The Baby Boom generation (1946-1964) has an enormous housing market footprint, inhabiting 32 million owner-occupied homes and accounting for two out of five homeowners in the United States with an estimated value of $13.5 trillion. And when they decide to divest, said Fannie Mae, Washington, D.C., the impact could spur fears of a "bursting generational housing bubble."
As CRE Lending Landscape Shifts, Nonbank Lenders Step Up
Forbes, July 16, 2018--Evan Gentry
Real Estate Pros are a Diverse Bunch, Let's Find More
Mortgage Professional America, July 16, 2018--Steve Randall
BofA Earnings, Mortgage Originations Up
Mortgage Daily, July 16, 2018
Waters, Hensarling Put Forth Massive Bipartisan Economic Growth Bill
HousingWire, July 16, 2018--Kelsey Ramirez
Fed's Powell Has Some Explaining to Do on Stress Test Moves
American Banker, July 16, 2018--Victoria Finkle (subscription)
Mortgages Matter More than Jobs to Voters
MarketWatch, July 16, 2017--Andrea Riquier
Monthly Issuance Rises at Ginnie Mae
Mortgage Daily, July 16, 2018
The Business Case for Sustainability in Commercial Real Estate
National Real Estate Investor, July 16, 2018--Sofya Shuster
Genworth: Rising Rates, Alternative Mortgage Products Biggest Market Challenges
Genworth Mortgage Insurance, Richmond, Va., said a survey of mortgage professionals at this spring's Mortgage Bankers Association National Secondary Market Conference & Expo cited rising mortgage rates the re-emergence of alternative mortgage products as biggest challenges facing the mortgage market this year.
Ginnie Mae, Washington, D.C., said issuance of its mortgage-backed securities totaled $37 billion in June.
Hotel Rates, Bookings Continue to Grow
North American hotel owners continued to experience "significant" growth across all travel segments in the second quarter, reported TravelClick, New York.
Dealmaker: Passco Cos. Acquires Fla. Multifamily Community for $70M
Passco Cos. Irvine, Calif., acquired multifamily community The Point at Tamaya in Jacksonville, Fla., from Waypoint Residential, Boca Raton, Fla. and Rohdie Management, New York, for $70 million.
Kelly Clarkson Highlights ConcertMBA at MBA Annual Convention & Expo
ConcertMBA at the Mortgage Bankers Association 2018 Annual Convention & Expo this year features award-winning singer and songwriter Kelly Clarkson.
MBA Education School of Mortgage Banking Course III Sept. 18-21 in Washington
MBA Education presents its School of Mortgage Banking Course III, Sept. 18-21 at MBA headquarters in Washington, D.C.
MBA Education Advanced Risk Management Concepts Workshop Sept. 23
MBA Education presents a special Advanced Risk Management Concepts Workshop on Sept. 23 at the JW Marriott L.A. Live in Los Angeles in conjunction with the MBA Risk Management & Quality Assurance Forum.
MBA Diversity & Inclusion Awards Entry Deadline July 27
The Mortgage Bankers Association is accepting nominations for its annual residential Diversity and Inclusion Awards, to be presented at the MBA Annual Convention & Expo in October. Nomination deadline is Friday, July 27.