Mortgage applications increased from one week earlier as an uptick in purchase applications offset a decrease in refinancings, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 17.
MBA Offices Closed Today, Thursday, Friday
Offices of the Mortgage Bankers Association are closed today, Wednesday, Nov. 22, for the Thanksgiving holidays and will remain closed on Thursday, Nov. 23 and Friday, Nov. 24.
Existing Home Sales Post 2% October Growth
Existing home sales rose by 2 percent in October, but dwindling inventories continued to hamper closings, the National Association of Realtors said yesterday.
Low Supply Keeps Market Below Potential
The housing market has been underperforming its potential since May, said First American Financial Corp., Santa Ana, Calif.--and it's only getting worse.
FHFA Shrinks Fannie Mae, Freddie Mac Multifamily Lending Caps
Fannie Mae and Freddie Mac multifamily lending caps will shrink slightly in 2018, the Federal Housing Finance Agency announced yesterday.
Dealmaker: MetLife Investment Management Lends $169M on Office, Multifamily
MetLife Investment Management, New York, lent $169.2 million on office and multifamily properties in Florida and Georgia.
MBA Premier Member Profile: Hilltop Advisors
Hilltop Advisors is a mortgage consulting firm that is an affiliate of The Hilltop Companies group.
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 Foundational Concepts in Residential Mortgage Servicing in Dallas Feb. 6
MBA Education presents a workshop, Foundational Concepts in Residential Mortgage Servicing, on Tuesday, Feb. 6 in Dallas in conjunction with the Mortgage Bankers Association's National Servicing in Mortgage Banking Conference & Expo.
MBA Education School of Mortgage Banking III in California Dec. 12-15
MBA Education offers its School of Mortgage Banking III from Dec. 12-15 at New American Funding in Santa Ana, Calif.
NAMB and MBA Seek Industy Support on Congressional Legislation
National Mortgage Professional, Nov. 21, 2017--Phil Hall
CFPB Approves Redesigned Mortgage Application
Mortgage Daily, Nov. 21, 2017
PHH vs. CFPB: Cordray Won't Be Around to See the Outcome of the Case
HousingWire, Nov. 21, 2017--Brena Swanson
Hurricanes Drive October's Increase in Late Mortgage Payments
National Mortgage News, Nov. 21, 2017--Brad Finkelstein (subscription)
Flagstar Has Survived--Now It Must Reinvent Itself
National Mortgage News, Nov. 21, 2017--Jackie Stewart (subscription)
Ocwen Announces Millions in New Mortgage Debt Forgiveness in Ohio
DS News, Nov. 21, 2017--David Wharton
Mall Owners Ramp Up Holiday Spending in an Era of Diminished Expectations
Wall Street Journal, Nov. 21, 2017--Esther Fung (subscription)
Gap Widens as Housing Market Continues to Underperform
National Mortgage News, Nov. 21, 2017--Elina Tarkazikis (subscription)