WASHINGTON, D.C.--The Mortgage Bankers Association forecasts $1.2 trillion in purchase mortgage originations in 2019, a 4.2 percent increase from 2018, with refinance originations continuing to trend lower next year, decreasing by 12.4 percent to $395 billion.
Women are not Represented Well in Media, Geena Davis Tells MBA Audience
HousingWire, Oct. 16, 2018--Caroline Basile
Millennials Drive Mortgage Origination Rises in 2020 and Beyond: MBA
National Mortgage News, Oct. 16, 2018--Brad Finkelstein (subscription)
Joel Kan: 3% to 4% Growth Predicted for the Purchase Market
HousingWire, Oct. 16, 2018--Jeremiah Jensen
Wells Fargo, Bank of America Reveal True Impact of Digital Mortgages
HousingWire, Oct. 16, 2018--Ben Lane
Fintech Innovation is Becoming a Must-Have for Mortgage Lenders
National Mortgage News, Oct. 16, 2018--Andy Higginbotham (subscription)
Nomura to Pay $480 Million to U.S. over 'Fraudulent' Mortgage-Backed Securities
Reuters, Oct. 16, 2018--Brendan Pierson
CFPB's Inspector General Asked to Probe Questions Over Political Aide's Past Writings
American Banker, Oct. 16, 2018--Joe Adler (subscription)
Mortgage Fraud is Rising, According to New Report
Washington Post, Oct. 17, 2018--Michele Lerner
Regulators Issue Updated FAQ on Appraisals
National Mortgage News, Oct. 16, 2018--Hannah Lang (subscription)
First Republic Bank's Mortgage Originations Tumble
Mortgage Daily, Oct. 16, 2018
3-Yr Low Ginnie Issuance as Book Surpasses $2 Tril
Mortgage Daily, Oct. 16, 2018
Trump Complains About Rising Interest Rates, Calling the Fed ‘My Biggest Threat'
Wall Street Journal, Oct. 16, 2018--Kate Davidson (subscription)
Applications Down Again in MBA Weekly Survey
Mortgage applications decreased sharply from one week earlier as key interest rates moved higher above 5 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 12.
October Home Builder Confidence Up
Builder confidence in the market for newly built single-family homes rose slightly in October, the National Association of Home Builders reported yesterday.
Higher Mortgage Rates Drive Apartment Investment Market Index Decline
Significant mortgage rate increases once again drove declines in the Freddie Mac Multifamily Apartment Investment Market Index in the second quarter and from a year ago.
Cushman & Wakefield's Chicago office acquired multifamily institutional investment sales brokerage firm KIG CRE.
Dealmaker: Berkadia Secures $57M for Multifamily
Berkadia, New York, secured $57.1 million in financing for multifamily assets in Virginia and Arizona.
Today at #MBAAnnual18
WASHINGTON, D.C.--The Mortgage Bankers Association's Annual Convention & Expo concludes this morning.
MORPAC Honors Edgar Bright, CMB, AMP, with Schumacher-Bolduc Award
WASHINGTON, D.C.--The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Edgar Bright, CMB, AMP, President of Standard Mortgage Corp., New Orleans, with the 2018 Schumacher-Bolduc Award here at the association's Annual Convention and Expo.
MISMO Seeks Input on Standardized Dataset for Private Label Mortgage Assets
MISMO®, the mortgage industry's standards organization, seeks participants to define a standardized mortgage asset dataset to support rating agency asset valuation efforts necessary for securitizing residential mortgages.