The Federal Housing Administration yesterday proposed to overhaul its lender certification requirements, aimed at providing lenders and servicers greater certainty in how to satisfy the agency's compliance requirements.
Trade Tensions Push Mortgage Rates Lower For Second Week in a Row
Washington Post, May 9, 2019--Kathy Orton
Credit Standards Loosen as Mortgage Lenders Embrace Non-QM, Jumbo Loans
National Mortgage News, May 9, 2019--Elina Tarkazikis (subscription)
Can FHA's Promise of Softer Enforcement Get Lenders Back on Board?
National Mortgage News, May 9, 2019--Hannah Lang (subscription)
New Congressional Push on Credit Bureau Data Breaches
National Mortgage Professional, May 9, 2019--Phil Hall
Small Mortgages Are Getting Harder to Come By
Wall Street Journal, May 9, 2019--Ben Eisen (subscription)
Ocwen and FIS Agree to Settle Lawsuit Over Alleged Audit Abuses
National Mortgage News, May 9, 2019--Bonnie Sinnock (subscription)
As Hurricane, Fire Seasons Approach, More People Likely to Be in Harm's Way
Wall Street Journal, May 9, 2019--Erin Ailworth (subscription)
Key Housing Markets Still Seeing Bidding Wars
Redfin, Seattle, despite a noticeable nationwide decline in bidding wars for homes in April, pockets of the country, particularly on the West Coast, remain hot this spring.
22% of Millennials Still Live with Parents
More people age 23-37 are living with their parents than at any time this century, said Zillow Inc., Seattle. Nearly 22% of American millennials--more than 14 million in total--live with a parent or both parents, the highest share for this age group since at least 2000.
Multifamily Most Favored Property Type
Multifamily assets should offer the most favorable investment opportunity this year, followed by industrial properties, said Deloitte and Situs RERC.
Dealmaker: Berkadia Secures $80M for Multifamily
Berkadia, New York, secured $79.6 million for multifamily assets in Virginia and Florida.
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.
MAA Action Week May 13-17
The Mortgage Action Alliance, MBA's free grassroots lobbying network, will hold its fourth annual Action Week May 13-17.
MBA Education Webinar: Technology & CRE Finance--Where Are We & Where Are We Headed? May 29
Join MBA Education for an informative webinar, Technology & CRE Finance: Where Are We & Where Are We Headed?, on Wednesday, May 29 from 2:00-3:30 p.m. ET.