The Consumer Financial Protection Bureau yesterday announced Mortgage Bankers Association-supported changes to its Civil Investigative Demands policies to ensure they provide more information about the potentially wrongful conduct under investigation.
Spring Housing Check
MBA Chief Economist Mike Fratantoni appears on CNBC's Worldwide Exchange to discuss housing market trends, the economy and the latest MBA forecast.
GE's WMC Mortgage Unit, Felled By Financial Crisis, Files Chapter 11 Bankruptcy
Reuters, Apr. 23, 2019--Jonathan Stempel
Mortgage Industry Zeros In on Two Technologies to Improve Processes
National Mortgage News, Apr. 23, 2019--Elina Tarkazikis (subscription)
Wall Street Tells Mortgage Buyers Wider Spreads Are a Point of Entry
Bloomberg, Apr. 23, 2019--Christopher Maloney
Flagstar's Mortgage Revenue Boosts First-Quarter Earnings
National Mortgage News, Apr. 23, 2019--Paul Centopani (subscription)
Homebuilder Pulte Pins Hope on Lower Mortgage Rates, Home Prices
Reuters, Apr. 23, 2019--Sanjana Shivdas
Victims of Reverse Mortgage Scam Want Protection from Ditech Bankruptcy
HousingWire, Apr. 23, 2019--Jessica Guerin
Mortgage Applications Down Again in MBA Weekly Survey
Mortgage applications fell for the third straight as interest rates continued to edge higher, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending April 19.
March New Home Sales Up 4.5%
HUD and the Census Bureau yesterday reported March new home sales rose by 4.5 percent from February and by 3 percent from a year ago.
Office Vacancies Drop Ahead of Expected Supply Wave
The office market remains broadly in an "expansionary" mode, with tenants driving 14 million square feet of net absorption in the first quarter, reported JLL, Chicago.
Dealmaker: Marcus & Millichap Capital Corp. Arranges $51M for Multifamily
Marcus & Millichap Capital Corp., Calabasas, Calif., arranged $50.5 million to refinance two southern California multifamily properties.
MBA Legal Issues & Regulatory Compliance Conference in New Orleans May 5-8
The Mortgage Bankers Association's Legal Issues & Regulatory Compliance Conference takes place May 5-8 at the Hyatt Regency New Orleans.
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.
Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx.