The Mortgage Bankers Association announced formation of the Capital Council, a new business council, consisting of commercial real estate finance professionals from MBA member firms.
Volcker 2.0 Unites Banks and their Critics in Opposition
American Banker, Oct. 22, 2018--Hannah Lang (subscription)
Quicken Pushes Servicing Portfolio Past $300 Bil
Mortgage Daily, Oct. 22, 2018
To Boost Credit Scores, FICO, Experian, Finicity Want Bank Data
National Mortgage News, Oct. 22, 2018--Bonnie Sinnock (subscription)
Trump Administration Unveils New Rules for Opportunity Zones
HousingWire, Oct. 22, 2018--Ben Lane
Lenders Share Their Underwriting Secrets With Credit Karma
Wall Street Journal, Oct. 22, 2018--Peter Rudegeair, AnnaMaria Andriotis (subscription)
Mortgage Earnings Fall at BBT, Originations Ease
Mortgage Daily, Oct. 23, 2018
Bank of America, Broker Back Revival of Subprime Mortgage Market
UPI, Oct. 22, 2018--Daniel Uria
FHA Takes Steps to Relieve Balance Sheet Stress for Reverse Mortgage Issuers
HousingWire, Oct. 22, 2018--Jessica Guerin
Florida Home Sales Bounce Back From Irma's Impact
National Mortgage Professional, Oct. 22, 2018--Phil Hall
Housing Inventory Showing Signs of Catching Up
Recent housing price reports suggest that the housing inventory crunch of the past few years is finally showing signs of subsiding, even as home prices continue to rise and sales drop.
Rising Interest Rates Send Mortgage Payments Climbing Twice as Fast as Home Values
Home buyers today would have to spend nearly $1,400 more per year on their mortgage than they would have a year ago, as rates have risen rapidly since the beginning of 2018, said Zillow, Seattle.
Hotel Sector Sees Mixed 3Q Performance
The U.S. hotel sector saw mixed year-over-year performance during the third quarter and full-year 2017 performance fell short of expectations, analysts said.
RealPage, Richardson, Texas, agreed to acquire Rentlytics, San Francisco, for nearly $57 million.
Dealmaker: Cushman & Wakefield Arranges $102M in Multifamily Sales
Cushman & Wakefield, New York, negotiated two apartment property sales totaling $101.8 million in Florida and Georgia.
MBA Accounting & Financial Management Conference in Orlando Nov. 12-14
The Mortgage Bankers Association's MBA Accounting & Financial Management Conference takes place in Orlando Nov. 12-14.
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.
MBA Disaster Recovery Guide Now Available in Spanish
The Mortgage Bankers Association and the National Association of Hispanic Real Estate Professionals have developed a Spanish-language version of Disaster Recovery: A Resource for Homeowners, a consumer-facing informational guide.