In its latest letter to the Consumer Financial Protection Bureau/Bureau of Consumer Financial Protection, the Mortgage Bankers Association this week reiterated its criticism of the Bureau's "regulation by enforcement" practices and urged the Bureau to adopt guidance principles to provide certainty to its rules and regulations.
Mortgage Applications Fall, as Refinancing Hits 20-Year Low
CNBC, July 4, 2018--Diana Olick
Home Street to Sell $5B in Mortgage servicing Rights
American Banker, July 3, 2018--Paul Davis (subscription)
How Mortgages Have a Critical Impact on Presidential Elections
Washington Post, July 3, 2018--Michele Lerner
New York's Iconic Plaza Hotel Sold to Qatar Fund for $600 Million
Wall Street Journal, July 3, 2018--Craig Karmin, Keiko Morris (subscription)
New Residential Completes $190M Acquisition of Lou Ranieri's Shellpoint Partners
HousingWire, July 3, 2018--Ben Lane
How Private-Label Investors are Beating the GSEs at their Own Game
National Mortgage News, July 3, 2018--Brad Finkelstein (subscription)
An Inside Look at the Battle over AVMs
HousingWire, July 3, 2018--Kevin Gillen
Personal Loans Surge to a Record High
Bloomberg, July 3, 2018--Hannah Levitt (subscription)
New Mortgage Call Center Will Employ Over 100
Mortgage Daily, July 3, 2018
Several Mortgage Conferences, Events in July
Mortgage Daily, July 3, 2018--Sam Garcia
MBA Names Holly Cannon VP for Human Resources
The Mortgage Bankers Association named Holly Cannon as Vice President for Human Resources. She assumed duties on July 2.
Applications Down Slightly in MBA Weekly Survey
Mortgage applications fell for the second straight week, despite an uptick in purchase applications, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 29.
CoreLogic Reports Strong Home Price Growth
Two things appear to be unchanged in the current mortgage market: home prices are going up; and despite that, consumers still want to buy homes.
‘Transformational' Real Estate Development Boosts N.Y. Lodging
Already a dynamic hub for the lodging industry, New York is poised for strong growth over the next several years thanks to "transformational" real estate development that is changing the city's landscape and lodging environment, said JLL, Chicago.
Dealmaker: HFF Arranges $280M for Office Properties
HFF arranged sales and financing for office projects in California, northern Virginia, Texas and Florida.
MBA Risk Management/QA/Fraud Prevention Forum Sept. 23-25
The Mortgage Bankers Association's annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 23-25 in Los Angeles.
MBA Compliance Essentials UDAAP & FTC MAP Rule Resource Guide Available
The MBA Compliance Essentials program offers a new Resource Guide: Unfair, Deceptive, or Abusive Acts and Practices (UDAAP) & FTC Mortgage Acts and Practices Advertising (MAP) Rule.
MBA Education Successful Practices in Third-Party Risk Management Sept. 25
MBA Education presents Successful Practices in Third-Party Risk Management on Sept. 25 at the JW Marriott LA Live, in conjunction with the MBA Risk Management and Quality Assurance Forum.
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.