The Mortgage Bankers Association this week submitted a letter to the Treasury Department and the Internal Revenue Service, asking for confirmation that mortgage banking companies are eligible for the deduction of qualified business income under new Section 199A of the Internal Revenue Code.
Why Loosening the Reins on QM May Put a Dent in GSE Market Share
National Mortgage News, June 5, 2018--Brad Finkelstein (subscription)
U.S. House Prices to Rise Twice the Speed of Inflation and Pay
Reuters, June 6, 2018--Hari Kishan, Rahul Karunakar
High Home Prices And Rising Mortgage Rates Aren't Stopping Sales
Forbes, June 5, 2018--Aly Yale
Wells Fargo to Sell 52 Branches to Flagstar Bankcorp
MarketWatch, June 5, 2018--Andrea Riquier
Mortgage Lenders Need to Keep an Eye on this Little-Known Mortgage Metric
HousingWire, June 5, 2018--Nate Shultz
Alexa, Get Me a Mortgage
HousingWire, June 5, 2018--Kelsey Ramirez
Angel Oak Commercial Lending Buys Stake in Cherrywood Mortgage
National Mortgage News, June 5, 2018--Bonnie Sinnock (subscription)
Multifamily Investors Face a Cutback in Loan Size
National Real Estate Investor, June 5, 2018--Bendix Anderson
There are More Jobs than People Out of Work, Something the American Economy Has Never Experienced Before
CNBC, June 5, 2018--Jeff Cox
Applications Rise (Finally) in MBA Weekly Survey
After eight consecutive weeks of decreases, mortgage applications increased by more than 4 percent last week as key interest rates dropped sharply, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending June 1.
CoreLogic: Across Country, Hot Home Price Appreciation
CoreLogic, Irvine, Calif., reported rapid home price appreciation nationwide, with several "overvalued" markets continuing to see double-digit increases.
Hotel Deal Pace 'Going Strong'
U.S. hotel transaction volumes approached $12 billion through April, up 93 percent compared to the same time last year, reported JLL, Chicago.
Dealmaker: Phillips Realty Capital Secures $70M for Hotel, Apartments
Phillips Realty Capital, Bethesda, Md., secured $70 million in commercial mortgage-backed securities and life company financing for hotel and multifamily assets in Virginia and Texas.
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 Education Advanced Servicing Workshop Aug. 8-9
MBA Education presents its Advance Servicing Workshop in Irving, Texas Aug. 8-9.
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.