With the National Flood Insurance Program slated to expire yet again this Friday, the Mortgage Bankers Association and other industry trade groups pressed Congress to override objections from conservative legislators to move forward with legislation approving an extension through September.
Mortgage Rates Extend Decline, Sinking to 16-Month Low
Washington Post, May 3, 2019--Kathy Orton
Major Tech Issues on MBA's Radar
Mortgage Media, May 30, 2019
30-Year Mortgage Rates Drop Below 4% for First Time in 18 Months
Orange County Register, May 30, 2019--Jeff Lazerson
CFPB Commission Goes from Idea to Afterthought
American Banker, May 30, 2019--Neil Haggerty (subscription)
A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers
Bloomberg, May 30, 2019--Christopher Maloney
DOJ Demands to See CoreLogic's MLS Data in Antitrust Probe
HousingWire, May 30, 2019--Jessica Guerin
Regional Banks Grow Their CRE Footprints
Multi-Housing News, May 30, 2019--Jeffrey Steele
Half of Live Well Financial's Suddenly Fired Employees Land at Open Mortgage
HousingWire, May 30, 2019--Ben Lane
Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens
Wall Street Journal, May 30, 2019--Nick Timiraos (subscription)
Living and Lending Under One Roof
Wall Street Journal, May 30, 2019--Katy McLaughlin (subscription)
April Pending Home Sales Falter
Pending home sales declined in April after a slight gain in March, the National Association of Realtors reported yesterday.
GDP Holds Steady at 3.1%
The Bureau of Economic Analysis said its second (revised) estimate of first quarter gross domestic product showed economic growth moderating at 3.1 percent.
Gradual Slowdown Seen in Hotel Performance
The hotel sector faces declining occupancy in both 2020 and 2021 as supply increases faster than demand, said CBRE Hotels, Atlanta.
Dealmaker: Dekel Capital Arranges $41M Multifamily Bridge Loan
Dekel Capital, Los Angeles, arranged a $41 million value-added financing for Central Park West, a 199-unit multifamily property in Minneapolis submarket St. Louis Park, Minn.
MBA Human Resources Symposium Sept. 11-12
The Mortgage Bankers Association's annual Human Resources Symposium takes place Sept. 11-12 at the Hyatt Regency in Crystal City, Va.
MBA Education Advanced Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx.