The Federal Housing Finance Agency yesterday reported Fannie Mae and Freddie Mac completed 41,062 foreclosure prevention actions in the fourth quarter, bringing the total number of foreclosure prevention actions to 4.283 million since September 2008.
Jumbo Mortgage Slowdown Sparks Fear of New Housing Crisis
Fox Business, Mar. 21, 2019
MBA's Thomas Kim: Venture Capital, Startups and Commercial Real Estate: Innovation Potential in a Bespoke Industry
Corporate Real Estate Journal
Homebuyers to Get Springtime Bost from Lower-than-Expected Mortgage Rates
USA Today, Mar. 22, 2019--Janna Herron
Mortgage Rates are in a Free Fall with No End in Sight
Washington Post, Mar. 21, 2019--Kathy Orton
Real Estate, Bank Lobbies Get Tax Victory From White House Review
Bloomberg Tax, Mar. 21, 2019
5 Questions for Freddie Mac's Next CEO
National Mortgage News, Mar. 21, 2019--Hannah Lang (subscription)
Markets are Reeling after 'Bizarre' Fed Surprise
Business Insider, Mar. 21, 2019--Theron Mohamed
Kroll Says Some Banks are Rethinking Viability of Mortgage Lending Business
HousingWire, Mar. 21, 2019--Jessica Guerin
Survey: Half of Buyers Looking for Homes Under $200K
National Mortgage Professional, Mar. 21, 2019--Phil Hall
Are Agents Getting Kickbacks for Mortgage, Escrow Referrals?
Orange County Register, Mar. 21, 2019--Jeff Lazerson
Florida, Las Vegas Best Markets for First-Time Home Buyers
Last week, we shared a report from Bankrate.com, showing, showing six of the 10 worst metros for first-time home buyers are in California, with San Francisco topping--or rather, bottoming--the list. Now, Zillow Inc., Seattle, has weighed in with its own list, showing what it believes are the best markets for first-time home buyers. It found three of the best six markets are in Florida, with Tampa topping the list for the second consecutive year.
Ellie Mae: Closing Times Decrease as Purchases Tick Up
Ellie Mae, Pleasanton, Calif., said as mortgage rates continued to fall in February, time to close loans fell across all loan types by more than two days.
Wells Fargo Securities: Labor Costs Likely to Keep Increasing
There is no relief in sight for the serious shortage of skilled construction workers for commercial real estate projects, said Wells Fargo Securities, Charlotte, N.C.
Dealmaker: George Smith Partners Arranges $30M
George Smith Partners, Los Angeles, arranged $30.4 million in bridge financing for office and retail assets in two states.
MBA Education School of Mortgage Banking I in Chicago May 14-17
MBA Education presents its popular School of Mortgage Banking Course I May 14-17 in Chicago.
Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx.
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.