Commercial/multifamily mortgage debt outstanding increased by $52.3 billion in the second quarter as all four major investor groups increased their holdings, the Mortgage Bankers Association reported this morning.
Mortgage Applications Rise 2.9% as Interest Rates Move Even Higher
CNBC, Sept. 26, 2018--Diana Olick
CFPB Report on Data Collection is Silent on Threat of Breaches
National Mortgage News, Sept. 26, 2018--Kate Berry (subscription)
Fannie Mae Launches Challenge for Healthy Affordable Housing Solutions
Housing Wire, Sept. 26, 2018--Alcynna Lloyd
Diversity and Inclusion is a Men's Issue, Too
American Banker, Sept. 26, 2018--LeeAnne B. Linderman (subscription)
Caution: Potential Inverted Yield Curve Ahead
National Real Estate Investor, Sept. 26, 2018--Beth Mattson-Teig
Freddie to Buy Shared Equity Mortgages
Mortgage Daily, Sept. 26, 2018
Sen. Warren Introduces Housing Bill
Mortgage Daily, Sept. 26, 2018
Sandler Law Group Buys Out McGlinchey Stafford Youngblood and Associates
HousingWire, Sept. 26, 2018--Jeremiah Jensen
MBA, Trade Groups Ask Bureau to Change LO Compensation Rule
The Mortgage Bankers Association and nearly a dozen industry trade groups asked the Bureau of Consumer Financial Protection to change its Loan Originator Compensation Rule to better protect consumers and reduce lenders' regulatory burdens.
August New Home Sales Up 3.5%
New home sales rose by a modest 3.5 percent in August, tempered by downward revisions from the past three months, HUD and the Census Bureau reported yesterday.
Fed Raises Target Funds Rate to 2.25 Percent
The Federal Open Market Committee, as expected, voted to raise the federal funds rate to its highest level since August 2008.
Hotel Pipeline Reaches Record
The global hotel construction pipeline has never been larger and the U.S. has more properties in the pipeline than any other country, reported Lodging Econometrics, Portsmouth, N.H.
Dealmaker: Bellwether Enterprise Closes $29M for Multifamily
Bellwether Enterprise Real Estate Capital, Cleveland, closed $21.4 million in loans to preserve a five-property affordable multifamily portfolio totaling 370 units in the San Francisco Bay area.
mPowering You Summit for Women in Real Estate Finance in D.C. Oct. 13
mPowering You, the Mortgage Bankers Association's Summit for Women in Real Estate Finance, takes place Saturday, Oct. 13 at the Walter E. Washington Convention Center in Washington, D.C., ahead of the MBA Annual Convention & Expo.
Call for Speakers: MBA Whole Loan Trading Workshop--Deadline Sept. 28
The Mortgage Bankers Association's Whole Loan Trading Workshop takes place in Houston on Thursday, Nov. 8. Interested speakers are encouraged to submit proposals by Friday, Sept. 28.
MBA Education Effective Internal Audit Function: Beyond the Basics Webinar Sept. 27
MBA Education presents a webinar, MBA Education Effective Internal Audit Function: Beyond the Basics, on Wednesday, Sept. 27 from 2:00-3:30 p.m. ET.
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.