Nearly 250 senior executives of Mortgage Bankers Association member companies signed a letter urging the Bureau of Consumer Financial Protection (Consumer Financial Protection Bureau) to make changes to its Loan Originator Compensation rule, saying such changes would help consumers and reduce regulatory burdens.
Two Channels Battle for the Purchase Mortgage Market
HousingWire, Oct.23, 2018--Clayton Collins
New MBA Council Focuses on Commercial Real Estate
National Mortgage Professional, Oct. 23, 2018--Phil Hall
Three Big States Account for Nearly a Third of Complaints to CFPB
American Banker, Oct. 23, 2018--Hannah Lang (subscription)
Trump Steps Up Attacks on Fed Chairman Jerome Powell
Wall Street Journal, Oct. 23, 2018--Multiple Staff (subscription)
Mortgage Firms Spend Less than Others on Fraud, But Costs Still Add Up
National Mortgage News, Oct. 23, 2018--Bonnie Sinnock (subscription)
Flagstar's Move to Diversify Beyond Mortgages Pays Off
National Mortgage News, Oct. 23, 2018--Brad Finkelstein (subscription)
CoreLogic to Buy Out Symbility Solutions
HousingWire, Oct. 23, 2018--Jeremiah Jensen
Boise and Reno Capitalize on the California Real Estate Exodus
Bloomberg Businessweek, Oct. 23, 2018--Prashant Ghopal, Noah Buhayar
Applications Bounce Back in MBA Weekly Survey
Mortgage applications rebounded solidly from one week earlier as key interested rates continued to hover at seven-year highs, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 19.
The Federal Housing Administration announced revised requirements for Home Equity Conversion Mortgage servicers when they assign FHA-insured reverse mortgages to the agency for claim payment.
Green Buildings Gaining Ground
The commercial real estate industry is making significant progress in reducing energy consumption, carbon emissions, water usage and waste disposal, reported the Urban Land Institute, Washington, D.C.
Dealmaker: HFF Secures $451M for Condominiums, Mixed-Use, Multifamily
Holliday Fenoglio Fowler, Houston, secured $451 million for commercial assets in Massachusetts, Tennessee and California.
CREF19 in San Diego Feb. 10-13
The Mortgage Bankers Association's Commercial Real Estate Finance/Multifamily Housing Convention & Expo 2019 returns to San Diego Feb. 10-13.
MBA Education School of Loan Origination II Oct. 30-Nov. 15
MBA Education offers its popular School of Loan Origination II instructor-guided online course from Oct. 30-Nov. 15.