The U.S. homeownership rate, which fell in 2014 to a 20-year low, is poised to recover some in the next few years, buoyed by positive underlying fundamentals, said First American Financial Corp., Santa Ana, Calif.
RE/MAX: July Home Sales Down, But Sold at Faster Pace
RE/MAX, Denver, said July home sales decreased slightly, although homes sold at a faster rate than any month in nearly a decade.
Fannie Mae: Upside Offsets Downside, Keeps Economic Growth on Pace
Looming geopolitical tensions and the growing potential for a U.S. government shutdown as well as a technical default pose risks to the economy but are not expected to derail full-year growth of 2.0 percent, according to the Fannie Mae Economic & Strategic Research Group's August Economic and Housing Outlook.
The Law Offices of Thomas W. Rutledge APC, San Diego, reorganized as a licensed public adjuster firm and renamed the company Rutledge Claims Management Inc.
CMBS Supply/Demand Fundamentals Stable
Commercial property market supply and demand fundamentals remained stable in the first quarter, reported Moody's Investors Service, New York.
Dealmaker: Pacific Reach Properties Acquires L.A. Office Complex for $62M
Pacific Reach Properties, Vancouver, B.C., purchased Sherman Plaza, a two-building office complex on seven acres in Los Angeles.
John Legend Highlights ConcertMBA at MBA Annual Convention & Expo
This year's Mortgage Bankers Association's Annual Convention & Expo, taking place Oct. 22-25 in Denver, welcomes Grammy Award-winning singer-songwriter John Legend for ConcertMBA.
MISMO Fall Summit Sept. 25-29
The MISMO Fall Summit takes place Sept. 25-29 in Crystal City, Va., just outside Washington, D.C.
MBA Summit on Diversity and Inclusion Dec. 4-5
The Mortgage Bankers Association's annual Summit on Diversity & Inclusion takes place Dec. 4-5 at the Capital Hilton in Washington, D.C.
MBA Education Successor In Interest State Level Reports Available
MBA and the Compliance Essentials program, in collaboration with leading legal experts, have created state-by-state reports to help servicers understand documents that are required to verify a successor in interest's status in each state.
Deadline Looms on Flood Insurance Program
Scotsman Guide, Aug. 21, 2017--Victor Whitman
Mr. Cooper Launching Mortgage-Linked Credit Card
HousingWire, Aug. 21, 2017--Ben Lane
Housing Recovery Suffers, But Don't Blame the Millennials
CNBC, Aug. 21, 2017--Diana Olick
No Money Down Mortgages? This Credit Union Welcomes Them Back
Orange County Register (Calif.), Aug. 21, 2017--Jonathan Lansner
Fannie to Allow Some Appraisal-Less Transactions
Mortgage Daily, Aug. 21, 2017
The Game-Changer for End-to-End Digital Mortgages: eClosings
HousingWire, Aug. 21, 2017--Brena Swanson
Higher Mortgage Rates that Many Expected in Trump Era Haven't Materialized
Boston Globe, Aug. 21, 2017--Katheleen Conti
Mortgage Production Reports Vary Widely
Mortgage Daily, Aug. 21, 2017--Sam Garcia
NY Re-Adopts Laws Requiring NY Mortgage Loan Servicers to Register and Post Surety Bonds
National Mortgage Professional, Aug. 21, 2017--Vic Lance
Fed's Big Bond Unwind May Clobber U.S. Stocks, Corporate Debt
Bloomberg, Aug. 21, 2017--Rich Miller, Sally Bakewell
Famed Plaza Hotel Is On the Block
Wall Street Journal, Aug. 22, 2017--Craig Karmin (subscription)