Home purchasing activity among investors is on the rise, said CoreLogic, Irvine, Calif., with small investors picking up the slack.
Blend Announces $130 Million Capital Raise
HousingWire, June 24, 2019--Jessica Guerin
Mortgage Bond That Vanished During Financial Crisis Is Back
Wall Street Journal, June 24, 2019--Ben Eisen (subscription)
Warren Sounds Alarm on HUD Hiring of Embattled CFPB Official
National Mortgage News, June 24, 2019--Neil Haggerty (subscription)
Dozens of Nursing Homes With HUD-Backed Mortgages Have ‘Serious Deficiencies'
New York Times, June 25, 2019--Matthew Goldstein, Robert Gebeloff
Health of Housing Markets Report Offers Glowing Diagnosis
National Mortgage Professional, June 24, 2019--Phil Hall
State Regulators Expand Multistate Licensing Process for Fintechs
National Mortgage News, June 24, 2019--Rachel Witkowski (subscription)
Expert: Quick Closings Sound Great for Consumers, But are They Really?
HousingWire, June 24, 2019--Kelsey Ramirez
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.
Housing Affordability Showing Up in Unexpected Places
Housing affordability--this year's buzzphrase--is popping up in some of the more unlikely U.S. housing markets, said First American Financial Corp., Santa Ana, Calif.
Ginnie Mae, Washington, D.C., announced it removed the previously announced restriction limiting loanDepot to Ginnie Mae II custom pools for VA single-family guaranteed loans.
RCLCO: CRE Market Sentiment Slipping
CRE executives' market sentiment has decreased since last summer and is likely to continue to slip, said RCLCO, Washington, D.C.
Dealmaker: American Assets Trust Acquires San Diego Office Asset for $525M
American Assets Trust, San Diego, acquired the La Jolla Commons office asset in San Diego's University Town Center submarket for $525 million.
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.
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