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Volume 15 | Issue 133 | Tuesday, July 12, 2016

The Lede

 

Zillow: Mortgage Payments Least Affordable for Low-Income Earners

People with low incomes spend nearly 23 percent of their income on monthly mortgage payments, compared to high-income earners, who spend just 11.5 percent of their income on monthly house payments, said Zillow Inc., Seattle.

 

Top National News

 
U.S. Mortgage Availability Falls in June: MBA

Reuters, July 11, 2016--Leong, Richard

Corker, Warner, Bipartisan Senate Coalition to FHFA: Leave GSE Reform to Us

HousingWire, July 11, 2016--Lane, Ben (MBA mention)

Commercial, Multifamily Originations Expected To Be Strong Throughout 2016

Mortgage Professional America, July 11, 2016--Smith, Ryan (MBA mention)

Home Equity Levels Rise, But Regional Concerns Linger

National Mortgage Professional, July 11, 2016--Hall, Phil

Many Borrowers Still Owe Too Much on their Homes

HousingWire, July 11, 2016--Ramirez, Kelsey

Mortgage Industry Struggles to Avoid Vendor Management Land Mines

Bloomberg Law, July 11, 2016--McGinn, Elizabeth; Shah, Moorari

Big CRE Lender Makes Case for High Concentrations

National Mortgage News, July 11, 2016--Prang, Allison; Davis, Paul

Who Is Eligible for Principal Reduction?...

HousingWire, July 11, 2016--Lane, Ben

Residential Finance News

 

Commercial/Multifamily News

 

MBA News

 

About MBA Newslink

President and CEO: Robert Broeksmit, CMB

Publisher: Marcia Davies, Chief Operating Officer

Vice President of Public Affairs: John Mechem jmechem@mba.org

Editor: Mike Sorohan 202/557-2855 msorohan@mba.org 

Editorial Director: Michael Tucker 202/557-2851 mtucker@mba.org 

Senior Editorial/Advertising Specialist: Lesley Hall 202/557-2856 lhall@mba.org

Advertising Opportunities: Bill Farmakis 203/834-8832 bill@jlfarmakis.com

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One Voice. One Vision. One Resource. The Mortgage Bankers Association  (MBA) is the national association representing the entire real estate finance industry. For more information visit us at mba.org.