Although the Terrorism Risk Insurance Act--which provides a valuable federal backstop to insurance claims involving terrorism acts--is not set to expire until December 2020, the Senate Banking Committee is bringing up its reauthorization well ahead of time, an action the Mortgage Bankers Association welcomes.
Weekly Mortgage Rates Fall Further, But Only Refinance Applications Rise
CNBC, June 26, 2019--Diana Olick
Real Estate Industry Applauds President Trump's New Housing Affordability Executive Order
World Property Journal, June 26, 2019--Michael Gerrity
Bill Eliminating VA Loan Cap Signed Into Law
HousingWire, June 26, 2019--Jessica Guerin
Cerberus Sold the First Post-Crisis Mortgage Bond Backed by Home Equity Lines
Bloomberg, June 26, 2019--Adam Tempkin
New Report Envisions Post-Conservatorship Housing Policy Landscape
National Mortgage Professional, June 26, 2019--Phil Hall
Do Lending Algorithms Discriminate? Congress Seek Answers
National Mortgage News, June 26, 2019--Neil Haggerty (subscription)
Trump Says Fed Should Have Draghi as Fed Chief Instead of Powell
American Banker, June 26, 2019 (subscription)
Manafort Set to be Arraigned on Mortgage Fraud Charges
Associated Press, June 27, 2019--Michael R. Sisak, Tom Hays
Joint Center: U.S. Housing Supply Falls 'Far Short' of Needs
The Harvard Joint Center for Housing Studies, Cambridge, Mass., released its 2019 State of the Nation's Housing report this week, noting while household formation in the U.S. has "finally" returned to a more normal pace, housing production has not.
Nationwide Economics: Outlook for U.S. Housing Market at 3-Year High
At least one economic forecast sees a more positive, sustainable trend for the U.S. housing sector for at least the next year.
Office Investment Back on Track After Challenging Early 2019
Real Capital Markets, Carlsbad, Calif., said office investment is "back on track," buoyed by significant sources of capital for deal-making following some political and economic uncertainty over the past year.
Dealmaker: M&T Realty Capital Corp. Provides $20M for Multifamily
M&T Realty Capital Corp., Baltimore, provided $20 million in acquisition financing for multifamily properties in Virginia and Missouri.
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.
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.
mPact: MBA's Network for Young Professionals
mPact is MBA's network for young professionals in the real estate finance industry. Join a community of your peers, share your experiences with others online, network with industry insiders, hone your skills or have a voice in the future of real estate finance.