DALLAS--Mortgage Bankers Association Chairman Dave Motley, CMB, said legislators and federal regulators need to provide the mortgage servicing industry with greater clarity in which to operate, and to aid consumers.
Seriously Underwater Mortgages Drop in 4th Quarter
Ahead of the Mortgage Bankers Association' National Delinquency Survey release, ATTOM Data Solutions, Irvine, Calif., said 9.3 percent of all U.S. properties with a mortgage were seriously underwater (LTV of 125+) at the end of the fourth quarter, down from 9.6 percent a year ago.
CoreLogic: Home Price Growth Tops 6% for Fifth Straight Month
CoreLogic, Irvine, Calif., said home prices nationally increased year over year by 6.6 percent, the fifth consecutive month of plus-6 percent growth.
Fiserv Inc., Brookfield, Wis., announced it entered into a definitive agreement with Warburg Pincus LLC, New York, in which funds affiliated with Warburg Pincus will acquire a 55 percent share of the Lending Solutions business of Fiserv.
'Coworking' and the Office Sector's Evolution
The office sector is changing to meet demands for lower costs, more flexibility and a more entrepreneurial workforce, and coworking is a growing part of that change, said Yardi Matrix, Santa Barbara, Calif.
Dealmaker: Apple Hospitality REIT Acquires Two Hotels for $63M
Apple Hospitality REIT, Richmond, Va., acquired two Hampton Inn & Suites hotels in Atlanta and Memphis, Tenn. for $63 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 Mortgage Servicing Feb. 26-Mar.8
MBA Education offers its popular School of Mortgage Servicing instructor-guided online course from Feb. 26-Mar. 8.
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 Customer Trust: How to Measure It & How to Improve It Webinar Feb. 21
MBA Education presents a webinar, Customer Trust: How to Measure It & How to Improve It?, on Wednesday, Feb. 21 from 2:00-3:30 p.m. ET
Mortgage Volume Stalls as Rates Rise to the Hightest Level in Four Years
CNBC, Feb. 7, 2018--Diana Olick
MBA Chair Motley Urges 'Caution' on Overhauling Servicer Compensation
National Mortgage News, Feb. 7 2018--Austin Kilgore (free story)
Looking Back on Three Decades With David Stevens
The MReport, Feb. 7, 2018--David Wharton, Rachel Williams
Credit Availability Increases as Mortgage Rates Move Higher
Investopedia, Feb. 7, 2018--Donna Fuscaldo
Black Knight Names Anthony Jabbour CEO
HousingWire, Feb. 7, 2018--Ben Lane
How FHFA Could Reform Housing Finance if Congress Doesn't
National Mortgage News, Feb. 7, 2018--Ian McKendry (subscription)
Biggest Reverse Mortgage Lender Opens Forward Biz
Mortgage Daily, Feb. 7, 2018