow Group's Mortgage portfolio, which includes Marketplace and Mortech.
In this episode of CREF Corner Office Conversation, Matt Galligan, Vice Chairman of Real Estate Finance at CIT Group, and member of MBA's Board of Directors, discusses his insights on the CRE market and also shares advice for young professionals looking to advance in their careers in commercial real estate finance.
In this week's Washington Report, MBA Associate Vice President of Legislative and Political Affairs Tallman Johnson discusses developments on Capitol Hill and in Washington, D.C.
MBA Associate Vice President of Public Affairs Rob Van Raaphorst breaks down the MBA Weekly Applications Survey for the week ending Sept. 6.
In this episode of mPower Moments, mPower Founder Marcia M. Davies talks with Renee Schultz, Senior Vice President of Capital Markets with Fannie Mae, about making bold career moves, career opportunities for women in capital markets and the importance of having a diverse team.
In late August, the Wall Street Journal predicted robots and data may soon dominate the home appraisal industry. It highlighted the fact that regulations around the appraisal are loosening, which is opening up a door for new valuation technologies to enter the appraisal space.
There are only a handful of reasons why lenders go looking for a new quality control vendor--either they have undergone a bad audit, they are unhappy with their current provider or they've decided to no longer conduct QC in-house. Whatever the reason, choosing a QC vendor can be a process fraught with uncertainty, as this entity provides a mission-critical function for any mortgage company.