The Consumer Financial Protection Bureau yesterday issued an Advance Notice of Proposed Rulemaking on residential Property Assessed Clean Energy (PACE) financing.
The Lineup Hotseat: Trish Gregovich, Tournament Director, Ellie Mae Classic
HousingWire, Mar. 4, 2019
Housing Secretary Ben Carson Says He Intends to Leave After First Term
Washington Post, Mar. 4, 2019--Tracy Jan
Why Baby Boomer Homeownership is Growing Faster than Millennials
National Mortgage News, Mar. 4, 2019--Elina Tarkazikis, Austin Kilgore (subscription)
REITs Take On New Shine Amid Fed's Softened View on Rates
Wall Street Journal, March 4, 2019 --Jessica Menton (subsription)
American Mortgage Consultants Buys Third Party Title Search Firm
National Mortgage News, Mar. 4, 2019--Bonnie Sinnock (subscription)
Goldman Sachs Surpasses $1.25 Billion in Customer Relief in Massive Toxic Mortgage Bond Settlement
HousingWire, Mar. 4, 2019--Ben Lane
U.S. Construction Spending Falls, Fourth Quarter GDP Seen Revised Lower
Reuters, Mar. 4, 2019--Lucia Mutikani
Home Flipping Falls to 7-Year Low in 2018
ATTOM Data Solutions, Irvine, Calif., said home flipping activity fell in 2018 by nearly 4 percent from a year earlier to its lowest level since 2011.
Falling Rates Drive Jump in Loan Defect Risk
First American Financial Corp., Santa Ana, Calif., released its Loan Application Defect Index for January, showing frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased by 4.6 percent compared December, the fifth consecutive monthly increase.
Genworth: 2018 ‘Best Purchase Year for First-Time Homebuyers since 2006'
Genworth Mortgage Insurance, Richmond, Va., released its quarterly First-Time Homebuyer Market Report, showing 2.07 million first-time homebuyers purchased single-family homes in 2018, the most since 2006.
Altisource Portfolio Solutions S.A., Luxembourg, launched its bundled FHA product designed to provide customized asset management services for delinquent FHA loans.
Report Cites Obstacles To Multifamily Development
The most significant barrier new multifamily development faces is the rising cost of construction, reported Colliers International, Toronto.
Nuveen Real Estate launched its U.S. Cities Multifamily Fund, an open-end perpetual life real estate investment vehicle that will acquire and manage institutional-quality multifamily rental properties across the United States.
Dealmaker: Associated Bank Secures $31M
Associated Bank, Green Bay, Wis., secured $31.2 million for multifamily and retail assets in Chicago and Buffalo Grove, Ill.
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 Education School of Mortgage Banking III in D.C. June 11-14
MBA Education presents its School of Mortgage Banking Course III June 11-14 at MBA headquarters in Washington, D.C.