ATTOM Data Solutions, Irvine, Calif., said median home prices in the second quarter of 2019 were not affordable for average wage earners in 74 percent of U.S. housing markets.
Mortgage Rates Sink to 31-Month Low...
Washington Post, June 27, 2019--Kathy Orton
How Much Mortgage Debt Does Your State Have? Two States Are Far and Away Above The Rest
USA Today, June 27, 2019--Grant Suneson
Mortgage Rates Lowest in 3 Years; Fannie, Freddie Lower Loan Requirements for Downpayment Program
Whittier Daily News (Calif.), June 27, 2019--Jeff Lazerson
FASB to Consider Delaying CECL Deadlines for Smaller Firms
American Banker, June 27, 2019--John Heltman, John Reosti (subscription)
Home Flipping's Shadowy Ties to Mortgage Fraud
Forbes, June 27, 2019--Francisco Alvarado
Why Some Mortgage Lenders are Searching for Ways to Make Small Loans
National Mortgage News, June 27, 2019--Bonnie Sinnock (subscription)
OCC: Borrowers Keep Getting Better at Paying Off Their Mortgages
HousingWire, June 27, 2019--Jessica Guerin
White House Considers Capital Gains Tax Break That Would Benefit Wealthy
Bloomberg, June 27, 2019--Saleha Mohsin
First Quarter GDP Left at 3.1%...
MarketWatch, June 27, 2019--Jeffry Bartash
CFPB Extends Comment Period for HMDA Proposed Rulemakings
The Consumer Financial Protection Bureau yesterday extended the comment period on its Advance Notice of Proposed Rulemaking relating to the Home Mortgage Disclosure Act.
May Pending Home Sales Up 1.1%
Pending home sales increased in May, the National Association of Realtors reported yesterday.
Black Knight Inc., Jacksonville, Fla., announced enhancements to its MSP servicing system in support of Freddie Mac's new Investor Reporting Change Initiative.
MBA 1Q Commercial/Multifamily DataBook Reports Uptick in Vacancy Rates, Asking Rents
Commercial property vacancy rates generally ticked up in the first quarter, but so did asking rents, the Mortgage Bankers Association's First Quarter 2019 Commercial/Multifamily DataBook reported today.
Dealmaker: Newmark Knight Frank Arranges $295M Construction Loan
Newmark Knight Frank, New York, arranged a $295 million construction loan for The Laurel in Center City Philadelphia.
mPowering You: MBA's Summit For Women in Real Estate Finance in Austin Oct. 26
mPowering You: MBA's Summit For Women in Real Estate Finance, takes place Saturday, Oct. 26 at the Austin Convention Center in Austin, Texas.
Upcoming MBA Education School of Mortgage Banking III Courses
MBA Education presents its School of Mortgage Banking Course III Aug. 13-16 at MBA headquarters in Washington, D.C.
MBA Expands Path to Diversity Scholarship Program Eligibility to Select Conferences
The Mortgage Bankers Association announced that scholarships awarded under its popular Path to Diversity (P2D) Scholarship Program can now also be used towards six upcoming MBA conferences where attendees can obtain Continuing Professional Education (CPE), Continuing Legal Education (CLE) or Society of Human Resource Management (SHRM) credits. The scholarships were previously only available for courses offered by MBA Education.