DALLAS--Data breaches and evolving strategies by bad actors are putting financial institutions under more pressure than ever before.
The Mortgage Rate 'Undo': Opportunities And Caveats
Forbes, Apr. 1, 2019--Brad Hunter
San Francisco Fed Says Banks Could Weather a Big Hit to Housing
Bloomberg, Apr. 1, 2019--Jeanna Smialek
Congress Pits VA Mortgage Costs Against Veterans' Health Care
American Banker, Apr. 1, 2019--Hanna Lang (subscription)
White House to Fed: Cut Rates
National Mortgage Professional, Apr. 1, 2019--Phil Hall
Redfin: Homebuyer Competition Eases as Housing Market Cools
HousingWire, Apr. 1, 2019--Alcynna Lloyd
Mortgage Lenders, Expect Your Closing Rate to Decline Over the Next Year
HousingWire, Apr. 1, 2019--Jessica Guerin
HUD: Reverse Mortgage Volume Falls in Q1 2019
Reverse Mortgage Daily, Apr. 1, 2019--Chris Clow
Altisource Selling Financial Services Business to Transworld Systems
HousingWire, Apr. 1, 2019--Ben Lane
Mixed Data Offer Glimmers of Hope for Slowing U.S. Economy
Reuters, Apr. 1, 2019--Lucia Mutikani
The (Slow) Return of Private-Label Securitization
DALLAS--After years of false starts, the private-label securitization market is finally showing signs of life--albeit not at levels in which anyone appears to be happy, or confident.
MBA, Trade Groups Urge Senate to Approve Calabria as FHFA Director
The Mortgage Bankers Association and nearly two dozen industry trade groups asked the Senate to approve Mark Calabria, the Trump Administration's nominee to serve as Director of the Federal Housing Finance Agency.
Black Knight: Tappable Equity Falls for Second Straight Quarter
Black Knight, Jacksonville, Fla., said tappable equity--the amount available for homeowners with mortgages to borrow against before hitting a maximum 80 percent combined loan-to-value ratio--fell by $229 billion in the fourth quarter.
The Federal Housing Finance Agency issued its semi-annual Credit Risk Transfer Progress Report, noting Fannie Mae and Freddie Mac transferred a portion of credit risk on nearly $3 trillion of unpaid principal balance in 2018.
MBA 4Q Commercial/Multifamily DataBook Reports Vacancy Rates, Asking Rents Up Slightly
Commercial property vacancy rates generally ticked up during 2018, but so did asking rents, the Mortgage Bankers Association Fourth Quarter Commercial/Multifamily DataBook reported.
Dealmaker: Largo Group Secures $179M for Office/Retail/Hotel Assets
The Largo Group of Cos., Buffalo, N.Y., secured $178.7 million for properties in Calgary, Alberta and four U.S. states.
MISMO Spring Summit June 3-7 in Milwaukee; Registration Now Open
Registration is now open for the MISMO Spring Summit, taking place June 3-7 at the Pfister Hotel in Milwaukee.
MBA School of Mortgage Banking II May 14-17 in Chicago
MBA Education presents its popular School of Mortgage Banking Course II May 14-17 in Chicago.
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.