WASHINGTON--Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association's National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.
Applications Down Slightly in MBA Weekly Survey
Mortgage applications fell for the third straight week, albeit slightly, as key interest rates rose to their highest level in five and a half years, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending April 20.
New Home Sales, Earlier Revisions Point to Stronger Spring
New single-family home sales rose by a healthy 4 percent in March, coming off improved revisions from previous months, HUD and the Census Bureau reported yesterday.
Home Prices Up; Demand Falters
Two new reports show home prices continuing their upward arc; but low inventories put a damper on housing demand as fewer would-be homeowners toured homes for sale.
Manhattan Office Market Activity Cools
Manhattan's office market experienced some cooling in early 2018 after several consecutive quarters of positive absorption in 2017, reported Transwestern, Houston.
Waterton, Chicago, closed its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII with $920 million of equity commitments, surpassing its $750 million target. The firm launched the fund in fall 2016 and held its final closing on April 18.
Dealmaker: Trion Properties Acquires Three Multifamily Assets for $24M
Trion Properties, Los Angeles, acquired three multifamily assets totaling 174 units in the Portland, Ore., area for $24.3 million.
MBA Legal Issues/Regulatory Compliance Conference in L.A. Apr. 29-May 2
The Mortgage Bankers Association's annual Legal Issues and Regulatory Compliance Conference takes place Apr. 29-May 2 at the J.W. Marriott L.A. Live in Los Angeles.
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.
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.
Homebuyers are Stretching Their Budgets and Mortgage Limits to Win Bidding Wars
CNBC, Apr. 24, 2018--Diana Olick
Mulvaney to Drop Public Complaints Against Firms, Change CFPB Name
National Mortgage News, Apr. 24, 2018--Rachel Witkowski (subscription)
Reg Relief in Limbo as House, Senate Refuse to Budge
National Mortgage News, Apr. 24, 2018--Neil Haggerty (subscription)
Why High-Flying U.S. Home Prices Are About to Get Another Jolt
Bloomberg, Apr. 25, 2018--Vince Golle
WEI Mortgage Becomes Latest Victim of Data Breach
HousingWire, Apr. 24, 2018--Ben Lane
Mortgages, Other Loans Get Pricier as 10-Year Treasury Rate Tops 3%
USA Today, Apr. 24, 2018--Adam Shell
Year-Over-Year Gain in Flagstar Home Lending
Mortgage Daily, Apr. 24, 2018
Genworth Lowers Mortgage Insurance Premiums
Mortgage Daily, Apr. 24, 2018
Local and Regional Banks Double Down on Construction Lending for Apartments
National Real Estate Investor, Apr. 24, 2018--Bendix Anderson
U.S. Treasury Boasts Deregulation Reform Accomplishments
HousingWire, Apr. 24, 2018--Kelsey Ramirez
U.S. Consumers More Confident in Economy
Wall Street Journal, Apr. 24, 2018--Josh Mitchell (subscription)