June 17, 2019
What will be the most expensive natural disaster this year? Based on winter 2018-19 being the wettest on record in the United States, the NOAA predicts it could be flooding.
The Hudson Yards neighborhood has established itself as Manhattan's new and vibrant live, work, play area and it is drawing office tenants from other areas of the city, especially Midtown Manhattan.
Production profitability for independent mortgage banks increased to 7.5 basis points--$285 per loan--in the first quarter, from a reported loss of 11 bps ($200 per loan) in the fourth quarter, according to the MBA Quarterly Mortgage Bankers Performance Report released last week.
In the latest episode of mPower Moments, mPower Founder Marcia M. Davies interviews Maren Kasper, Acting President of Ginnie Mae, who discusses advice and insight on planning a path for your career and the importance of transparency and active listening to solve large and small problems.
Lisa Haynes, Chief Financial and Diversity and Inclusion Officer of the Mortgage Bankers Association, was presented with a 2019 Diversity & Inclusion Award by the Council for Inclusion in Financial Services, at the CIFS Annual National FinServ Expo in Irving, Texas.
The Mortgage Bankers Association announced it awarded more than $90,000 in scholarships to 101 women and minorities under its Path to Diversity Scholarship Program during the first eight months of the 2019 fiscal year.
The Mortgage Bankers Association's Washington Report features MBA Associate Vice President of Legislative and Political Affairs Alden Knowlton, who discusses the Ginnie Mae 2020 update; the Federal Housing Finance Agency's yearly report to Congress; and the House Financial Services Committee's approval of a bill authorizing the National Flood Insurance Program for five years.
MBA Associate Vice President of Economic and Industry Forecasting Joel Kan breaks down the MBA Weekly Applications Survey for the week ending June 7.
In this MBANow video, MBA Vice President of State Government and Industry Relations William Kooper discusses MBA's growing campaign to secure remote online notarization nationwide.
The following report was written from the 26 interviews I conducted face to face with senior mortgage company executives from an equal number of companies in New York City at the MBA National Secondary Market Conference May 19-22. The surveys, conducted twice annually and have been for more than a decade, are designed to capture facts, thoughts, opinions, attitudes and expectations of two dozen plus mortgage executives in the hope of capturing the thinking of an industry on a battery of questions concerning their firms and the broader lending community.