Mortgage applications for new home purchases fell by 5 percent in April from Month but rose by 7.5 percent from a year ago, the Mortgage Bankers Association reported this morning.
A Brief Respite for Interest Rates Fails to Spur Mortgage Applications
CNBC, May 9, 2018--Diana Olick
Amazon Rolls Out Model 'Smart' Homes for U.S. Shopperts to Try Out Alexa
Reuters, May 9, 2018--Jeffrey Dastin
GSE Reform Is Dead--Long Live GSE Reform!
Urban Institute, May 9, 2018--Jim Parrott, Mark M. Zandi
Mulvaney Guts CFPB's Student Lending Office
American Banker, May 9, 2018--Kate Berry (subscription)
RBS Reaches $4.9 Billion Deal to Settle U.S. Mortgage Bond Investigation
Reuters, May 9, 2018--Nate Raymond, Eric Walsh, Sinead Cruise
Wells Fargo Owes California Mortgage Bankers $97M for Rest Breaks
American Banker, May 9, 2018 (subscription)
Mortgage Executives Recruited, Promoted
Mortgage Daily, May 9, 2018--Sam Garcia
PHH Corp.'s Results Clear Hurdles to Acquisition by Ocwen Financial
National Mortgage News, May 9, 2018--Bonnie Sinnock (subscription)
CRM and Lead Generation for Mortgages Adapt to Revival of Suburbs
National Mortgage News, May 9, 2018--Elina Tarkazikis (subscription)
MBA Launches ‘mPower Moments' Video Series
The Mortgage Bankers Association's mPower (MBA Promoting Opportunities for Women to Extend their Reach) launched a new monthly MBA video series in which MBA Chief Operating Officer and mPower Founder Marcia M. Davies discusses issues important to the mPower community with guests.
In Boom/Bust Markets, Younger People Stay at Home
The share of college graduates in their twenties who live with their parents increased from 19 percent in 2005 to 28 percent in 2016, reported Zillow Inc., Seattle.
'Stable' 1Q Conceals Shifting Market
The first quarter saw stable CRE operating fundamentals, cap rates and transaction volume, but shifts in market participants that drove activity, reported PwC, New York.
Dealmaker: NorthMarq Capital Secures $171M for Office, Mixed-Use
NorthMarq Capital, Minneapolis, secured $171.3 million for office and mixed-use properties in California and Arizona.
MBA Commercial/Multifamily Servicing/Technology Conference in Miami May 20-23
The Mortgage Bankers Association's annual Commercial/Multifamily Servicing and Technology Conference takes place May 20-23 at the Intercontinental Miami.
MBA Mortgage Action Alliance Action Week May 14-18
MAA Action Week is an annual week-long event dedicated to helping real estate finance professionals learn how to become more engaged in political advocacy that supports our industry.
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.