The Mortgage Bankers Association nominated Brian Stoffers, CMB, Global President of Debt & Structured Finance with CBRE, Los Angeles, as its Vice Chairman for the 2018 membership year.
Mortgages for Seniors? Available, But Exacting
New York Times, June 2, 2017--Vivian Marino
Commercial and Multifamily Mortgage Delinquency Rates Mostly Down
National Mortgage Professional, June 2, 2017--Phil Hall
House Set to Vote on Law to 'Dismantle' Dodd-Frank
HousingWire, June 2, 2017--Brena Swanson
House Republicans Seek to Double Tax Deductions on Mortgage Interest, Charitable Giving
Washington Times, June 4, 2017--David Sherfinski
How CFPB Lawsuit Puts Spotlight on Other Agencies' Independence
National Mortgage News, June 2, 2017--John Heltman (subscription)
How Trump can Make the FHA More Lender-Friendly
National Mortgage News, June 2, 2017--Brian Collins (subscription)
Holiday Pulls Down Weekly Mortgage Market Index
Mortgage Daily, June 5, 2017
12 Million Set for Credit Boost
Washington Post Writers Group, June 4, 2017--Kenneth R. Harney
More Loan Processes Are Going Digital
UExpress, June 2, 2017--Lew Sichelman
Mortgage Trustees Accept Lehman's $2.4 Billion Bankruptcy Offer
Wall Street Journal, June 2, 2017--Andrew Scurria (subscription)
Mortgage Company Investors Demand Its Liquidation
Mortgage Professional America, June 2, 2017--Ryan Smith
S&P: Mortgage Bond Market on Track for Best Year Since 2013
HousingWire, June 2. 2017--Ben Lane
CMBS Delinquency Highest Since 2015
Mortgage Daily, June 2, 2017
MBA Advocacy Update
Congress was in recess last week for the Memorial Day break. When they return this week, the Senate Banking Committee will hold a hearing on the nomination of Pamela Hughes Patenaude to serve as Deputy Secretary at HUD and the House Financial Services Committee will hold another hearing on flood insurance.
MBA Chart of the Week: Annual Change in Owner-Occupied, Renter Households
According to the Census Bureau's Housing Vacancy Survey, U.S. household formation ticked up in the first quarter, increasing by 1.2 million households from a year ago.
Low Numbers Don't Deter Unemployment Rate
Despite adding just 138,000 jobs in May, the nation's unemployment rate fell to its lowest level since 2001, the Labor Department reported Friday.
The Week Ahead
On Tuesday, June 6, the Senate Banking Committee considers the nomination of Pamela Hughes Patenaude as Deputy Secretary of Housing and Urban Development with HUD.
Hotels See Steady Rates, Inconsistent Bookings
Heading into the high-traffic summer months, hotels continue to experience stable average daily rates but decreasing bookings, reported TravelClick, New York.
Dealmaker: Quantum Capital Partners Arranges $50M in CMBS Debt
Quantum Capital Partners, Beverly Hills, Calif., arranged two separate commercial mortgage-backed securities loans totaling $50 million to refinance two southern California retail properties.
Peyton Manning, Carla Harris Keynote MBA Annual Convention & Expo
The Mortgage Bankers Association's Annual Convention & Expo, THE ONE, takes place Oct. 22-25 in Denver; save $200 with early registration.
MBA Education Collateral Underwriting Workshop July 21
MBA Education presents its Collateral Underwriting Workshop on Friday, July 21 from 8:30 a.m.-5:00 p.m. ET MBA Headquarters in Washington, D.C.
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.