Mortgage credit availability, driven by jumbo lending, increased in April, the Mortgage Bankers Association reported this morning.
Weekly Mortgage Applications Rise 2.7% in a Strong Week for Homebuyers
CNBC, May 8, 2019--Diana Olick
Fannie Mae Backs 'Dreamers'
Mortgage Compliance, May 2019--James Brody
Fannie-Freddie May Be Freed Without Congress, Calabria Says
Bloomberg, May 8, 2019--Austin Weinstein
Freddie Mac Opens Up Certificate Exchange for Uniform MBS to Investors
National Mortgage News, May 8, 2019--Bonnie Sinnock (subscription)
Wells Fargo Creates Unit to Satisfy Regulatory Demands
American Banker, May 8, 2019--Kate Berry (subscription)
Mortgage Duration Drop Means Refinancing Concerns Are Back Again
Bloomberg, May 8, 2019--Christopher Maloney
Should the Housing Market Change its Approach for Millennial Housing Affordability?
HousingWire, May 8, 2019--Alcynna Lloyd
Bank 34 Abandoning Mortgage Lending
HousingWire, May 8, 2019--Ben Lane
Small Mortgages Are Getting Harder to Come By
Wall Street Journal, May 9, 2019--Ben Eisen (subscription)
FHA to Announce 'Important Changes' to Lender Requirements
The Federal Housing Administration has a media conference call scheduled this afternoon (May 9) for what it terms a "major announcement impacting lending requirements."
Seriously Underwater Properties Rise from Year Ago
ATTOM Data Solutions, Irvine, Calif., said more than 5.2 million U.S. properties remained seriously underwater at the end of the first quarter, up by more than 17,000 properties from a year ago.
Consumers Dial Back Optimism on Housing; Get Creative on Down Payments
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell in April, as consumers tempered their optimism about the housing market despite improved mortgage rate expectations.
Strong Demand, Tight Supply Change Industrial Outlook
As the industrial sector sizzles, developers have started re-purposing obsolete assets such as vacant big-box stores and old office buildings, said Avison Young Chair and CEO Mark Rose.
Dealmaker: Dockerty Romer Arranges $73M for Mixed-Use, Office Assets
Dockerty Romer & Co., Delray Beach, Fla., arranged $73.1 million in permanent mortgage financing for Florida mixed-use and office assets.
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 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.