Ahead of Thursday's release of the Mortgage Bankers Association's National Delinquency Survey, CoreLogic, Irvine, Calif., said overall foreclosure and delinquency rates fell to 12-year lows. But it also noted 2018 wildfires in California and other western states are "outpacing" the devastating fires of 2017, putting potentially thousands of mortgages at risk.
Fewer Using Nonconventional Loans to Fund a New Home Purchase
National Mortgage News, Aug. 13, 2018--Elina Tarkazikis (subscription)
The Financial Crisis Cost Every American $70,000, Fed Study Says
Bloomberg, Aug. 13, 2018--Jeanna Smialek
Broker's Dispute with Quicken Loans Highlights Battle over Borrowers
National Mortgage News, Aug. 13, 2018--Bonnie Sinnock (subscription)
CEO Calk Conspired with Managort to Defraud His Own Bank: Prosecutors
American Banker, Aug. 13, 2018--Kevin Wack (subscription)
Wells Fargo was Hit with More Scandal. But Does Anyone Care?
American Banker, Aug. 13, 2018--Victoria Finkle (subscription)
Loan Originator Sentenced to Prison
Mortgage Daily, Aug. 13, 2018
Marketing a Home to Millennials: Which Room is Most Important?
The Mortgage Reports, Aug. 13, 2018--Aly J. Yale
Record Guild Mortgage Originations
Mortgage Daily, Aug. 13, 2018
Class-A Rent is Still Growing in a Handful of U.S. Markets
HousingWire, Aug. 13, 2018--Jeremiah Jensen
HUD Issues Notice to Amend Controversial Fair Housing Policy
HUD yesterday published a notice announcing its intent to amend its Affirmatively Furthering Fair Housing regulations, saying it wants to provide "more helpful guidance" to states and local communities in promoting fair housing choice with federal funds.
2Q Luxury Home-Price Growth Slows to 5 Percent, But Sell at Record Pace
Luxury home price growth slowed to 5.2 percent year over year to an average of $1.9 million in the second quarter, said Redfin, Seattle. This compared to 7.3 percent in the first quarter and 5.4 percent from a year ago.
Promontory MortgagePath, New York, a provider of mortgage technology and loan fulfillment services, announced its Promontory Fulfillment Services unit integrated its loan review services with Street Solutions Inc. Loan Management System, a Jersey City, N.J.-based provider of product, pricing and loan management systems for hedge funds and investors buying correspondent loans.
No 'Looming Threats' to Multifamily Performance
The multifamily market's current strong performance should continue throughout 2018 and well into 2019, said Freddie Mac Multifamily, McLean, Va.
Dealmaker: JLL Secures $133M for Office, Multifamily
JLL, Chicago, arranged $63 million secured by Executive Towers West, a three-building office campus in suburban Chicago.
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.
MBA Education Management Essentials for the Mortgage Professional in D.C. Sept. 11-14
MBA Education presents Management Essentials for the Mortgage Professional, a four-day workshop taking place Sept. 11-14 at NorthMarq Capital in Washington, D.C.
MBA Education Successful Practices in Third-Party Risk Management Sept. 25
MBA Education presents Successful Practices in Third-Party Risk Management on Sept. 25 at the JW Marriott LA Live, in conjunction with the MBA Risk Management and Quality Assurance Forum.