The Mortgage Bankers Association, in a letter to federal regulatory agencies, expressed support for proposed rule that would raise the appraisal threshold for residential real estate transactions and offered additional recommendations to ensure safety and soundness of lending.
Weekly Mortgage Applications Fall 2.5% Despite a Sharp Drop in Rates
CNBC, Feb. 6, 2019--Diana Olick
Large Breach of Mortgage Borrowers' Data Raises Concerns, Questions
Washington Post, Feb. 6, 2019--Kenneth R. Harney
House Committee to Examine Credit Bureau Reforms This Month
American Banker, Feb. 6, 2019--Neil Haggerty (subscription)
New Bill Seeks to Reinstate Dodd-Frank Loan Data Reporting
National Mortgage Professional, Feb. 6, 2019--Phil Hall
BB&T Corp to Buy SunTrust Banks in $66 Billion All-Stock Deal
Reuters, Feb. 7, 2019--Aparajita Saxena
Provident Financial Abandons Mortgage Banking
HousingWire, Feb. 6, 2019--Jacob Gaffney
PHH Mortgage Settles Suit Alleging Improper Foreclosures Against Military Personnel
Cherry Hill Courier Post (N.J.), Feb. 6, 2019--Jim Walsh
Genworth's Mortgage Insurance Income Rises on Lower Taxes, Losses
National Mortgage News, Feb. 6, 2019--Brad Finkelstein (subscription)
Fintech Must Complement, Not Dictate, the Millennial Mortgage Experience
National Mortgage News, Feb. 6, 2019--Erin Collard (free article)
January Mortgage Credit Availability Up 2.3%
Mortgage credit availability increased in January after hitting a nearly two-year low in December, the Mortgage Bankers Association reported this morning.
How Unconventional Leadership Produces Results
SAN FRANCISCO--In an era in which sports dynasties have all but disappeared (no offense, New England Patriots fans), it's hard to argue with the success of the NBA Golden State Warriors.
Equity-Rich Properties Reach New High in 2018
ATTOM Data Solutions, Irvine, Calif., reported more than 14.5 million equity-rich U.S. properties at the end of 2018, an increase of 834,000 from a year ago to the highest level since 2013 when it began tracking data.
'Uncharted Territory' for CRE
Real estate is widely known for its market cycles, but this is "a unique time" in the current cycle, which could be foundationally different from past cycles, a report said.
Dealmaker: Richmond, Va., Office Property Sells for $56M
The RMR Office Property Fund LP, Newton, Mass., acquired multi-tenant class A office building 9954 Mayland Drive in Richmond, Va. for $56 million.
MBA National Advocacy Conference in D.C. Apr. 2-3
The Mortgage Bankers Association's annual National Advocacy Conference takes place Apr. 2-3 at the Capital Hilton in Washington, D.C.
MBA Education Foundational Concepts in Residential Mortgage Servicing in Orlando Feb. 25
MBA Education presents a workshop, MBA Education Foundational Concepts in Residential Mortgage Servicing, in Orlando, Fla., on Feb. 25 in conjunction with the MBA National Mortgage Servicing Conference & Expo.
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.