Our forecast, released at the MBA 2018 Annual Convention and Expo in Washington, D.C., estimates $1.24 trillion in purchase mortgage originations in 2019--a 4.2 percent increase from 2018. Refinance originations will continue to trend lower next year, decreasing by 12.4 percent to $395 billion.
Mortgage Rates Retreat But Remain Near 7-Year Highs
Washington Post, Nov. 1, 2018--Kathy Orton
Multifamily Lending in U.S. Hit New High of $285 Billion in 2017
World Property Journal, Nov. 1, 2018--Monsef Rachid
The Most Powerful Person in Mortgage Lending is About to be Replaced
HousingWire, Nov. 1, 2018--Jacob Gaffney
Amrock Seeks New Trial in HouseCanary Suit After Judge Denies Motion
National Mortgage News, Nov. 1, 2018--Bonnie Sinnock (subscription)
Zillow is Now Officially in the Mortgage Business
HousingWire, Nov. 1, 2018--Kelsey Ramirez
New Credit Score System Might Make It Easier to Get A Mortgage
Forbes, Nov. 1, 2018--Aly J. Yale
Signs of Relief Emerge for Battered U.S. Homebuilding Stocks
Reuters, Nov. 1, 2018--April Joyner
Affordable Jumbos: 40-Year Fixed Rate, Easy, Qualifying, Interest-Only for 10 Years
Orange County Register, Nov. 1, 2018--Jeff Lazerson
Can CRA be Moderninzed and Still Serve Its Original Purpose?
American Banker, Nov. 1, 2018--Rachel Witkowski (subscription)
FHFA: Majority of GSE Credit Risk Shifts to Private Market
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac have transferred nearly $2.5 trillion of credit risk to the private market since 2013.
South Dominates REO Markets
By one measure, Huntsville, Ala., is the real estate-owned capital of the country.
MBANow: CREF Corner Office Conversation with DBRS's Erin Stafford
The Mortgage Bankers Association released a new interview with DBRS Managing Director Erin Stafford, who discussed commercial mortgage-backed securities, the role of rating agencies and the credit outlook for commercial real estate.
CRE Prices Grow 0.7% in September
U.S. commercial real estate property price growth remained on its relatively consistent pace in September, reported Real Capital Analytics, New York.
Dealmaker: TruAmerica Multifamily Buys Utah Apartments for $48M
A joint venture between TruAmerica Multifamily, Los Angeles, and Investcorp, Bahrain, acquired 253-unit Country Lake Apartments in Salt Lake City, Utah, for $47.5 million.
MBA Summit on Diversity & Inclusion in D.C. Nov. 27-28
The Mortgage Bankers Association's annual Summit on Diversity and Inclusion takes place Nov. 27-28 at the Capital Hilton in Washington, D.C.
MBA Education Advanced Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
MBA Education School of Mortgage Banking Course III Dec. 4-7 in Dallas
MBA Education presents its School of Mortgage Banking Course III Dec. 4-7 at Mr. Cooper in Dallas.