The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said it supported the agency's proposed rule to amend existing Federal Home Loan Bank housing goals but urged agency to monitor the rule's impact on the FHLB Acquired Member Assets programs.
Mortgage Rates Creep Up But 'Bigger Moves are on The Horizon'
Washington Post, Jan. 31, 2019--Kathy Orton
Ben Carson Poised to Assert New Control Over New York's Housing Plans
CityLab, Jan. 31, 2019
Homeowners in Government Mortgage Programs Remain at Risk of Unnecessary Foreclosures
The Hill, Jan. 31, 2019--Lisa Sitkin, Odette Williamson
GE Agrees to Settle DoJ Subprime Mortgage Case for $1.5bn
Financial Times, Jan. 31, 2019--Ed Crooks (subscription)
Study Details Savings Needed by Generation Z for 2031 Home Purchase
National Mortgage Professional, Jan. 31, 2019--Phil Hall
FHFA Names New Chief of Staff
HousingWire, Jan. 31, 2019--Jessica Guerin
How Many More Store Closures Are Expected in 2019?
National Real Estate Investor, Jan. 31, 2019--Liz Wolf
Consider a Bridge Loan to Avoid a Fire Sale
Orange County Register, Jan. 31, 2019--Jeff Lazerson (MBA mention)
'Housing is a Bipartisan Issue'
SAN FRANCISCO--The political climate in Washington, D.C., is unlike anything seen even in recent years. "You can't make this stuff up," said MBA Senior Vice President of Legislative and Political Affairs Bill Killmer.
HUD/Census Report November New Home Sales Jump 17%
Catching up from the recent partial government shutdown, sort of, HUD and the Census Bureau yesterday reported new home sales in November jumped by 17 percent from October, the strongest performance since last March.
ATTOM: Average U.S. Home Seller Profits Hit 12-Year High
ATTOM Data Solutions, Irvine, Calif., said home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006.
Loan Defects Rise for 4th Straight Month
First American Financial Corp., Santa Ana, Calif., said its Loan Application Defect Index rose in December, the fourth consecutive monthly increase, but remains below historical levels.
'Implausible' Retail to Warehouse Conversions Emerging
Shuttered retail real estate assets can find new life as warehouses and e-commerce distribution centers, reported CBRE, Los Angeles.
Dealmaker: Hall Structured Finance Lends $38M For Reverb Hotel, Atlanta
Hall Structured Finance, Dallas, closed a new first lien construction loan totaling $37.5 million for a Reverb Hotel in downtown Atlanta.
MBA State & Local Workshop Apr. 1-2
The Mortgage Bankers Association's popular annual State & Local Workshop takes place Apr. 1-2 at the Capital Hilton in Washington, D.C.
MBA Education Advanced Servicing Workshop in Orlando Feb. 25
MBA Education presents its Advanced Servicing One-Day Workshop on Monday, Feb. 25 at the MBA National Mortgage Servicing Conference & Expo in Orlando, Fla.
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).