LOS ANGELES--Three risk management executives: Debra Dunn, Chief Operating Officer with SWBC Mortgage, San Antonio, Texas; Gwen Muse-Evans, President and CEO of GME Enterprises, Bethesda, Md.; and Terry L. Schmidt, CMB, Executive Vice President and CFO of Guild Mortgage Co., San Diego; offered their perspectives on risk management and fraud issueshere at the recent Mortgage Bankers Association's Risk Management, Quality Assurance and Fraud Prevention Forum.
Commercial/Mortgage Debt Outstanding Up in Q2
National Mortgage Professional, Sept. 27, 2018--Phil Hall
Mortgage Rates Soar to 7-Year Highs
Washington Post, Sept. 27, 2018--Kathy Orton
As #MeToo Engulfs Capitol Hill, FHFA's Watt Feels the Heat
National Mortgage News, Sept. 27, 2018--Hannah Lang (subscription)
Will Amazon Take Over Mortgage Lending?
OC Register (Calif.), Sept. 27, 2018--Jeff Lazerson
Lenders Could See Purchase Growth as Home Inventory Hits 2018 High
National Mortgage News, Sept. 27, 2018--Elina Tarkazikis (subscription)
Fannie Mae, Freddie Mac Tighten Capital Rules for PMI Companies
National Mortgage News, Sept. 27, 2018--Brad Finkelstein (subscription)
Originations Soar, Staff Expands at Fairway
Mortgage Daily, Sept. 27, 2018
NAR: Pending Home Sales Fall for Eighth Consecutive Month
HousingWire, Sept. 27, 2018--Alcynna Lloyd
Manhattan Builders' 5-Year Plan: 33,000 New Rentals and Condos
Bloomberg, Sept. 27, 2018--Oshrat Carmiel
MBA Praises Passage of Veterans' Protection Bill
The House yesterday passed a bill that closes a loophole for thousands of loans made to veterans that fell through a crack in securitization.
CoreLogic: Florence Losses at $20-30 Billion; 85% of Residential Loss Uninsured
CoreLogic, Irvine, Calif., said its revised estimates of damage resulting Hurricane Florence puts residential and commercial flood and wind losses at $20-30 billion, with 85 percent of residential losses uninsured.
Urban Institute Paper Examines Barriers to Accessing Homeownership
In a new paper, the Urban Institute, Washington, D.C., examines three significant barriers to homeownership: saving for a down payment, accessing mortgage credit and housing affordability.
The Federal Housing Finance Agency released its quarterly Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac completed 70,945 foreclosure prevention actions in the second quarter, bringing the total number of foreclosure prevention actions to 4.180 million since September 2008.
Apartment Market Sees Accelerating Rent Growth, Tightening Occupancy
U.S. apartment rent growth accelerated to a 2.9 percent annual pace in the third quarter, reported RealPage, Richardson, Texas.
Dealmaker: Sonnenblick-Eichner Secures $29M New Orleans Hotel Refinance
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $29.2 million in interim first mortgage financing to refinance Old No. 77 Hotel & Chandlery in New Orleans' Warehouse Arts District.
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 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.
MBA Education School of Mortgage Banking I in Tampa Nov. 27-30
MBA Education presents its popular School of Mortgage Banking Course I at USAA in Tampa, Fla. Nov. 27-30.