Mortgage credit availability increased in November as credit supplies trended up, the Mortgage Bankers Association reported this morning.
Mortgage Applications Rise 2%, But Buyers Seem Unimpressed by Lower Rates
CNBC, Dec. 5, 2018--Diana Olick
How Waters Will Keep Pressure on CFPB
American Banker, Dec. 5, 2018--Kate Berry (subscription)
OCC Seeks Public Comment on Raising Appraisal Exemption Threshold
HousingWire, Dec. 5, 2018--Kelsey Ramirez
Risk is Building in the Housing Market
National Mortgage News, Dec. 5, 2018--Lynn M. Fisher, Edward J. Pinto (subscription)
The Impact of Price Trends on Mortgage Defaults
DS News, Dec. 5, 2018--Radhika Ojha
Fed Chairman Jerome Powell Draws Congressional Support, Even as Trump Bashes Him
Wall Street Journal, Dec. 6, 2018--Nick Timiraos (subscription)
New Phishing Scam Targets Banks and Mortgage Lenders
National Mortgage Professional, Dec. 5, 2018--Phil Hall
House Hearing on Reform Bill Postponed
A House Financial Services Committee hearing this morning on a housing finance reform bill in which Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, was scheduled to testify has been postponed.
Loan Defect Index Drops, But California Wildfire Issues Loom
First American Financial Corp., Santa Ana, Calif., said its monthly Loan Application Defect Index declined nationally from a year ago, but cautioned that properties damaged by California's devastating wildfires this summer will likely increase loan defect risk in the near future.
The ‘Amazon Bump:' HQ2 Finalists Project Housing Markets to ‘Overperform' in 2019
Right now, every homeowner in northern Virginia thinks they're sitting in a home worth at least $1 million, thanks to Amazon. They might not be that far off.
Nations Valuation Services, Red Deer, Alberta, announced integration of appraisal management software from Anow with NVS' proprietary management system, AppraisalTRAX.
Hotels Aim for 10th Consecutive Year of Growth in 2019
Hotel sector analysts predict the nation's hotels will enjoy a 10th consecutive year of growth in 2019, but at a slower pace than seen in 2018.
Dealmaker: JLL Secures $60M in Hotel Financing
JLL, Chicago, secured $60 million to refinance the 325-key Hyatt Regency Houston Galleria.
MBA Technology Solutions Conference & Expo Mar. 24-27 in Dallas
The Mortgage Bankers Association's Technology Solutions Conference & Expo 2019 takes place Mar. 24-27 at the Hyatt Regency Dallas.
MBA Education School of Loan Origination Begins Jan. 22
MBA Education presents its popular School of Loan Origination instructor-guided online course from Jan. 22-Feb. 14.
Register for MBA Servicing Operations Study and Forum for Prime and Specialty Servicers; Deadline Jan. 15
The Mortgage Bankers Association has begun enrollment for its 2019 Servicing Operations Study and Forum (covering 2018 data). Sign-up deadline is Jan. 15, 2019.