Industry News

Real estate banking association forms new think tank

MBA group to guide industry planning for next decade

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A national mortgage banker's association has formed a think tank of real estate finance leaders to guide industry and company planning for the next decade, the association said today. Mortgage Bankers Association Chairman Regina Lowrie, who is also president of Gateway Funding Diversified Mortgage, announced the Council to Shape Change today. "This Council will assemble leading strategic thinkers in our industry and draw upon broad input from industry practitioners and outside experts to discuss and map out the future of issues fundamental to the industry's future success," Lowrie said. The Council will come together for a series of up to six monthly meetings, which will be moderated by an independent outside facilitator to assure "non-partisan" discussions, Lowrie said. The meetings will focus on seven major issues. These are: changing borrower profiles; customer relationship and workforce diversity; credit decisions, who makes them and how; operational demands and capabilities; cap...