Congress was in recess last week. This week, the House Financial Services Committee will hold a hearing on improving transparency and accountability at the Bureau of Consumer Financial Protection.
Ginnie Mae Boots 3 VA Lenders from Mortgage Bond Programs
HousingWire, June 1, 2018--Kelsey Ramirez
Nonbank Mortgage Hiring Picks up as Lenders Prep for Homebuying Season
National Mortgage News, June 1, 2018--Bonnie Sinnock (subscription)
How Mortgage Lender Competition Stacks up Across the Country
National Mortgage News, June 1, 2018--Elina Tarkazikis (subscription)
It's 2007 Again for Commercial Mortgage Bonds, Moody's Says
Bloomberg, June 1, 2018--Claire Boston (subscription)
How One Mortgage Lender Shaved Weeks Off Average Closing Times
Forbes, June 1, 2018--Aly Yale
For Some Buyers, It's Full Speed Ahead
UExpress, June 1, 2018--Lew Sichelman
In the Pipeline: These 4 Construction Conditions are Cementing Multifamily Industry Trends
HousingWire, June 1, 2018--Jeremiah Jensen
MBA Chart of the Week: 2017 Retail Production Expenses
The 20th spring cycle of the MBA/STRATMOR Peer Group Roundtables recently concluded. With 105 banks and independent mortgage companies participating in the survey collection, the PGR produces a rich dataset particularly for the retail production channel.
New Guidance on VA Refinances Raises MBA Concerns
Last week, the Veterans Administration and Ginnie Mae each issued guidance implementing provision of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. However, these guidance have raised new concerns with the Mortgage Bankers Association and other industry trade groups.
The Week Ahead
The MISMO Spring Summit is underway, running through this Friday, June 8 in Denver. Not far away, in Avon, Colo., the MBA Chairmans Conference runs through this Thursday, June 7.
CRE Participants Increasingly Believe Risk Outweighs Return
Commercial real estate investors increasingly believe the risk involved outweighs CRE market returns, reported Situs RERC, Houston.
Dealmaker: JLL Arranges $567M for New York Office, Mixed-Use Assets
JLL, Chicago, secured $567 million for two New York assets, Midtown Manhattan's 5 Bryant Park office tower and Redbridge, a mixed-use residential and retail property in Williamsburg, Brooklyn.
MBA 2018 Human Resources Symposium Sept. 11-12
The Mortgage Bankers Association's annual 2018 Human Resources Symposium takes place Sept. 11-12 in Arlington, Va.
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.
Upcoming MBA Education School of Mortgage Banking Courses
MBA Education presents its School of Mortgage Banking Courses I & II in Arlington, Va., July 24-27.