According to Zillow.com, Seattle, the United States housing market has gained nearly $11 trillion since bottoming out in 2012; California's housing market got $3.7 trillion of it.
Mortgage Applications Plummet Nearly 10% to End 2018, Despite Lower Rates
CNBC, Jan. 3, 2019--Diana Olick
New Aircraft, Beers on Hold as Businesses Feel Shutdown Pain
Bloomberg, Jan. 4, 2019--Jennifer A Dlouhy, Ari Natter, Alan Levin
Mortgage Rates Continue Five-Week Slide, Plunging to Levels Not Seen in More than Four Months
Washington Post, Jan. 3, 2019--Kathy Orton
New CFPB Chief's Memo to Staff: Enforce Law, But Don't Presume Guilt
National Mortgage News, Jan. 3, 2019--Kate Berry (subscription)
Will New Mortgage Regulators in D.C. Keep Your Home Safe?
Orange County Register (Calif.), Jan. 3, 2019--Jeff Lazerson
Mr. Cooper Buys IBM Platform that Brought in $200 Million Last Year
Dallas News, Jan. 4, 2019--Paul O'Donnell
More First-Time Home Buyers Are Turning to the Bank of Mom and Dad
Wall Street Journal, Jan. 4, 2019--Ben Eisen (subscription)
Happy New Year! Mortgage Lenders Face Disappointing Outlook for 2019
HousingWire, Jan. 3, 2019--Jacob Gaffney
BofA: Home Equity Lending Will be Flat in 2019
HousingWire, Jan. 3, 2019--Jessica Guerin
By One Measure, Texas Tops Migration
There are many ways to measure migration trends; the U.S. Census Bureau is usually a good start, but its data are usually a few years behind and not a lot of fun. For U-Haul, Phoenix, a faster--and more fun measure--is truck rentals.
ADP: December Private Sector Employment Shows 271,000 Increase
Ahead of Friday's jobs report, ADP, Roseland, N.J., said employment appears to be undeterred by changing market conditions for now.
Demographics, Socioeconomics Driving Multifamily Housing Demand
Demographic and socioeconomic factors contributed to significant increases in demand for U.S. rental housing, reported Clarion Partners, New York.
Dealmaker: Meridian Capital Group Arranges $88M
Meridian Capital Group, New York, arranged $88.1 in financing for multifamily and mixed-use assets in Houston and New York.
MBA National Mortgage Servicing Conference & Expo in Orlando Feb. 25-28
The Mortgage Bankers Association's National Mortgage Servicing Conference & Expo 2019 (Servicing19) returns to Orlando Feb. 25-28.
Register for MBA Servicing Operations Study and Forum for Prime and Specialty Servicers; Deadline Jan. 15
The Mortgage Bankers Association has begun enrollment for its 2019 Servicing Operations Study and Forum (covering 2018 data). Sign-up deadline is Jan. 15, 2019.
MBA Education School of Mortgage Servicing Mar. 4-14
MBA Education presents its School of Mortgage Servicing instructor-guided online course Mar. 4-14.
MBA Education Generating Purchase Business through Consumer Direct Webinar Jan. 9
MBA Education presents a Webinar, Generating Purchase Business through Consumer Direct, on Wednesday, Jan. 9 from 2:00-3:30 p.m. ET.