Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association's 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
MBA, Trade Groups Offer Support for CFPB Commission Bill
The Mortgage Bankers Association and nearly two dozen other industry trade groups expressed support for a bill that would alter governance of the Consumer Financial Protection Bureau from a single director to a five-person, bipartisan commission.
MISMO Releases Version 3.5 Residential Standards for Public Comment
MISMO, the Mortgage Industry Standards Maintenance Organization, released Version 3.5 of the MISMO Reference Model for a 60-day public comment period through June 3.
Buzzworthy with Ann Fulmer: Minimzing Vendor Risk
What are the chances that a vendor's misbehavior could get a lender into trouble? Are there risks, which might not be recognized, that occur more often than we might expect? And does the standard due diligence process provide enough information for lenders to be able to accurately judge the risk posed by their vendors?
Mortgage Rate Increases Drive Apartment Investment Index Drop
Significant mortgage rate increases drove declines in Freddie Mac's Multifamily Apartment Investment Market Index across most markets for both the fourth quarter and the full year.
Dealmaker: G.S. Wilcox & Co. Arranges $88M
G.S. Wilcox & Co., Morristown, N.J., secured $87.9 million in financing for industrial, retail and multifamily properties in New Jersey and New York.
MBA Annual Convention & Expo in Washington Oct. 14-17
Join thousands of your industry colleagues in our nation's capital this October for the Mortgage Bankers Association' Annual Convention & Expo 2018.
MISMO Seeks Blockchain Working Group Members
MISMO launched a new group to discuss the potential for using blockchain in the industry and invited interested parties to participate.
MBA Education Credit Scores in Loan Origination Apr. 24, May 3
MBA Education offers a two-part webinar series, Credit Scores in Loan Origination, on Tuesday, Apr. 24 (Part I) and Thursday, May 3 (Part II) from 2:00-3:30 p.m. ET.
MBA Education School of Loan Origination Instructor-Guided Online Course Apr. 30-May 24
MBA Education offers its School of Loan Origination Instructor-Guided Online Course Apr. 30-May 24.
U.S. Watchdog Seeks Record Fine Against Wells Fargo for Abuses
Reuters, Apr. 9, 2018--Patrick Rucker
Big Banks Find a Back Door to Finance Subprime Loans
Wall Street Journal, Apr. 10, 2018--Peter Rudegeair, Rachel Louise Ensign, Coulter Jones (subscription)
More Consumers Report It's a Good Time for home Purchases
National Mortgage News, Apr. 9, 2018--Elina Tarkazikis (subscription)
How Did Refis Impact the 2008 Financial Crisis?
DS News, Apr. 10, 2018--David Wharton
MGIC Cutting Mortgage Insurance Prices for Borrowers
HousingWire, Apr. 9, 2018--Kelsey Ramírez
Will New Deutsche Bank CEO Christian Sewing Change The Lender's Real Estate Strategy?
Forbes, Apr. 9, 2018--Ely Razin
New Penn Financial Acquiring Envoy Mortgage's Correspondent Lending Division
Housing Wire, Apr. 9, 2018--Ben Lane
A Miami Real-Estate Developer Readies for Flying Cars
Wall Street Journal, Apr. 9, 2018--Candace Taylor (subscription)