Mortgage applications fell from one week earlier, even as the 30-year fixed mortgage rate fell even further, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending August 16.
Mortgage Debt Has Peaked. Why Has the Share of Homeowners with a Mortgage Fallen to a 13-Year Low?
Urban Institute, Aug. 20, 2019--Michael Neal
Mortgage Market Reopens to Risky Borrowers
Wall Street Journal, Aug. 21, 2019--Ben Eisen (subscription)
Trump Examining Various Tax Cuts to Bolster the Economy
Wall Street Journal, Aug. 20, 2019--Rebecca Ballhaus, Andrew Resuccia, Richard Rubin (subscription)
Study: Upping the VA Home Loan Funding Fee is a Bad Move
National Mortgage Professional, Aug. 20, 2019--Phil Hall
Freddie Mac Updates Servicing Data Corrections, Modifications Policies
National Mortgage News, Aug. 20, 2019--Bonnie Sinnock (subscription)
Regulators Scrap Proposed Volcker Rule Compliance Standard
American Banker, Aug. 20, 2019--Hannah Lang (subscription)
Mortgage REITs Were Doing Great--Until the Yield Curve Inverted
The Real Deal, Aug. 20, 2019--Rich Bockmann
Santandar Bank Cuts Back on Its Mortgage Business
Philadelphia Inquirer, Aug. 20, 2019--Joseph N. DiStefano
MBA Education Path to Diversity Scholar Profile: Vivian Kwok
Vivian Kwok is Director of Mortgage Operations with Manulife Investment Management, Toronto, Ontario. She has more than 15 years of industry experience. She earned her Bachelor of Arts (Honors) in Economics and Geography from the University of Toronto.
RE/MAX: July Home Sales Up 2.4%, Inventory Growth Down
RE/MAX, Denver, said July home sales bounced back after a sluggish June, as inventory declined for the first time in nine months.
First American: Increasing Tenure Length Dampening Home Sales
Demand for existing homes is strong, but one can't buy what's not for sale, said First American Financial Corp., Santa Ana, Calif.
Single-Family Rent Growth Slips
CoreLogic, Irvine, Calif., said rent prices in single-family rental properties increased 2.9 percent year-over-year in June, down slightly from a year ago.
Dealmaker: Sonnenblick-Eichner Co. Arranges $46M for New Orleans Hotel
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $46 million of interim first mortgage financing for Maison Dupuy, a 200-room boutique hotel in downtown New Orleans.
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.
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.