ORLANDO--Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said the mortgage servicing industry needs clear and definable standards to improve customer service and reduce costs.
MBA Servicing: What Does the Future of Mortgage Servicing Look Like?
HousingWire, Feb. 26, 2019--Sarah Wheeler
Overuse of GSE Tools in the Private-Label Market Adds Risk: Moody's
National Mortgage News, Feb. 26, 2019--Brad Finkelstein (subscription)
Nearly Half of Homebuyers Paying Above Asking Price
National Mortgage Professional, Feb. 26, 2019--Phil Hall
Zillow as Mortgage Lender: Real Estate Giant Going 'Further Down the Funnel' of Buying a House
GeekWire, Feb. 26, 2019--Nat Levy
Altisource Takes Losses as it Realigns Its Business, Reduces Ocwen Ties
National Mortgage News, Feb. 26, 2019--Bonnie Sinnock (subscription)
Accountant Pleads Guilty for Role in Mortgage Fraud Scheme
Associated Press, Feb. 26, 2019
Mortgage Applications Up Again in MBA Weekly Survey
Mortgage applications increased for the second week in a row as key interest rates held steady, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending February 22.
Senate Panel Advances Calabria Nomination to Head FHFA
On strict party lines, the Senate Banking Committee yesterday approved the Trump Administration's nomination of Mark Calabria as director of the Federal Housing Finance Agency.
Housing Starts End 2018 on Sour Note
Housing starts finished 2018 on a disappointing note, falling by more than 11 percent from November improving slightly by 2017, HUD and the Census Bureau reported yesterday.
S&P: Home Price Annual Gains Slow to End 2018
The S&P CoreLogic Case-Shiller U.S. National Home Price Index reported a 4.7 percent annual gain to end 2018, down from November and a year ago.
CRE Loans 'Attractive Investment' for Insurers
The U.S. life/annuity industry's exposure to commercial real estate mortgages is growing because loans provide better returns than bonds, reported credit rating agency AM Best, Oldwick, N.J.
Dealmaker: MetroGroup Realty Finance Provides $16M for Retail, Industrial
MetroGroup Realty Finance, Newport Beach, Calif., provided $15.7 million in financing for retail and industrial assets in California and Nevada.
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 Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
MBA Disaster Recovery Guide Now Available in Spanish
The Mortgage Bankers Association and the National Association of Hispanic Real Estate Professionals have developed a Spanish-language version of Disaster Recovery: A Resource for Homeowners, a consumer-facing informational guide.