Existing home sales fell to their lowest level since 2015 in January, the third consecutive monthly drop, the National Association of Realtors reported yesterday.
Interview with Mike Fratantoni, Chief Economist, Senior Vice President, Research and Industry Technology, Mortgage Bankers Association
Radding's Report, Feb. 21, 2019 (podcast)
Mortgage Rates Fall for the Third Week in a Row
Washington Post, Feb. 21, 2019--Kathy Orton
Addressing the Outcomes of Nonjudicial Foreclosure
DS News, Feb. 21, 2019--Donna Joseph
Senate Panel Sets Vote on Calabria Nomination for FHFA
American Banker, Feb. 21, 2019--Neil Haggerty (subscription)
Zillow CEO Rascoff Steps Down so Barton Can Lead Moonshot Effort
Bloomberg, Feb. 21, 2019--Patrick Clark
TIAA Bank Exiting Retail Mortgage Lending, Selling to U.S. Bank
HousingWire, Feb. 21, 2019--Ben Lane
Through Acquisition, M&T Bank Expands Mortgage Servicing Business
Buffalo Business First, Feb. 21, 2019--Alissa Kline
FHA Expands Affordable Housing Pilot Program
National Mortgage News, Feb. 21, 2019--Hannah Lang (subscription)
U.S. Banks Record $59.1 Billion in Profits in Fourth Quarter of 2018
Reuters, Feb. 21, 2019--Pete Schroeder
New Loan Allows 85% Cash Out with Less Documentation
Orange County Register, Feb. 21, 2019--Jeff Lazerson
January Refi Volume Jumps
Ellie Mae, Pleasanton, Calif., said home refinances jumped to 35 percent of originations in January, buoyed by lower holiday volume and lower interest rates.
RE/MAX: Housing Inventory Posts Record Increase as Declining Sales Extend to Sixth Month
RE/MAX, Denver, said January home sales declined for the sixth consecutive month, contributing to the largest year-over-year inventory increase in at least 10 years.
Economy, Inflation Pressure Hotel Sector
Slower economic expansion and inflation will likely pressure hotel margins and revenue per available room this year and next, reported S&P Global Ratings, New York.
Dealmaker: HFF, Cushman & Wakefield Secure $284M for Atlanta Office Park
Holliday Fenoglio Fowler, Houston, and Cushman & Wakefield, New York, arranged $284 million in financing for Piedmont Center 14 in Atlanta's Buckhead submarket.
MBA Technology Solutions Conference & Expo Mar. 24-27 in Dallas
The Mortgage Bankers Association's Technology Solutions Conference & Expo 2019 takes place Mar. 24-27 at the Hyatt Regency Dallas.
MBA Education School of Mortgage Banking I Apr. 9-12 in San Antonio
MBA Education presents its popular School of Mortgage Banking Course I April 9-12 in San Antonio.
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.