In The News

The MBA Opens Doors Foundation (Opens Doors) has received $216,090 from Radian Group’s Opens Doors Opens Hearts campaign. The gift will allow Opens Doors to further deliver on its mission of providing mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.

The National REO Brokers Association (NRBA) says its members are reporting increased commercial real estate (CRE) foreclosure and resale activity as 2023 comes to an end. While much of the national focus is on distressed assets in the office space sector, more of the smaller, stand-alone structures that house small businesses are being repossessed and resold as well.

The Mortgage Bankers Association (MBA) has awarded $156,463 in scholarships to 179 industry professionals – including women and those from traditionally and historically marginalized and under-represented groups – under its Path to Diversity (P2D) Scholarship Program during the 2023 fiscal year, ending September 30.