Nearly 45 million Americans will reach the typical age for first-time home buyers in the next decade, 3.1 million more than in the 10 years prior, which could create problems for the starter home market, said Zillow Inc., Seattle.
Weekly Mortgage Applications Drop 4.3%, Despite Lower Interest Rates
CNBC, May 1, 2019--Diana Olick
Global Fintech Investment Doubled in 2018
HousingWire, May 1, 2019--Kelsey Ramirez
Fannie Mae and Freddie Mac Release Q1 Financial Results
MReport, May 1, 2019--Seth Wellborn
MERS Owner, Intercontinental Exchange, is Buying Simplifile for $335 Million
HousingWire, May 1, 2019--Jacob Gaffney
Thune Says Trump's Choice of Moore for Fed Board is 'in Trouble,' Expects Decision on Nomination This Week
Washington Post, May 1, 2019--Seung Min Kim
Fannie Mae's CECL Remedy May Include More Risk-Sharing
National Mortgage News, May 1, 2019--Bonnie Sinnock (subscription)
Ernie Jolly Joins MBA as Associate Vice President of Legislative Affairs
The Mortgage Bankers Association announced Ernie Jolly joined the Association as Associate Vice President of Legislative Affairs, responsible for advocating on behalf of MBA's legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the House of Representatives.
Fed Holds Firm on Interest Rates
To no surprise of most analysts, the Federal Open Market Committee took no action on the federal funds rate at the end of its policy meeting yesterday.
Rise in Refis Lowers Loan Defect Rate
First American Financial Corp., Santa Ana, Calif., said its Loan Application Defect Index held steady in March, driven in part by improving conditions for sellers and an uptick in mortgage refinancings.
CRE Price Growth Slows in March; Deal Volume Slips
Annual growth in U.S. commercial real estate property prices slowed in March to the most modest rate since 2011, reported Real Capital Analytics, New York.
Dealmaker: G.S. Wilcox & Co. Secures $212M for Multifamily, Industrial
G.S. Wilcox & Co., Morristown, N.J., secured $212 million for eight New Jersey apartment and industrial properties.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
MBA National Secondary Market Conference & Expo May 19-22
The Mortgage Bankers Association's National Secondary Market Conference & Expo returns to the New York Marriott Marquis May 19-22.
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.
MBA School of Mortgage Banking II May 14-17 in Chicago
MBA Education presents its popular School of Mortgage Banking Course II May 14-17 in Chicago.