Housing starts rose by nearly 6 percent in April, as both single-family and multifamily units posted healthy gains, HUD and the Census Bureau reported yesterday.
Mortgage Rates Head Down for the Third Week in a Row
Washington Post, May 16, 2019--Kathy Orton
Treasury Official Hired to Fix Fannie and Freddie Is Leaving
New York Times, May 16, 2019--Emily Flitter
Mortgage Snafu Forces Pa. Bank to Disclose Material Weakness
American Banker, May 16, 2019--Ken McCarthy (subscription)
Boutique iBuyers Want to Sell Million-Dollar Homes With the Click of a Button
Wall Street Journal, May 16, 2019--Katherine Clarke (subscription)
Mortgage Originations Plunge, But Subprime Activity Sees Minimal Decline
National Mortgage News, May 16, 2019--Elina Tarkazikis (subscription)
Wells Fargo Moves Closer to Recouping Some Losses Tied to Scandal
American Banker, May 16, 2019--Kevin Wack (subscription)
'Absolutely Devastating' to Small Lenders: Lawmakers Lay into CECL
National Mortgage News, May 16, 2019--Neil Haggerty (subscription)
Open Mortgage Acquires South Dakota-Based Premier Home Mortgage
HousingWire, May 15, 2019--Jessica Guerin
MBA Renames State and Local Leadership Award for Ohio MBA Executive Director Marianne Collins
The Mortgage Bankers Association announced it renamed its award for state and local association leadership the Marianne Collins Award for Outstanding State and Local Leadership.
Home Values Fall for First Time in Seven Years
Zillow Inc., Seattle, said the median U.S. home value dropped from March to April, the first monthly decline since February 2012.
Quicken: Average Appraisal Values Make Largest Monthly Jump in 4 Years
Quicken Loans, Detroit, said average home appraisal values rose by nearly 2 percent from March to April, the largest monthly increase since 2015.
Woodwell: Is CRE 'Winter' Coming?
LOS ANGELES--Commercial real estate is enjoying good times, but to paraphrase Game of Thrones, is Winter coming? MBA Vice President of Commercial Real Estate Research Jamie Woodwell shared his outlook for the sector here at the MBA Commercial/Multifamily Servicing & Technology Conference.
Dealmaker: Newmark Realty Capital Secures $27M
Newmark Realty Capital, San Francisco, arranged $26.9 million for properties in three states.
MBA Annual19 Comes to Austin, Texas Oct. 27-30
The Mortgage Bankers Association's Annual Convention & Expo takes place Oct. 27-30 at the Austin Convention Center in Austin, Texas.
Call for Speakers: MBA Condominium Lending Workshop
The Mortgage Bankers Association's Condominium Workshop takes place July 18 in Washington, D.C. Speaking opportunities are available; deadline is May 17.