Despite the lowest interest rates in three years and a resulting uptick in refinancing--the Mortgage Bankers Association last week reported refinance application activity was 180 percent higher than a year ago--several reports said the rate drop doesn't appear to be having the desired effect on housing activity.
Refinance Now or Wait in a Very, Very Long Line
The Mortgage Reports, Aug. 26, 2019--Peter Miller
The Western States CREF Conference is More Dynamic than Ever
Mortgage Professional America, Aug. 26, 2019--Kimberly Green
A Primer on the Future of Fannie, Freddie
Wall Street Journal, Aug. 27, 2019--Andrew Ackerman (subscription)
6 Banking Issues to Watch When Congress Reconvenes
American Banker, Aug. 26, 2019--Neil Haggerty, Joe Adler (subscription)
GOP Rep. Sean Duffy Resigning from Congress
The Hill, Aug. 26, 2019--Juliegrace Brufke
Process Changes Can Bring New Business to Mortgage Lenders
National Mortgage News, Aug. 26, 2019--Steve Smith (free article)
FICO Scores for Refi Borrowers Reach Six-Year High, Ellie Mae Says
HousingWire, Aug. 26, 2019--Kathleen Howley
ZeroDown Raises $100M in Debt Capital
National Mortgage Professional, Aug. 26, 2019--Phil Hall
MBA Education Path to Diversity Scholar Profile: Dianna Rodriguez
Dianna Rodriguez is a Paralegal with First Guaranty Mortgage Corp., Arlington, Va., where she has spearheaded several important projects including licensing, acquisition of Goodmortgage.com and an intense Vendor Management overhaul. She is a recipient of the MBA's Path to Diversity Scholarship and is a member of the 2019 class of MBA Future Leaders.
MISMO Seeks Nominations for Standards Governance Committee Members
MISMO seeks nominations for qualified industry professionals to serve on MISMO's Standards Governance Committees for a two-year term beginning in January. Positions are available on both the Residential and Commercial Standards Governance Committees.
Collateral Analytics, Honolulu, Hawaii, published a Research Article showing employment, particularly at the local level, serves as a key predictor for home prices.
Forecast Sees Further Slowing for U.S. Hotels
Performance growth projections for the U.S. hotel industry are slipping, two sector analysts said.
Dealmaker: Ashford Hospitality Trust Sells Courtyard Savannah for $30M
Ashford Hospitality Trust, Dallas, sold the 156-room Courtyard Savannah Downtown in Savannah, Ga. to Peachtree Hotel Group, Atlanta, for $29.75 million.
mPowering You: MBA's Summit For Women in Real Estate Finance in Austin Oct. 26
mPowering You: MBA's Summit For Women in Real Estate Finance, takes place Saturday, Oct. 26 at the Austin Convention Center in Austin, Texas.
Upcoming MBA Education School of Mortgage Banking III Courses
MBA Education presents its School of Mortgage Banking Course III, with sessions scheduled for this fall and winter.
MBA Education/Compliance Essentials Managing the Risks of CFPB and State Examinations Sept. 15
MBA Education and Compliance Essentials present a workshop, Managing the Risks of CFPB and State Examinations, on Sunday, Sept. 15 at the Sheraton Grand Chicago, in conjunction with the MBA Risk Management, QA and Fraud Prevention Summit.