Mortgage applications fell for the second straight week even as key interest rates fell, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending April 6.
The Fair Housing Act at 50
Fifty years ago today, on April 11, 1968, President Lyndon Johnson signed into law Title VIII of the Civil Rights Act--better known as the Fair Housing Act.
January Early-Stage Delinquencies, Inventories Down
CoreLogic, Irvine, Calif., said mortgage delinquencies fell in January as the impact from 2017 hurricanes and wildfires faded.
Ranieri Solutions, New York, a financial services technology investment firm founded by Lewis S. Ranieri, partnered with Symbiont, a blockchain and smart contract company, to explore opportunities to use Symbiont's platform to improve the mortgage industry.
Manhattan Office, Apartment Sectors Diverge
Manhattan's office and apartment sectors diverged in the first quarter, reports said.
Dealmaker: Arbor Funds $57M in Multifamily Loans
Arbor Realty Trust, Uniondale, N.Y., funded two loans totaling $56.7 million, both secured by Texas multifamily properties.
MBA Commercial/Multifamily Servicing/Technology Conference in Miami May 20-23
The Mortgage Bankers Association's annual Commercial/Multifamily Servicing and Technology Conference takes place May 20-23 at the Intercontinental Miami.
Upcoming MBA Education School of Mortgage Banking Courses
MBA Education presents its School of Mortgage Banking Course I & II in Irvine, Calif. May 1-4.
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.
Drop in Refinance Revenue Could Challenge Independent Mortgage Bankers
Dodd-Frank Update, Apr. 10, 2018 (subscription)
Record 2017 Commercial Mortgage Originations
Mortgage Daily, Apr. 10, 2018
Federal Reserve Proposes New Capital Rules For Wall Street
Reuters, Apr. 11, 2018--Patrick Rucker
5 Issues that Could Make Sparks Fly in Mulvaney Testimony
National Mortgage News, Apr. 10, 2018--Rachel Witkowski, Victoria Finkle (subscription)
Rising Home Prices Push Borrowers Deeper Into Debt
Wall Street Journal, Apr. 10, 2018--Laura Kusisto, Christina Rexrode (subscription)
Luxury Homes Are Taking Longer to Sell and That's Costing Owners
Bloomberg, Apr. 11, 2018--Oshrat Carmiel
Future Secondary Mortgage Market Firms Likely to be Highly Rated
National Mortgage News, Apr. 10, 2018--Brad Finkelstein (subscription)
Homeonwers' Estimates Move Close to Appraised Home Values in March
HousingWire, Apr. 10, 2018--Kelsey Ramirez
Huge Agency MSR Portfolio On the Market
Mortgage Daily, Apr. 10, 2018
Click to Buy: Some Sears Stores Are Being Auctioned Online
Wall Street Journal, Apr. 10, 2018--Esther Fung (subscription)
Services, Food Boost U.S. Producer Prices in March
Reuters, Apr. 10, 2018--Lucia Mutikani