Mortgage applications rose for the second straight week, albeit slightly, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 2.
Senate Begins Debate on Reg Relief Bill
The Senate yesterday agreed to begin debate on a sweeping regulatory relief bill. Ahead of the vote, the Mortgage Bankers Association continued to urge senators to approve the bill, saying it would lessen burdens on lenders and enable them to better serve home buyers and homeowners.
CoreLogic: Home Prices Up 6% for 6th Straight Month
CoreLogic, Irvine, Calif., said U.S. home prices rose by more than 6 percent annually for the sixth consecutive month, led by Western markets.
Hotel Sector Healthy, But Supply Peak Looms
The hotel sector started the year at a healthy pace, but supply growth will likely peak later this year, analysts say.
Dealmaker: Fort Mill, S.C. Office Asset Trades for $40M
Cantor Fitzgerald Investors, New York, purchased the 150,000-square-foot Daimler Building office building in Fort Mill, S.C., for $40 million.
MBA National Advocacy Conference Apr. 24-25
The Mortgage Bankers Association's annual National Advocacy Conference takes place Apr. 24-25 at the Capital Hilton in Washington, D.C.
MBA Education Use of Trended Data Analytics for Quality Control Webinar Mar. 26
MBA Education hosts a webinar series, Use of Trended Data Analytics for Quality Control, beginning Monday, Mar. 26 from 2:00-3:30 p.m. ET.
MBA Education/MISMO eMortgages Webinar Series Kicks Off Mar. 8
MBA Education and MISMO present its popular eMortgages Webinar series with a complimentary webinar beginning Thursday, Mar. 8 from noon-1:30 p.m. ET.
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.
FHA Lenders Warming Up to Reverse Mortgages for New Home Purchases
National Mortgage News, Mar. 6, 2018--Bonnie Sinnock (subscription)
Senate Agrees to Begin Debate over Dodd-Frank Overhaul Bill
HousingWire Mar. 6, 2018--Kelsey Ramirez
Gary Cohn Resigning as Top White House Economic Advisor
Politico, Mar. 6, 2018--Ben White, Cristiano Lima
HUD Selling Vacant Property Loans
Mortgage Daily, Mar. 6, 2018
Banks Want In on Tax Reform Plan to Spur Investment in Distressed Areas
National Mortgage News, Mar. 6, 2018--Brian Collins (subscription)
Radian Relaxes Mortgage Insurance Requirements
Mortgage Daily, Mar. 6, 2018
That Much Prophesied Commercial Property Bust Still Hasn't Happened
Wall Street Journal, Mar. 6, 2018--Esther Fung (subscription)
Commercial Loan Delinquencies Stay Down
Scotsman Guide, Mar. 6, 2018--Victor Whitman
More Apartment Landlords Offer Free Rent to Lure Tenants
National Real Estate Investor, Mar. 6, 2018--Bendix Anderson
U.S. Manufacturing, Business Spending on Equipment Slowing
Reuters, Mar. 6, 2018--Lucia Mutikani