Mortgage applications rose for the fourth time in five weeks, buoyed by FHA loan activity and a slight decrease in key interest rates, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 8.
Wells Fargo CEO Avoids Major Stumble at Heated Congressional Hearing
Reuters, Mar. 12, 2019--Imani Moise, Pete Schroeder
SIFMA Approves Changes to Allow Forward Delivery of Loans for UMBS
National Mortgage News, Mar. 12, 2019--Brad Finkelstein (subscription)
Class Action Lawsuit Takes Aim at Buyer Broker Compensation Rules
HousingWire, Mar. 12, 2019--Jessica Guerin
Fed Chairman: Revisions to Community Reinvestment Act Implementation Must ‘Strengthen' Law's Mission
Wall Street Journal, Mar. 11, 2019--Nick Timiraos (subscription)
Study Details Millennials' Unhealthy Credit Habits
National Mortgage Professional, Mar. 12, 2019--Phil Hall
Bill Would Cut Oregon Mortgage Interest Deduction for Second Homes, High Earners
The Oregoninan, Mar. 12, 2019--Elliot Njus
Ellie Mae: Consumers Want High Tech, High Touch
Ellie Mae, Pleasanton, Calif., released its 2019 Borrower Insights Survey, finding borrowers are looking to engage with their lenders online, but are demanding more communication throughout the loan origination process.
Altisource Portfolio Solutions S.A., Luxembourg, launched its bundled FHA product designed to provide customized asset management services for delinquent FHA loans.
Office Sector Growth Spreads
Office sector growth is spreading to secondary and tertiary metros as the cycle matures, reported Institutional Property Advisors, Calabasas, Calif.
Dealmaker: Cushman & Wakefield Closes $158M in Multifamily, Industrial
Cushman & Wakefield, New York, closed multifamily and industrial transactions totaling $158.2 million.
MBA State & Local Workshop Apr. 1-2
The Mortgage Bankers Association's popular annual State & Local Workshop takes place Apr. 1-2 at the Capital Hilton in Washington, D.C.
MISMO Spring Summit June 3-7 in Milwaukee; Registration Now Open
Registration is now open for the MISMO Spring Summit, taking place June 3-7 at the Pfister Hotel in Milwaukee.
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.