Sales of new single‐family houses rose by 7 percent in June, HUD and the Census Bureau reported yesterday.
Wall Street Ready To Close Deals As Mortgages Go Digital
Forbes, July 24, 2019--Yizhu Wang
Mortgage Demand Falls Again, Despite Lower Interest Rates
CNBC, July 24, 2019--Diana Olick
HUD Suspends Down Payment Assistance Rule Change 'Until Further Notice'
HousingWire, July 24, 2019--Jessica Guerin
Million-Dollar Neighborhoods Take a Hit from NYC to California
Bloomberg, July 24, 2019--Alexandre Tanzi
Trump's Fed Nominee Supports 50 BPS Rate Cut
National Mortgage Professional, July 24, 2019--Phil Hall
Socking Away 3 Months of Mortgage Payments Can Reduce Likelihood of Default When Income Drops
Washington Post, July 25, 2019--Michele Lerner
MBA, Fannie Mae Future Housing Leaders Program Partner to Promote Diversity and Inclusion in Housing, Mortgage Finance Industries
The Mortgage Bankers Association and Fannie Mae's Future Housing Leaders program announced a new partnership to promote diversity and inclusion in the housing finance industry.
First American: Homeownership Rate Remains 'Below Potential'
First American Financial Corp., Santa Ana, Calif., said shifting demographics in the wake of recovery from the Great Recession have kept the U.S. homeownership below its potential.
Ginnie Mae Solicits Feedback on Stress Testing Framework
Ginnie Mae this week published a Request for Input on the analytical framework it is developing to assess Issuer financial performance under a variety of economic environments.
Falling Rates Bolster 1Q Apartment Investment Outlook
The apartment investment outlook improved in the first quarter after showing deterioration in late 2018, Freddie Mac reported.
Dealmaker: Bellwether Enterprise Closes $137M
Bellwether Enterprise Real Estate Capital, Cleveland, closed $136.6 million in refinance and acquisition loans secured by apartment and retail space in southern California and Virginia.
Terry McAuliffe, Chris Christie, Margaret Brennan Keynote MBA Annual19 General Session
It's only summer, but the Mortgage Bankers Association's Annual Convention (Oct. 27-30 in Austin, Texas) is already heating up, with former Virginia Gov. Terry McAuliffe, former New Jersey Gov. Chris Christie and CBS News' Fact the Nation host Margaret Brennan keynoting the Politics Today General Session on Tuesday, Oct. 29.
Upcoming MBA School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II in several locations this summer and fall.
MBA Education/Compliance Essentials Managing the Risks of CFPB and State Examinations Sept. 15
MBA Education and Compliance Essentials present a workshop, Managing the Risks of CFPB and State Examinations, on Sunday, Sept. 15 at the Sheraton Grand Chicago, in conjunction with the MBA Risk Management, QA and Fraud Prevention Summit.