For Millennials, "First comes love, then comes marriage" is being replaced by "first comes home, then comes marriage."
Weekly Mortgage Applications Drop 3.3%, as Spring Housing Season Draws to a Close
CNBC, May 29, 2019--Diana Olick
CFPB Settles with BSI Financial Services over Numerous Mortgage Servicing Issues
HousingWire, May 29, 2019--Ben Lane
Expect More Banks to Exit National Mortgage Lending
American Banker, May 29, 2019--Jon Prior (subscription)
US Bank Sues BofA for Mortgage-Related Breach of Contract
Charlotte Business Journal (N.C.), May 29, 2019--Caroline Hudson
New York Regulator to Investigate Exposure of Mortgage Documents
New York Times, May 29, 2019--Stacy Cowley
Asked to Resign, Florida's Top Banking Regulator Claims Corruption
American Banker, May 29, 2019--Kate Berry (subscription)
U.S. Banking Sector Reports $60.7 Billion in Profits for First Quarter of 2019
Reuters, May 29, 2019--Katanga Johnson
Blackstone Starts Selling Out of Home-Rental Empire
Wall Street Journal, May 29, 2019--Ryan Dezember (subscription)
FHFA to End Monthly Interest Rate Survey
National Mortgage Professional, May 29, 2019--Phil Hall
Newly Listed Homes Get 3.4 Times More Online Views Than Those With Price Drop
Redfin, Seattle, found homes get 3.4 times more online views the day they are listed than they do the day the seller drops the price.
Freedom Mortgage Corp., Mt. Laurel, N.J., and RoundPoint Mortgage Servicing Corp., Charlotte, N.C., announced a merger agreement in which RoundPoint will become a wholly owned subsidiary of Freedom Mortgage.
Industrial Assets Lead CRE Price Growth
U.S. commercial real estate prices rose 0.8 percent in April, led by industrial property price growth, reported Real Capital Analytics, New York.
Morningstar, New York, agreed to acquire fellow credit rating agency DBRS for $669 million. The firms expect the transaction to close early in the third quarter.
Dealmaker: NYL Real Estate Investors Lends $85M for Multifamily
New York Life Real Estate Investors originated $84.9 million on behalf of New York Life Insurance Co. for two Texas multifamily assets.
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.
Upcoming MBA Education School of Mortgage Banking III Courses
MBA Education presents its School of Mortgage Banking Course III June 11-14 at MBA headquarters in Washington, D.C.
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.