A new paper from the Joint Center for Housing Studies at Harvard University said the profile of first-time homebuyers is rapidly shifting from "traditional" households to never-married and newly formed households.
Will GSE Reform Get Some Clarity from Long-Awaited Blueprints?
American Banker, Aug. 29, 2019--Hannah Lang (free article)
Mortgage Rates Hold Steady Despite Sinking Bond Yields
Washington Post, Aug. 29, 2019--Kathy Orton
Lenders are Making More Money on Mortgages than They Have in Three Years
HousingWire, Aug. 29, 2019--Kelsey Ramirez
Mixed Economic Signals Could Spell a Choppy Housing Market
Riverside Press-Enterprise (Calif.)., Aug. 29, 2019--Jeff Lazerson
Banks Fire Up Their Mortgage Machine for a Refinancing Boom
Bloomberg, Aug. 29, 2019--Hannah Levitt, Claire Boston
Historic Asset Boom Passes by Half of Families
Wall Street Journal, Aug. 30, 2019--David Harrison, Maureen Linke (subscription)
It's Taking Less Time to Get a Mortgage
Marketplace, Aug. 29, 2019--Ben Bradford
U.S. Charges Reverse Mortgage Lender Live Well's Ex-CEO with Fraud
Reuters, Aug. 29, 2019--Jonathan Stempel
Ditech Sale Blocked by Homeowner Claims of Botched Mortgages
National Mortgage News, Aug. 29, 2019 (subscription)
MBA Offices Closed Labor Day
MBA offices will be closed next Monday, Sept. 2, in observance of the Labor Day holiday. MBA NewsLink will not publish that day.
July Pending Home Sales Drop
Pending home sales fell in July, reversing from two consecutive months of gains, the National Association of Realtors reported yesterday.
First American: Defect Index Continues Downward Trend, Thanks to Refinancings
The refinance mini-boom has been good news for lenders; it's also been good news in deterring mortgage defects and fraud, according to First American Financial Corp., Santa Ana, Calif.
2nd Quarter GDP Slows to 2.0%
Gross domestic product slowed to 2 percent in the second quarter, according to the second (revised) estimate issued by the Bureau of Economic Analysis yesterday.
Office Sector Sees Weakest Growth Outlook Among Property Types
Ten-X, Irvine, Calif., said the office sector has the weakest growth outlook of all commercial real estate sectors despite the current strong job market.
LGIS Group, Atlanta, signed an agreement with commercial insurance agency Tanner, Ballew & Maloof. TBM will now include LGIS's commercial property loan insurance in its range of commercial property, casualty products and premium finance services.
Dealmaker: Manhattan's 540 Madison Ave. Changes Hands for $310M
DivcoWest, San Francisco, acquired 540 Madison Avenue in Midtown Manhattan's Plaza District from Boston Properties, Boston.
MBA Regulatory Compliance Conference 2019 in Washington Sept. 22-24
The Mortgage Bankers Association's annual Regulatory Compliance Conference takes place Sept. 22-24 at the Grand Hyatt in Washington, D.C. Early registration deadline is Monday, Aug. 12.
MBA Education Advanced Risk Management Concepts Workshop in Chicago Sept. 15
MBA Education presents a special edition of its Advanced Risk Management Concepts Workshop on Sunday, Sept. 15 in conjunction with the MBA Risk Management, Quality Assurance and Fraud Prevention Forum in Chicago.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP).