CoreLogic, Irvine, Calif., said 84,000 residential homeowners regained equity in the first quarter, while homeowners with mortgages saw their equity increase by 13.3 percent year over year, representing a gain of $1.01 trillion.
MBA Taps Industry Vet Robert Broeksmit to Succeed David Stevens as CEO
National Mortgage News, June 7, 2018--Brad Finkelstein (subscription)
MBA Names Robert D. Broeksmit as Stevens' Successor
National Mortgage Professional, June 7, 2018--Phil Hall
The Cost of Originating a Mortgage Just Got Ridiculous--Again
HousingWire, June 7, 2018--Kelsey Ramirez
Mortgage Rates Fall for the Second Week in a Row
Washington Post, June 7, 2018--Kathy Orton
Study: HUD Proposal Would Raise Rents for Poor by 20 Percent
The Hill, June 7, 2018--John Bowden
Banks Don't Share Wells Fargo's ‘Systemic' Account Problems, Regulator Says
Wall Street Journal, June 7, 2018--Ryan Tracy (subscription)
Trump's Bank Regulator Flips Obama's Script
Wall Street Journal, June 8, 2018--Ryan Tracy (subscription)
Legal Filing Confirms CFPB's Dismissal of PHH Case
National Mortgage News, June 7, 2018--Kate Berry (subscription)
Mulvaney's Rationale for Firing CFPB Advisory Boards Doesn't Hold Water
American Banker, June 7, 2018--Rob Blackwell (subscription)
Monthly Mortgage Rates Rise, Weekly Rates Fall
Mortgage Daily, June 7, 2018--Sam Garcia
Small GSE MSR Offering
Mortgage Daily, June 7, 2018
Millennial Home Buyers Increase Purchase Loan Power
Ellie Mae, Pleasanton, Calif., said purchase loans to Millennial home buyers increased in April, even as interest rates rose, as competition for limited housing inventory persisted.
RoundPoint Mortgage Servicing Corp., Columbia, S.C., announced its new corporate headquarters will be located in York County, S.C. The company's $34 million investment is projected to create 1,100 new jobs.
Pro-Growth Policies, Deregulation Advance Real Estate Executive Confidence
U.S. commercial real estate executives display "unwavering" optimism about the country's economic strength and expect more real estate market activity, reported law firm Akerman LLP, Miami.
Dealmaker: George Smith Partners Arranges $39M for Office, Retail
George Smith Partners, Los Angeles, secured $39.1 million for California office and retail assets.
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 Successor In Interest State Level Reports Available
MBA and the Compliance Essentials program, in collaboration with leading legal experts, have created state-by-state reports to help servicers understand documents that are required to verify a successor in interest's status in each state.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP).