The Mortgage Bankers Association says it expects commercial and multifamily originations to close the year roughly on par with the record activity seen in 2017.
Mortgage Applications Drop to 4-Year Low as Interest Rates Hit 8-Year High
CNBC, Nov. 7, 2018--Diana Olick
MBA Lobbyist: Here's What a Democrat-Led House Means to Us
HousingWire, Nov. 7, 2018--Alcynna Lloyd
Siding with Landlords and Lenders, Voters Reject Expanded Rent Control
National Mortgage News, Nov. 7, 2018--Elina Tarkazikis (free article)
Getting a Mortgage is Now Easier, But it Could Backfire
Union-Leader (Manchester, N.H.), Nov. 7, 2018--Deborah Kearns (Bankrate.com)
UBS Faces New Legal Battle in U.S. over Mortgage Securities
Reuters, Nov. 8, 2018--Karen Freifeld, Michael Shields
Federal Reserve Likely to Keep Interest Rates Steady
Wall Street Journal, Nov. 8, 2018--Nick Timiraos (subscription)
Sources: Mr. Cooper to Buy Pacific Union Financial
HousingWire, Nov. 7, 2018--Kelsey Ramirez
Sizing Up the Real Fintech Threat
American Banker, Nov. 7, 2018--Penny Crossman (subscription)
Ditech Faces NYSE Delisting as it Continues to Explore a Sale
National Mortgage News, Nov. 7, 2018--Bonnie Sinnock (subscription)
J.D. Power: Mortgage Customer Satisfaction Up, Thanks to Digital
Customer satisfaction with primary mortgage originators increased this year as digital origination channels play a more significant role in the process, said J.D. Power, Westlake, Calif.
Equity Rich Properties Top 14.5 Million in 3Q
ATTOM Data Solutions, Irvine, Calif., said 14.5 million U.S. properties were "equity rich" in the third quarter, up by more than 433,000 from a year ago, representing nearly 26 percent of all properties with a mortgage.
Oconee Federal Savings and Loan, Seneca, S.C., selected Wolters Kluwer's ComplianceOne platform to help streamline its current lending processes, positioning the bank for further growth.
Opportunity Zones Could Trigger $100B in Investment
Opportunity Zones created by last December's Tax Cuts and Jobs Act could cause up to $100 billion could be deployed over the next several years, analysts say.
Dealmaker: Newmark Knight Frank Brokers Two Sales Totaling $214M
Newmark Knight Frank, New York, brokered two property sales in Boston and Los Angeles that totaled $213.5 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 Compliance Essentials State Mortgage Servicing Rules Deep Dive Workshop Feb. 25
MBA Education and the Compliance Essentials program present State Mortgage Servicing Rules Deep Dive Workshop on Feb 25 at the Hyatt Regency Orlando in conjunction with the MBA National Mortgage Servicing Conference & Expo.
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.