This past Wednesday, the House passed H.R. 6737, the Protect Affordable Mortgages for Veterans Act, which addresses an unintended consequence from the enactment of Section 309 of S. 2155 (now PL 115-174) that caused certain VA-guaranteed loans to be ineligible for pooling as Ginnie Mae securities.
Supreme Court Clash Puts Regulatory Nominees on Back Burner
National Mortgage News, Sept. 28, 2018--Neil Haggerty (subscription)
'It is an Issue for All of Us': Dissent Spreads at CFPB over Top Aide's Writings
American Banker, Sept. 30, 2018--Kate Berry, Rachel Witkowski (subscription)
Lawmakers Urge Fed to Follow Through on Reg Relief for Midsize Banks
American Banker, Sept. 28, 2018--Neil Haggerty (subscription)
Housing Market Slows, as Rising Prices Outpace Wages
New York Times, Sept. 29, 2018--Ben Casselman
2nd Appraisal to Be Required on Some HECMs
Mortgage Daily, Oct. 1, 2018
Ocwen's $360 Million Acquisition of PHH to Close Within Days
HousingWire, Sept. 28, 2018--Ben Lane
SEC Fines Former Ocwen Exec for Insider Trading Before CFPB, PHH News
National Mortgage News, Sept, 28, 2018--Brad Finkelstein, Bonnie Sinnock (subscription)
A 'Turning Point' In The Housing Market
NPR, Sept. 28, 2018--Stacey Vanek Smith; Cardiff Garcia
Nationstar Affiliate Laying Off Dozens in Texas
Dallas Morning News, Oct. 1, 2018--Karen Robinson-Jacobs
Helping Your Kids Become Homeowners
UExpress, Sept. 28, 2018--Lew Sichelman
MBA Chart of the Week: Key Market Rates
This week's chart features key market rates that impact the economy and housing markets.
Loan Defect Index Flat in August As Hurricane Damage Looms
In the wake of major natural disasters this summer, the risk of mortgage loan application fraud increased in August, said First American Financial Corp., Irvine, Calif.
The Week Ahead
The Mortgage Bankers Association's Annual Convention & Expo is less than two weeks away, running Oct. 14-17 at the Walter E. Washington Convention Center here in Washington, D.C.
Tech Sector's CRE Influence Grows
The technology sector's impact on commercial real estate may appear sudden, but it has been building for years, reported Cushman & Wakefield, New York.
Dealmaker: Newmark Arranges $51M for Office, Retail
Newmark, San Francisco, arranged $50.7 million for office and retail assets in Washington and California.
‘The Future of Mortgage Lending' at MBA Annual Convention & Expo
Join industry trailblazers Bill Emerson and Anthony Hsieh as they discuss the future of mortgage lending at the Mortgage Bankers Association's Annual Convention & Expo, Oct. 14-17 in Washington, D.C.
MBA Education Mortgage Accounting I: Drilling into Mortgage Accounting Oct. 3
MBA Education presents Part 1 of its series on Mortgage Accounting, Drilling into Mortgage Accounting on Wednesday, Oct. 3 from 2:00-3:30 p.m. ET.
Upcoming MBA Education School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II Nov. 27-30 at USAA in Tampa, Fla.
MBA Education Roadmap for Moving from Paper to Digital Webinars Oct. 2, Oct. 4
MBA Education offers an informative two-part webinar series, Roadmap for Moving from Paper to Digital, on Tuesday, Oct. 2 and Thursday, Oct. 4.