What began as a simple query at the 2018 Mortgage Bankers Association Independent Mortgage Bankers Conference turned into a cooperative effort among state and local MBAs in eight Midwestern states that resulted in changes to a Missouri program making it easier for first-time home buyers to obtain mortgage financing.
Mortgage Rates Sink to Lowest Levels in More than a Year
Washington Post, Mar. 14, 2019--Kathy Orton
Multifamily and CRE Loan Debt Sees Largest Rise Since Housing Bubble
National Mortgage News, Mar. 14, 2019--Paul Centopani (free article)
Mortgage Applications for New Home Purchases Jumped 6% in February
Mortgage Orb, Mar. 14, 2019--Patrick Barnard
For Homebuilders, 'the Next Few Months are Big'
CNBC, Mar. 14, 2019--Diana Olick
FHA Eases Home Warranty Requirement for Low Down Payment Loans
National Mortgage News, Mar. 14, 2019--Bonnie Sinnock (subscription)
Am I Accidentally Committing Mortgage Fraud?
The Mortgage Reports, Mar. 14, 2019--Peter Miller
Lenders Continue to Lower FICO Requirements for New Homebuyers
HousingWire, Mar. 14, 2019--Jacob Gaffney
Acquisition Provides Mortgage Lender Entree into Digital Banking
American Banker, Mar. 14, 2019--Will Hernandez (subscription)
Client Gets New Mortgage After Failing to Pay 2nd for Eight Years
Orange County Register, Mar. 14, 2019--Jeff Lazerson
New Home Sales Soft to Begin Year
Slowly catching up after the 35-day government shutdown, HUD and the Census Bureau reported sales of new single‐family houses in January fell by nearly 7 percent from December.
Redfin: February Home Prices Post Smallest YOY Gain Since 2012
Redfin, Seattle, said home prices appreciated by just 0.6 percent annually in February, the smallest year over year gain since 2012.
Wipro Gallagher Solutions, Franklin, Tenn., released the latest version of its Loan Origination System, NetOxygen v6.0.
C&W Predicts Continued CRE Strength, Liquidity
Three themes anchor the U.S. commercial real estate investment outlook: U.S. economic performance, cycle maturity and the monetary policy outlook, said Cushman & Wakefield, New York.
Dealmaker: Passco Cos. Acquires Kentucky Apartments for $64M
Passco Cos., Irvine, Calif., acquired The Henry at Fritz Farm apartment community in growing Lexington, Ky., for $62.4 million from the Dobbins Group of Birmingham, Ala.
MBA Technology Solutions Conference & Expo Mar. 24-27 in Dallas
The Mortgage Bankers Association's Technology Solutions Conference & Expo 2019 takes place Mar. 24-27 at the Hyatt Regency Dallas.
Make the Most of Your MBA Membership: Special Focus on Loan Servicing Webinar Mar. 22
The Mortgage Bankers Association invites you to participate in a Mar. 22 webinar focused on loan servicing.
MBA School of Mortgage Banking II May 14-17 in Chicago
MBA Education presents its popular School of Mortgage Banking Course II May 14-17 in Chicago.