Independent mortgage banks have existed in the U.S. since the 1870s. In a new policy paper, the Mortgage Bankers Association examines the important role IMBs play in today's real estate finance market.
Mortgage Sector Boosted Thanks to Low Volatility and Dovish Fed
Bloomberg, Feb. 22, 2019--Christopher Maloney
Will Mortgage Prepayments Spring Back?
The M Report, Feb. 25, 2019
Federal Reserve Report Highlights ‘Resilient' Financial System
Wall Street Journal, Feb. 22, 2019--Paul Kiernan (subscription)
Bank Regulators Reject Request for Hearing on Appraisal Changes
National Mortgage News, Feb. 22, 2019--Hannah Lang (subscription)
Millennials Have Officially Entered the Housing Market
HousingWire, Feb. 22, 2019--Alcynna Lloyd
New Loan App Is Coming
UExpress, Feb. 22, 2019--Lew Sichelman
The Nation's Housing: Who Provides the More Accurate Home Valuation: Zillow or Redfin?
Richmond (Va.) Times-Dispatch, Feb. 22, 2019--Kenneth Harney
MBA Advocacy Update
On Wednesday, the Federal Open Market Committee released minutes from its two-day January meeting, explaining why it decided to be patient with monetary policy. It also offered more clarity on its plans for balance sheet normalization.
MBA Chart of the Week: Mortgage Delinquency Rate and Unemployment Rate
Last week, MBA Research released fourth quarter results of its National Delinquency Survey. In this week's chart, we show the relationship between the unemployment rate, supplied by the Bureau of Labor Statistics, and the mortgage delinquency rate for all loans over a 30-year period.
Black Knight Inc., Jacksonville, Fla., a provider of integrated software, data and analytics to the mortgage and real estate industries, entered a partnership with LERETA LLC, Covina, Calif., a provider of real estate tax and flood services for mortgage servicers, to enhance tax reporting services to Black Knight's MSP servicing system customers.
The Week Ahead
ORLANDO--MBA NewsLink comes to you this week from the Mortgage Bankers Association's National Mortgage Servicing Conference & Expo 2019.
CMBS Supply/Demand Fundamentals Stable; Defeasance Surges
Commercial property market supply and demand fundamentals remained relatively stable in third-quarter 2018, said Moody's Investors Service, New York.
Dealmaker: Walker & Dunlop Arranges $85M for Hotel, Multifamily Assets
Walker & Dunlop, Bethesda, Md., structured $85.3 million in financing for a Tucson, Ariz. hotel property and a Leesburg, Va. multifamily community.
MBA Commercial/Multifamily Servicing & Technology Conference in L.A. May 14-17
The Mortgage Bankers Association's annual Commercial/Multifamily Servicing & Technology Conference takes place May 14-17 at the J.W. Marriott L.A. Live in Los Angeles.
MBA School of Mortgage Banking II in D.C. Mar. 5-8
MBA Education presents its popular School of Mortgage Banking Course II Mar. 5-8 at MBA headquarters in Washington, D.C.
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).