The Mortgage Bankers Association this morning released its 2017 Rankings of Commercial/Multifamily Mortgage Firms' Origination Volumes.
MISMO Launches Effort to Enhance Trust in Digital Process
MISMO, the Mortgage Industry Standards Maintenance Organization, invites mortgage industry participants to collaborate in a new effort to create a more trustworthy, verifiable process that provides assurance that loan documents and associated data are consistent, reliable and unaltered.
Homebuyers Expect High Tech--But Also Want Human Touch
John Naisbitt first developed the concept of "high-tech, high-touch" in his 1982 bestseller Megatrends. He theorized in a world of technology, people long for personal, human contact.
FHFA: Fannie Mae, Freddie Mac Foreclosure Preventions Surpass 4 Million
The Federal Housing Finance Agency released its fourth quarter Foreclosure Prevention Report, showing Fannie Mae and Freddie Mac completed 67,569 foreclosure prevention actions in the fourth quarter, bringing the total number of homeowners helped to 4.040 million since the start of the conservatorships in September 2008.
Freddie Mac: LIHTC Leads to Lower Rents, Less Volatility
Apartments built through the Low-Income Housing Tax Credit program have significantly lower monthly rents and also see less rental price volatility, reported Freddie Mac Multifamily, McLean, Va.
Dealmaker: Lightstone Receives $91M to Build Moxy East Village Hotel
Lightstone, New York, received $91 million in financing from Bank of the Ozarks, Little Rock, Ark., to build its third New York City Moxy hotel.
MBA National Secondary Market Conference & Expo May 20-23
The Mortgage Bankers Association' National Secondary Market Conference & Expo returns to the Marriott Marquis in New York May 20-23.
MBA Compliance Essentials HMDA Implementation Series Begins Mar. 28
MBA Education and the MBA Compliance Essentials program present a new four-part webinar series on Home Mortgage Disclosure Act issues beginning Wednesday, Mar. 28 with 2018 Issues & Considerations.
MBA Education Introduction to Mortgage Banking Series Apr. 3-17
MBA Education presents its popular Introduction to Mortgage Banking Instructor-Guided Online Course on Tuesdays and Thursdays from Apr. 3-17.
MBA Education School of Loan Origination Instructor-Guided Online Course Apr. 30-May 24
MBA Education offers its School of Loan Origination Instructor-Guided Online Course Apr. 30-May 24.
MBA: Average Cost to Originate a Mortgage Increased to $8,475 in Q4
Mortgage Orb, Mar. 26, 2018--Patrick Barnard
New Evidence Shows that Limited English Proficiency is a Barrier to Homeownership
Urban Institute, Mar. 26, 2018--Edward Golding, Sarah Strochak, Laurie Goodman
Arrival of Final Bank Regulator Could Speed Up Easing of Rules
Wall Street Journal, Mar. 27, 2018--Lalita Clozel (subscription)
Capital Rule Change Could Spur More Bank Interest in Servicing
National Mortgage News, Mar. 26, 2018--Bonnie Sinnock (subscription)
Supreme Court Rejects AIG ex-CEO Greenberg's Bailout Challenge
Reuters, Mar. 26, 2018--Andrew Chung
Here's How Blockchain Could Help the Mortgage Industry
American Banker, Mar. 26, 2018--Michael E. Reyen (subscription)
Less Q1 Optimism on Homebuying
National Mortgage Professional, Mar. 26, 2018--Phil Hall
Millennials Will Spend 45% of Income on Rent Before Age 30
HousingWire, Mar. 26, 2018--Kelsey Ramirez
Reverse Mortgage Lender Settles With HUD
Mortgage Daily, Mar. 26, 2018
Fed's Dudley Says Bank Executives Should Share the Cost of Fines
Bloomberg, Mar. 26, 2018--Jesse Hamilton
Mortgage Market Index Jumps to 4-Mth High
Mortgage Daily, Mar. 26, 2018
Brookfield Strikes Deal to Buy Rest of Mall Owner GGP
Wall Street Journal, Mar. 27, 2018--Maria Armental, Miriam Gottfried (subscription)