Mortgage delinquencies rose in the second quarter as the economy showed signs of slowing, putting more homeowners at risk, the Mortgage Bankers Association reported yesterday.
Mapping the Hispanic Homeownership Gap
Urban Institute, Aug. 13, 2019--Sarah Strochak, Caitlin Young, Alanna McCargo
House Committee: Big Bank Leadership is Mostly White, Mostly Male
HousingWire, Aug. 13, 2019--Jessica Guerin
U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak
Wall Street Journal, Aug. 13, 2019--Harriet Torry (subscription)
U.S. Will Back More Condominium Loans Aimed at First-Time Buyers
Wall Street Journal, Aug. 14, 2019--Laura Kusisto (subscription)
More Signs Point to a Softer Housing Market, Even as Mortgage Rates Fall
CNBC, Aug. 13, 2019--Diana Olick
Reform Plan Shouldn't Lead to Ratings Cut in the Near Term: Fitch
National Mortgage News, Aug. 13, 2019--Brad Finkelstein (subscription)
Refi 'Wave' Dominates MBA Weekly Applications Survey
The lowest mortgage interest rates in more than three years sparked a sharp increase in refinance activity, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the week ending Aug. 9.
FHFA Publishes Final Rule on Credit Score Models
The Federal Housing Finance Agency yesterday announced a final rule on validation and approval of third-party credit score model(s) that can be used by Fannie Mae and Freddie Mac.
Quicken: Home Values at 12-Year High; Owner Perceptions Improve
Quicken Loans, Detroit, said home values rose by 0.6% nationally in July and posted a 4.78% year over year increase to their highest point since January 2007.
How Climate Change Could Change CRE
Real estate developers are responding to the threat of climate change with design changes and new technologies, said the Urban Land Institute, Washington, D.C.
Dealmaker: Hunt Real Estate Capital, Freddie Mac Finance Affordable Housing Portfolio
Hunt Real Estate Capital, New York, provided $192.2 million in Freddie Mac financing for a 1,321-unit Brooklyn, N.Y. multifamily portfolio.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
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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).