Mortgage applications kept up momentum in the new year even as key interest rates rose to 10-month highs, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending January 12.
Composite Default Rates At Highest Level in Nearly a Year
S&P Dow Jones Indices and Experian, New York, said its Consumer Credit Default Indices jumped in December to its highest level since March, with the bank card default rate rising by 16 basis points.
Survey: Lending to Experience ‘Major Expansion' in Northwest, Southwest
A new survey says U.S. lenders expect to lend more in 2018 than they did last year, with growth expected to be most significant in the Northwest and Southwest.
Apartment Rent Gains Slow
Multifamily rents held steady in December, up 2.5 percent for the year, reported Yardi Matrix, Santa Barbara, Calif.
Freddie Mac, McLean, Va., financed $73.2 billion in loan purchase and guarantee volume last year to remain the largest multifamily financier for the third consecutive year.
Dealmaker: Sonnenblick-Eichner Arranges $170M for Hotel Properties
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $110 million to refinance the InterContinental San Francisco in the city's South of Market district.
MBA National Advocacy Conference Apr. 24-25
The Mortgage Bankers Association's annual National Advocacy Conference takes place Apr. 24-25 at the Capital Hilton in Washington, D.C.
Nominations for MBA Insights 2018 Tech All-Star Awards Deadline Jan. 19
The Mortgage Bankers Association and MBA Insights are accepting nominations for the MBA Insights 2018 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 19.
MBA C/MF Diversity/Inclusion Leadership Awards Application Deadline Extended to Jan. 17
The Mortgage Bankers Association has extended the applications deadline for its second annual Commercial/Multifamily Diversity and Inclusion Leadership Awards until Wednesday, Jan. 17.
MBA Mergers & Acquisitions Workshop Jan. 22
The Mortgage Bankers Association's annual Mergers & Acquisitions Workshop takes place Jan. 22 at the Ritz Carlton Amelia Island in Fernandina Beach, Fla., ahead of the MBA Independent Mortgage Bankers Conference.
Credit Scores in Reperforming Loan Securitizations Drifting Lower
National Mortgage News, Jan. 16, 2018--Bonnie Sinnock (subscription)
Seven Predictions for the Multifamily Sector in 2018
National Real Estate Investor, Jan. 16, 2018--Mary Diduch
Goldman Sachs Begins Offering Home Improvement Loans
HousingWire, Jan. 16, 2018--Ben Lane
U.S. Consumers See Higher Wage Growth, Inflation in Fed Survey
Bloomberg, Jan. 16, 2018--Matthew Boesler
Citigroup Posts $18.3B Fourth-Quarter Loss, Its Earnings Erased by Federal Tax Overhaul
USA Today, Jan. 16, 2018--Kevin McCoy
9-Month Low for FHA Endorsements, Could Drop More
Mortgage Daily, Jan. 16, 2018
2018's Higher Federal Conforming Mortgage Loan Limits Signal Confidence In The Housing Market
Forbes, Jan. 17, 2018--Ellen Paris