TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1265321
M R EP O RT | 3 M R EP O RT | 3 CO NTE NTS FEATURES 10 A SHIFT FROM SINGLE-FAMILY ZONING Cities in Oregon, California, and more have passed laws limiting single-family zoning in lieu of high-density. Lawmakers and experts discuss what this means for the industry. 14 THE DIGITAL NECESSITY Proper virtual inspections require appraisers to use the right tools, tech, and have borrowers willing to participate. 26 HOW HAS COVID-19 IMPACTED THE UNDERWRITING PROCESS? Analysis says lessons learned from the Great Recession can assist during the most- recent downturn. 32 TRADING MORTGAGE FOR POLITICS With more than 20 years' experience in the mortgage industry, Frank Pallotta looks to use his expertise to help the people of New Jersey. EXPERT INSIGHTS 19 ESTABLISHING THE PASS-THROUGH ASSISTANCE PROGRAM The program has advanced more than $3 million in funds to servicers since its inception. 20 PROJECTING PURCHASES FOR 2020 Michael Oursler, COO, NewDay USA, spoke with MReport about how the pandemic could cause mortgage companies to rethink business processes. 23 HOUSING 'MORE AFFORDABLE' DUE TO FALLING MORTGAGE RATES Odeta Kushi, Deputy Chief Economist, First American Financial, discusses how those with stable incomes can take advantage of "historically low mortgage rates." 24 HELPING HOMEOWNERS UNDERSTAND THEIR OPTIONS, RECOGNIZE FRAUD DURING COVID-19 Danielle McCoy, VP and Fair Lending Officer, Fannie Mae, spoke on what the GSE is doing to ensure borrowers are not scammed during times of financial hardship. 30 COVID-19'S IMPACT ON MORTGAGE CREDIT Eric Kaplan, Director, Milken Institute of Financial Research, Vice-Chair of the Consumer Advisory Board of the Consumer Financial Protection Bureau, spoke on how the pandemic will cause credit limits to rise. DEPARTMENTS 4 MTECH A Focus on the Customer 7 MDWELL Best Markets For Millennials During the Pandemic 8 MCROWD Who's moving on and who's moving up in the industry.