The Mortgage Bankers Association yesterday released a new paper, The Roadmap to CFPB 2.0, which details recommendations to ensure stability and consistent consumer protections in the Consumer Financial Protection Bureau's practices and consumer financial laws.
MBA Releases 'The Roadmap to CFPB 2.0'
National Mortgage Professional, Mar. 11, 2019--Phil Hall
DC's Housing Market Has a New Kind of Buyer, and It's Needed
WTOP, Mar. 11, 2019--Jeff Clabaugh
Takeaways from Trump Budget: CFPB Reform, FHA Fees and Student Loans
National Mortgage News, Mar. 11, 2019--Neil Haggerty, Kate Berry (free article)
Insurance Rates Seen Rising in Flood-Prone Areas With Trump Plan
Bloomberg, Mar. 12, 2019--Christopher Flavelle
CECL Spells Trouble for Small Banks, Consumers
American Banker, Mar. 11, 2019--Blaine Luetkemeyer (free article)
Wells Fargo's Sloan to Congress: 'We are Taking Responsibility'
National Mortgage News, Mar. 11, 2019--Hannah Lang (free article)
Homeownership is on the Rise Thanks to Young Buyers
The Mortgage Reports, Mar. 11, 2019--Aly J. Yale
Fannie Mae, Freddie Mac Begin Accepting Forward UMBS Trades
Fannie Mae and Freddie Mac yesterday announced they will begin accepting forward Uniform Mortgage-Backed Security trades with a trade date on or after March 12 and settlement dates on or after June 3.
CoreLogic: December Delinquency, Foreclosure Rates at 19-Year Low
CoreLogic, Irvine, Calif., said despite elevated delinquency rates in areas affected by hurricanes and wildfires, overall delinquency and foreclosure rates fell to levels not see since 2000.
Buyer Power Increasing in West Coast Markets
Limited inventory and rapid price appreciation have kept sellers firmly in the driver's seat for several years as the United States recovered from the housing market collapse. Now, says Zillow Inc., Seattle, buyers are gaining more negotiating power as the housing market slows, especially in some of the nation's hottest markets.
CMBS Delinquency Rate Falls Below 3%
The commercial mortgage-backed securities delinquency rate crossed another threshold in February, falling below 3 percent for the first time since May 2009, reported Trepp, New York.
CBRE, Los Angeles, acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support related to eminent domain proceedings in the Southeast.
Dealmaker: Dwight Capital Closes Four Loans Totaling $129M
Dwight Capital, New York, closed four two 223(f) loans totaling $128.9 million in Nevada, North Carolina, Indiana and Texas.
MBA National Advocacy Conference in D.C. Apr. 2-3
The Mortgage Bankers Association's annual National Advocacy Conference takes place Apr. 2-3 at the Capital Hilton in Washington, D.C.
MBA Legal Issues & Regulatory Compliance Conference in New Orleans May 5-8
The Mortgage Bankers Association's Legal Issues & Regulatory Compliance Conference takes place May 5-8 at the Hyatt Regency New Orleans.
MBA School of Mortgage Banking II in San Antonio Apr. 9-12
MBA Education presents its popular School of Mortgage Banking Course II Apr. 9-12 in San Antonio.