Commercial mortgage delinquencies increased in the second quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
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MBA’s President and CEO, Bob Broeksmit, CMB, issued the following statement following Federal Reserve Vice Chair Michael Barr’s speech outlining recommendations to re-propose the Basel III Endgame proposal:
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ATTOM released its August 2024 U.S. Foreclosure Market Report, which shows there were a total of 30,227 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 5.3 percent from a month ago and down 11 percent from a year ago.
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Panorama Mortgage Group (PMG), a multi-brand national mortgage company headquartered in Nevada, has announced that Hector Amendola, CMB, has been appointed President, effective immediately.
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Mortgage applications increased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending September 6, 2024. This week’s results include an adjustment for the Labor Day Holiday.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, announced Ben Head has joined the company as an account executive responsible for expanding LenderLogix’ market share.
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Xactus, a verification innovator for the mortgage industry, is now integrated with ACES Quality Management. ACES Quality Management and Control software helps lending institutions achieve audit efficiency across their mortgage origination, consumer lending, loan servicing and specialty lending activities.
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Kathleen (Kate) Dutill, J.D., LL.M., an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. Incenter is a family of companies that collaborate on creative solutions to improve lenders’ and depositories’ performance.
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LoanPASS, a provider of configurable loan decisioning and pricing technology for U.S. lenders, has launched LoanCOMPASS, a research tool designed to help lenders quickly find niche loan products.
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Optimal Blue will host its inaugural Optimal Blue Summit from February 3-5, 2025, at the Marriott Marquis San Diego Marina.
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