The highest court in Maryland gave the mortgage industry a victory last week, supporting arguments in a Mortgage Bankers Association-led amicus brief that Maryland law does not require securitization trusts organized under the laws of other states to be licensed in the state as collection agencies.
Weekly Mortgage Applications Fall as Home Prices Climb
CNBC, Aug. 8, 2018--Lisa Rizzolo
HomeReady and Home Possible: Loans With 3% Down for 2018
NerdWallet, Aug. 8, 2018--Hal M. Bundrick
My Experience at the Ellie Mae Classic
HousingWire, Aug. 8, 2018--Alcynna Lloyd
House Panel Plans FHFA Oversight Hearing, Invites Watt to Testify
American Banker, Aug. 8, 2018--Neil Haggerty (subscription)
Trump Administration Cuts Dozens of Staff at Financial Market Watchdog
Reuters, Aug. 8, 2018--Pete Schroeder
FICO Shows Mortgage Applicants How to Improve their Credit Scores
Washington Post, Aug. 8, 2018--Kenneth R. Harney
Single LO License Test Approved for All States
Mortgage Daily, Aug. 8, 2018
Pricey Housing Markets in West Are Cooling Off Most Quickly
Wall Street Journal, Aug. 8, 2018--Laura Kusisto (subscription)
Quicken Launches Proprietary Reverse Mortgage Alternative to HECM
National Mortgage News, Aug. 8, 2018--Bonnie Sinnock (subscription)
Gateway Mortgage Group Acquiring Bank
Mortgage Daily, Aug. 8, 2018
Ocwen Refinancing $300M of Notes Backed by Reimbursement Rights
National Mortgage News, Aug. 8, 2018--Allison Bisbey (subscription)
MBA: July New Home Purchase Mortgage Applications Up 0.2%
Mortgage applications for new home purchases rose by 0.2 percent in July from June and by nearly 3.6 percent from a year ago, the Mortgage Bankers Association reported this morning.
MBA Diversity & Inclusion Interview: Nicholas Whiteside of Fisk University
Nearly a year ago, the Mortgage Bankers Association collaborated with HomeFree-USA, Wells Fargo and Freddie Mac to create The Center for Financial Advancement, focusing on career opportunities and financial education at Historically Black Colleges and Universities. This summer, Nicholas Whiteside, a sophomore accounting major at Fisk University in Nashville, Tenn., became the first student to serve an internship through the program--right here at MBA.
Small-Cap 'Crosswinds' Emerge
Demand for small-cap commercial real estate stayed in positive territory but continued to erode during the second quarter, reported Boxwood Means, Stamford, Conn.
Dealmaker: Phillips Realty Capital Secures $85M for Data Center, Retail
Phillips Realty Capital, Bethesda, Md., closed two transactions totaling $62.2 million for Legacy Investing LLC's acquisition of an Atlanta-area Tier IV data center.
MBA Summit on Diversity & Inclusion in D.C. Nov. 27-28
The Mortgage Bankers Association's annual Summit on Diversity and Inclusion takes place Nov. 27-28 at the Capital Hilton in Washington, D.C.
MBA Disaster Recovery Guide Now Available in Spanish
The Mortgage Bankers Association and the National Association of Hispanic Real Estate Professionals have developed a Spanish-language version of Disaster Recovery: A Resource for Homeowners, a consumer-facing informational guide.
Upcoming MBA Education School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II this summer in Arlington, Va., and Dallas.
MBA Education Introduction to Mortgage Banking Sept. 11-25
MBA Education presents its popular Introduction to Mortgage Banking instructor-guided online course Sept. 11-25.