Mortgage credit availability decreased in December, the Mortgage Bankers Association reported this morning.
Fannie Mae: Home Purchase Sentiment Ends 2017 on Cautious Note
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell in December as consumers appeared less optimistic about the housing market.
Rates for ‘Best Borrowers' Up in December
LendingTree, Charlotte, N.C., said December's best offers for borrowers with the best profiles had an average annual percentage rate of 3.80% for conforming 30-year fixed purchase loans, up from 3.75% in November.
Fitch: Large Banks Continue to Pull Away from U.S. RMBS Servicing Exposure
Basel III and ongoing regulatory scrutiny led big U.S. banks further away from servicing residential mortgage loans as non-banks swooped in and beefed up their portfolios, said Fitch Ratings, New York, in its latest U.S. residential mortgage-backed securities servicer handbook.
2017 Closes with 'Moderate' Apartment Rent Growth
Apartment rents climbed at a "moderate" 2.5 percent pace in 2017, reported RealPage, Dallas.
Dealmaker: Cushman & Wakefield Secures $59M for New Jersey Office Asset
Cushman & Wakefield, New York, arranged $58.8 million in purchase financing for Morris Corporate Center III in Parsippany, N.J.
MBA Independent Mortgage Bankers Conference Jan. 22-25
The Mortgage Bankers Association's Independent Mortgage Bankers Conference takes place Jan. 22-25 at the Ritz-Carlton on Amelia Island, Fla.
MBA C/MF Diversity and Inclusion Leadership Awards Application Deadline Wednesday
The Mortgage Bankers Association is accepting applications until this Wednesday, Jan. 10 for the second annual Commercial/Multifamily Diversity and Inclusion Leadership Awards.
Register Today for MBA 2018 Annual Servicing Operations Study/Forum
The Mortgage Bankers Association has begun enrollment for its 2018 Servicing Operations Study and Forum (covering 2017 data).
MBA Residential Future Leaders Program Class of 2018 Application Deadline Jan. 22
MBA Education is accepting applications for its Residential Future Leaders Program Class of 2018. Application deadline is Jan. 22.
Commercial Originators Expect Another Year of Growth in 2018
Mortgage Professional America, Jan. 8, 2018--Francis Monfort
Experts Weigh in on What the 2018 Housing Market will Bring
Washington Post, Jan. 8, 2018--Kathy Orton
Industry Memorializes CFPB's Laurie Maggiano on Social Media
HousingWire, Jan. 8, 2018--Caroline Basile
Credit Score Changes in Mortgage Market Could Increase Homeownership Opportunities
Fox Business, Jan. 8, 2018--Brittany De Lea
FHFA Should Resist Calls to Weaken Mortgage Standards
American Banker, Jan. 8, 2018--Joseph A. Smith Jr. (subscription)
Are Lenders or Homebuyers Playing it Too Safe with Credit Scores?
National Mortgage News, Jan. 8, 2018--Elina Tarkazikis (subscription)
IRS Continues Repair of Income Verification System After Mortgage Industry Panic
National Mortgage News, Jan. 8, 2018--Brian Collins (subscription)
CitiMortgage Launches Single Digital Origination Platform
HousingWire, Jan. 8, 2018--Kelsey Ramirez
London Beats New York Among Foreign Investors in Real Estate
Bloomberg, Jan. 8, 2018--Peter Jeffrey
Huge GSE MSR Portfolio on the Market
Mortgage Daily, Jan. 8, 2018
LoyaltyExpress Inks Deal to Acquire Lending Manager
HousingWire, Jan. 8, 2018--Ben Lane