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Wednesday, January 17, 2018
Feature Photo
mPower Moves With--And Ahead--of the Times

The brainchild of MBA Chief Operating Officer Marcia Davies, MBA Promoting Opportunities for Women to Extend their Reach--better known as mPower--provides a platform for women to strengthen their networks, achieve professional growth and development and exchange ideas and information about the real estate finance industry and broader economy.

January 16, 2018

December 29, 2017
By MBA Insights Staff
Nominations for MBA Insights 2018 Tech All-Star Awards Deadline Jan. 19

The Mortgage Bankers Association and MBA Insights are accepting nominations for the MBA Insights 2018 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 19.

Topics:
MBA Insights
Tech All-Star Awards
January 16, 2018
By MBA Insights Staff
Q&A with Matthew Tomiak of Redwood Trust Inc.

Matthew J. Tomiak is managing director with Redwood Trust Inc., Mill Valley, Calif., the largest U.S. issuer of jumbo private-label mortgage-backed securities. He helps manage Redwood's jumbo loan conduit and securitization programs and is a frequent speaker and author on structured finance and securitization in the mortgage industry.

Topics:
Matthew Tomiak
Redwood Trust Inc.
Mortgage-Backed Securities
January 16, 2018
By James Ramey
Customer Service in Financial Firms Powered By Artificial Intelligence & Predictive Analytics

Over the years, banks and other financial firms have adopted advancements in technology, such as the Internet, online banking and smartphones  into their business performances. Another major change in the customer service industry is already in the works.

Topics:
James Ramey
Artificial Intelligence
Predictive Analytics
January 17, 2018
By MBA Insights Staff
Video

The Mortgage Bankers Association released a new video featuring MBA Vice President of State Government Affairs and Industry Relations William Kooper, who discusses an MBA-sponsored Remote Online Notarization model legislation for states.

Topics:
MBANow
William Kooper
Online Notarization Legislation
January 12, 2018
By MBA Research & Economics
MBA Chart of the Week: Census vs. MBA--New Home Sales Estimates (Not Seasonally Adjusted)

The Mortgage Bankers Association estimates new single-family home sales were running at a seasonally adjusted annual rate of 554,000 units in December, or 40,000 units on an unadjusted basis, based on data from our Builder Application Survey.

Topics:
MBA Chart of the Week
New Home Sales
January 16, 2018
By MBA Insights Staff
Slideshow
Slideshow: CoreLogic Examines Home Price Growth

CoreLogic, Irvine, Calif., said home prices grew more than 6 percent year-over-year for the fourth consecutive month.

Topics:
CoreLogic
Home Price Index
Frank Martell
January 16, 2018
By MBA Insights Staff
People in the News

Cloudvirga, Irvine, Calif., hired Jim Portner as chief product officer and Sean McEvoy as Chief Customer Officer.

Topics:
People
January 17, 2018
By MBA Insights Staff
Video

In this MBA video, Mortgage Bankers Association Chairman Dave Motley, CMB, previews the MBA National Mortgage Servicing Conference & Expo, taking place Feb. 6-9 in Dallas.

Topics:
MBANow
MBA Servicing Conference & Expo
Dave Motley
January 16, 2018
By Steve Greenfield, CMB
Invest in Yourself and Earn Your CMB

The Mortgage Bankers Association's Certified Mortgage Banker designation through MBA Education is considered one of the most robust mortgage-specific designations available. I recently had the opportunity to study the course with 29 fellow industry colleagues.

Topics:
Steve Greenfield
Certified Mortgage Banker Designation
MBA Education
January 9, 2018
By Ann Fulmer
Video

In the latest episode of her Buzzworthy podcast series, Ann Fulmer, chief strategy and industry relations officer for automated asset verification provider FormFree, Atlanta, suggests steps lenders should take to make the most of GSE pilots and other industry initiatives--whether they are participating in those pilots or not.

Topics:
Ann Fulmer
Buzzworthy
Pilot Programs
January 9, 2018
By Edem Togbey, Milliman; Jennifer Hannah, Richey May
Is It Time for A Repurchase Reserve Release?

Lenders generally reserve against GSE repurchase exposure by setting aside a certain percentage of the original balance at origination for future repurchases. Considering the vast change in underwriting standards and guidelines from the loose underwriting standards before the global financial crisis of 2008 to today's very tight underwriting standards, it is time to re-evaluate how much is set aside for this exposure.

Topics:
Government-Sponsored Enterprises
Reps and Warrants
Reserve Release
January 9, 2018
By Barbara Byrne Denham
Should We Worry about Slowing Renter Occupancy in Favor of Owner Occupancy? No, Here's Why

Data suggests that only a few metros are contributing to a renting-to-owning shift. Deciphering which are and which are not is critical--as is understanding what is driving this shift at the local level.

Topics:
Multifamily
Reis
Owner-Occupied Vs. Renter-Occupied
January 12, 2018
By MBA Insights Staff
Video

The Mortgage Bankers Association released a new video featuring MBA Chairman Dave Motley, CMB, who discusses his recent testimony on Capitol Hill and how the lending community is addressing "churning" of VA loans.

Topics:
MBANow
Dave Motley
VA Loan 'Churning'
January 9, 2018
By MBA Staff
MBA Premier Member Profile: Info-Pro

Info-Pro has been helping residential, commercial and agricultural lenders of all sizes manage risk and reduce costs while improving operational efficiencies related to servicing their mortgage loan portfolio.

Topics:
MBA Premier Member
Info-Pro
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