Low existing home inventories put the slam on sales in January for the second consecutive month, the National Association of Realtors reported yesterday.
Customers Wary of Digital Identity
Proponents of a standardized digital identify--an electronically verified set of attributes that uniquely describe a person--say it can improve, simplify and accelerate identity-dependent transactions, including buying or renting a home. But, according to Fannie Mae in a new study, given the growing number and severity of personal data breaches, many Americans say the risks of having a digital identity outweigh the benefits.
Affordable Inland Metros Draw Migrants from High-Cost Coastal Markets
Redfin, Seattle, said migration patterns in the fourth quarter saw people in expensive, high-tax coastal markets such as San Francisco, New York and Los Angeles searched for homes in more affordable metros with lower taxes such as Sacramento, Phoenix, Las Vegas and Nashville.
CMBS Supply-Demand Fundamentals Stable; Delinquency Rate Declines
Commercial property market supply and demand fundamentals remained relatively stable in the third quarter, reported Moody's Investors Service, New York.
Dealmaker: Quantum Capital Arranges $55M in Construction Financing
Quantum Capital Partners, Beverly Hills, Calif., arranged two construction loans totaling $54.5 million to develop a creative office building in Culver City, Calif. and a Walnut Creek, Calif. multifamily community.
MBA State & Local Workshop Apr. 23-24
The Mortgage Bankers Association's annual State & Local Workshop takes place Apr. 23-24 at the Capital Hilton in Washington, D.C., in conjunction with the MBA National Advocacy Conference (Apr. 24-25).
MISMO HMDA Implementation and Reporting Toolkit Overview Webinar Mar. 1
MISMO hosts a new webinar, HMDA Implementation and Reporting Toolkit Overview, on Thursday, Mar. 1 from noon-1:30 p.m. ET.
Attention Lenders: Upcoming 2018 MBA and STRATMOR Peer Group Roundtables
Is your company flying blind by not using reliable data to support key business decisions? Join an elite group of lenders this spring that participate in the MBA and STRATMOR Peer Group Roundtables.
MBA Education Ten(ish) Performance Ratios Every Mortgage Banker Must Know Webinar Feb. 27
MBA Education presents a webinar, Ten(ish) Performance Ratios Every Mortgage Banker Must Know, on Tuesday, Feb. 27 from 2:00-3:30 p.m. ET.
Mortgage Applications On the Decline
CNBC, Feb. 21, 2018 (video)
Weekly Mortgage Applications Tank Even More, as Rising Rates Make Homes Less Affordable
CNBC, Feb. 21, 2018--Diana Olick
Tight Supply, Rising Prices Undercut On U.S. Home Sales
Reuters, Feb. 21, 2018--Lucia Mutikani
Refi Market Share Starts the Year at 12-Month High
National Mortgage News, Feb. 21, 2018--Elina Tarkazikis (subscription)
HUD Inspector General Investigating Carson Family Role at Agency
HousingWire, Feb. 21, 2018--Caroline Basile
CFPB Seeks Input on How Best to Engage the Public
National Mortgage News, Feb. 21, 2018--Kate Berry (subscription)
JPMorgan Chase to Build Giant New Midtown NYC Headquarters
Wall Street Journal, Feb. 21, 2018--Keiko Morris, Cara Lombardo (subscription)
Homeownership is Still Financially Better than Renting
Urban Institute, Feb. 21, 2018--Laurie Goodman, Christopher Mayer
IRS Clarifies Home Equity Interest Deductibility
Mortgage Daily, Feb. 21, 2018
Fed Minutes Show Confidence Improving on Growth, Price Outlook
Bloomberg, Feb. 21, 2018--Craig Torres
Supreme Court Limits Protections for Corporate Whistleblowers
Los Angeles Times, Feb. 21, 2018--David G. Savage
U.S. Treasury Recommends Preserving Dodd-Frank Bank Resolution Regime
Reuters, Feb. 21, 2018--Pete Schroeder
Making Sure that the Senate's Access and Affordability Proposal Works
Urban Institute, Feb. 21, 2018--Jim Parrott, Laurie Goodman