The Mortgage Bankers Association and other industry trade groups urged federal banking agencies to streamline the "Volcker Rule" to reduce costs for businesses.
Mortgage Rates Pull Back After Last Week's Sharp Increase
Washington Post, Oct. 18, 2018--Kathy Orton
MBA: Home-Purchase Market Looks Bright
Scotsman Guide, Oct. 18, 2018--Victor Whitman
'We Do Not Determine our Destiny;' a Sit-Down with Outgoing Freddie CEO
American Banker, Oct. 18, 2018--Hannah Lang (subscription)
Fannie, Freddie Looking to Increase Mortgage Loan Limits
Daily Breeze (Calif.), Oct. 18, 2018--Jeff Lazerson
CFPB Asks for Investigation Into Official's Racial Remarks
Wall Street Journal, Oct. 18, 2018--Yuka Hayashi (subscription)
Fannie Cuts 2018, 2019 Origination Forecast
Mortgage Daily, Oct. 18, 2018
The Key to Easing Mortgage Defaults
DS News, Oct. 18, 2018--Radhika Ojha
Mortgage Rate Forecasts Have Little Change Ahead
Mortgage Daily, Oct. 18, 2018--Sam Garcia
Former LandCastle Title CEO Nat Hardwick Found Guilty of Embezzling $26 Million
HousingWire, Oct. 18, 2018--Ben Lane
Home Equity Borrowing ‘Poised to Soar;' Remodeling Forecast Softens
TransUnion, Chicago, said growth in home equity could lead to a surge in home equity lending over the next year. However, the Joint Center for Housing Studies at Harvard University said home improvement and repair spending is expected to soften in 2019.
Closed Purchase Loans Increase Despite Low Inventories
Ellie Mae, Pleasanton, Calif., said closed purchase loans increased in September to 71 percent of total loans.
Ginnie Mae, Washington, D.C., announced its mortgage-backed securities portfolio reached $2.008 trillion in unpaid principal balance. That's up from $1 trillion just eight years ago.
Single-Family Rent Prices Increase 3.1% Year-over-Year
Rent prices in single-family rental properties increased 3.1 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
Dealmaker: Quantum Capital Partners Arranges $80M
Quantum Capital Partners, Beverly Hills, Calif., arranged $80 million for student housing and retail assets in Seattle and Los Angeles.
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 Fundamentals and Best Practices in Mortgage Accounting Workshop Nov. 12
MBA Education presents a workshop, Fundamentals and Best Practices in Mortgage Accounting Workshop, on Monday, Nov. 12 at the Hyatt Regency Orlando.
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.