The Mortgage Bankers Association and the Building Owners & Managers Association International have joined forces to provide information and training on the commercial real estate industry to each group's members.Through CampusMBA, the educational arm of the mortgage trade group, both associations will offer Web-based courses on topics such as mold and its impact on commercial buildings, tenant retention strategies, security and emergency preparedness, property and corporate facilities management, asset and portfolio management, and building operations.
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The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource.
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The publicly traded title holding companies all had stronger earnings as the mortgage market improved from one year prior.
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One in every 37 residential properties nationwide had a loan-to-value ratio of 125% or greater to begin the year, according to a new report.
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There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
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Max Levchin, CEO of the buy now/pay later lender, said recent tests show young adults prefer interacting with intelligent chatbots over phone-based agents, but the company doesn't foresee major cost savings from generative AI for a few more years.
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Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!
11h ago