As the House this week prepares to vote on a HUD appropriations bill and the House Ways and Means Committee considers "tax extenders" legislation, the Mortgage Bankers Association sent letters supporting the measures.
Weekly Mortgage Applications Fall as Rates Rise...
CNBC, June 19, 2019--Diana Olick
Mortgage Refinancings Poised to Speed Up, Challenging Traders
Bloomberg, June 19, 2019--Christopher Maloney
Where GSE Reform Could Be Headed and What It Could Mean for Lenders
National Mortgage News, June 19, 2019--Bonnie Sinnock (subscription)
Anti-Trust Lawsuits Contesting Buyer Broker Compensation Rules Heat Up
HousingWire, June 19, 2019--Jessica Guerin
Studying the Gender Gap in Mortgage Knowledge
MReport, June 19, 2019--Mike Albanese
Fannie and Freddie's Latest Push: Factory-Built Homes
Wall Street Journal, June 19, 2019--Ben Eisen, Nicole Friedman (subscription)
Former CFPB Official Criticized or Blog Posts Joins Ginnie Mae
National Mortgage News, June 19, 2019--Kate Berry (subscription)
Exploring Racial Discrimination in Mortgage Lending: A Call for Greater Transparency
Clever.com, June 2019--Eylul Tekin
Federal Reserve Holds Rates Amid Economic Uncertainties
The Federal Open Market Committee wasn't expected to cut the federal funds rate at yesterday's meeting, and it didn't. But it indicated a wait-and-see approach to future actions.
Black Knight: Delinquency Rates Down 3rd Straight Month; Prepayments Double
Black Knight, Jacksonville, Fla., said mortgage delinquencies fell for the third straight month in May as prepayment activity doubled over the past four months.
Fannie Mae: Mortgage Lenders' Profit Margin Outlook Turns Positive on Surge in Consumer Demand
Fannie Mae, Washington, D.C., said the net profit margin outlook for mortgage lenders turned positive for the first time in nearly three years, due primarily to strong demand expectations for both purchase and refinance mortgages.
U.S. Hotel Forecast Downgraded
U.S. hotel sector growth is likely to slow this year and next, STR and Tourism Economics said.
Dealmaker: Washington Trust Provides $32M for Multifamily, Retail
Washington Trust, Westerly, R.I, provided $31.5 million in financing for a 14-property multifamily portfolio and a retail center in Connecticut.
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 I Courses
MBA Education presents its popular School of Mortgage Banking Course I this summer and fall.
MBA Education, California MBA Present Fundamentals of Residential Lending & the Secondary Market in San Francisco July 15
MBA Education and the California Mortgage Bankers Association present a special one-day workshop, Fundamentals of Residential Lending and the Secondary Market, on Monday, July 15 at the Westin St. Francis Hotel in San Francisco in conjunction with the California MBA Western Secondary Market Conference.