Mortgage applications fell last week as interest rates jumped to their highest level in more than four years, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending February 16.
Analysts More Pessimistic about U.S. Housing Market Following New Tax Laws
A quarterly survey of housing analysts and economists by Zillow Inc., Seattle said new changes to tax laws will likely improve the housing market short-term but raises questions over long-term growth.
January Composite Default Rates Up
Composite default rates, driven largely by a spike in bank card defaults but also in first mortgage defaults, increased in January, reported S&P Down Jones and Experian, New York.
IndiSoft, a technology development firm that specializes in systems for the financial services industry, announced it rebranded its module-based RxOffice technology platform to Sunesis, an enterprise-wide platform providing more flexibility in work processes.
JLL: Stable Hotel Transaction Volumes, Growing Debt Fund Activity
The global lodging market's current cycle is positioned to carry on--2018 transaction volume should match last year's $28 billion level--said JLL, Chicago.
Dealmaker: Madison Realty Capital Provides $62M
Madison Realty Capital, New York, provided $62 million for New York condominium and hotel properties.
MBA National Secondary Market Conference & Expo May 20-23
The Mortgage Bankers Association' National Secondary Market Conference & Expo returns to the Marriott Marquis in New York May 20-23.
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
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 Rise of Insurtech: Insurance for Modern Mortgages Webinar Mar. 19
MBA Education presents a webinar, The Rise of Insurtech: Insurance for Modern Mortgages on Monday, Mar. 19 from 2:00-3:30 p.m. ET.
What Do Rising Interest Rates Mean for Homeowners?
Curbed, Feb. 20, 2018--Jeff Andrews
Drones Can Cut Property Inspection Costs--But Are They Safe?
Wall Street Journal, Feb. 20, 2018--Emily Nonko (subscription)
Hidden Homeowner Tax Benefits in New Budget Deal Can Be Used for 2017 Taxes
Chicago Tribune, Feb. 20, 2018--Kenneth Harney
Supreme Court Rejects Hedge Funds on Fannie, Freddie Suits
Bloomberg, Feb. 20, 2018--Greg Stohr, Joe Light
Ditech Holding Corp. Picks 'Seasoned Turnaraound Professional' Jeffrey Baker as New CEO
HousingWire, Feb. 20, 2018--Ben Lane
Flagstar Bank to Acquire Santandar Bank's Mortgage Warehouse Loan Portfolio
HousingWire, Feb. 20, 2018--Caroline Basile
Lawmakers to Equifax: Extend Free Credit Protection Services
Wall Street Journal, Feb. 20, 2018--AnnaMaria Andriotis (subscription)
Alternative Valuations Could Hurt RMBS Quality
Mortgage Daily, Feb. 20, 2018
Best Mortgage Employers of 2018
Mortgage Daily, Feb. 20, 2018
As 10-Year Treasury Yields Spike, Local Mortgage Rates Will Matter More
National Mortgage News, Feb. 20, 2018--Bonnie Sinnock (subscription)
Construction Costs Spike Upwards for Multifamily Projects
National Real Estate Investor, Feb. 20, 2018--Bendix Anderson