Redfin, Seattle, said luxury home sales fell by nearly 4 percent annually in the fourth quarter , the first year over year drop in more than two years.
Mortgage Rates Tumble to 10-Month Low
Washington Post, Feb. 7, 2019--Kathy Orton
Mortgage Credit Jumped in January as Lenders Adjusted to End of HARP
Mortgage Orb, Feb. 7, 2019--Patrick Barnard
BB&T-SunTrust: Three Big Questions
American Banker, Feb. 7, 2019--Paul Davis (subscription)
Congress Must Act in Wake of Massive Mortgage Data Breach
Orange County Register, Feb. 7, 2019--Jeff Lazerson
Wells Fargo Suffers Widespread Outage of Online, Mobile Banking
HousingWire, Feb. 7, 2019--Ben Lane
Fewer Consumers Say Home Prices, Mortgage Rates Will Grow in 2019
National Mortgage News, Feb. 7, 2019--Elina Tarkazikis (subscription)
Bankruptcy Judge Says He Will Approve Lampert Purchase of Sears
Wall Street Journal, Feb. 7, 2019--Lillian Rizzo (subscription)
Seniors Aging in Place Keep 1.6 Million Housing Units Off Market
Freddie Mac, McLean, Va., said seniors choosing to age in place is a significant contributing factor in the shortage of available homes for young adults buying their first homes.
Closing Disclosures Continue to Cause Mortgage QC Trouble in 2018
A study from MetaSource, Salt Lake City, said closing disclosures and other requirements imposed by the Consumer Financial Protection Bureau's late 2015 enhanced disclosure rules continue to pose quality control challenges.
CMBS Delinquency Rate Falls to Post-Crisis Low
The commercial mortgage-backed securities delinquency rate began the year the way it concluded 2018: by dropping again, reported Trepp, New York.
Dealmaker: Sumitomo Corp. Purchases SPS Tower in Downtown Minneapolis for $144M
Sumitomo Corp. of Americas, New York, purchased 31-story office building SPS Tower in Minneapolis' central business district for $144 million.
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 Compliance Essentials State Mortgage Servicing Rules Deep Dive Workshop Feb. 25
MBA Education and the Compliance Essentials program present State Mortgage Servicing Rules Deep Dive Workshop on Feb 25 at the Hyatt Regency Orlando in conjunction with the MBA National Mortgage Servicing Conference & Expo.
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).