The Consumer Financial Protection Bureau yesterday issued a rule that finalizes certain aspects of its May Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act.
Mortgage Rates Hold Steady But Could Be Primed to Move Lower
Washington Post, Oct. 10, 2019--Kathy Orton
Congress Sparks Veterans' Ire with Mortgage Fee Hike
Politico, Oct. 10, 2019--Katy O'Donnell
The Salary You Need to Buy a House in 10 of the Largest Cities in the U.S.
CNBC, Oct. 10, 2019--Alicia Adamczyk
How the Mortgage Market is Opening Up to Brokers
Greenwich Time, Oct. 10, 2019--Eric Weisbrot
Federal Reserve Gives Large Banks a Break on Postcrisis Rules
Wall Street Journal, Oct. 10, 2019--Andrew Ackerman (subscription)
Wells Fargo Beefs Up Mortgage Division to Cope with Higher Volumes
Reuters, Oct. 10, 2019--Imani Moise
Are Appraisal Waivers Good News or Bad News?
Long Beach Press-Telegram, Oct. 10, 2019--Jeff Lazerson
MBA's Lisa Haynes Honored as Association CFO of the Year by Association TRENDS
Lisa J. Haynes, Senior Vice President, Chief Financial Officer and Diversity and Inclusion Officer with the Mortgage Bankers Association, was presented with the Association CFO of the Year Award by Association TRENDS.
Ginnie Mae EVP Maren Kasper Announces Resignation
Acting Ginnie Mae President, Executive Vice President and Chief Operations Officer Maren Kasper said she is stepping down, effective Oct. 18, to pursue an opportunity in the private sector.
5 Trends Driving Mortgage Technology in 2020
No bigger piece of evidence for this exists than the fact that, in spite of the many mortgage platforms and software products lenders use every day, loan production costs are continuing to rise. It's a frustrating scenario, to say the least-especially at a time when origination volumes have flattened. But it's also a situation that is driving five significant trends in mortgage technology which, I believe, will start to yield significant results in the coming year.
Quicken: Home Values See Largest Monthly Increase in 5 Years
Quicken Loans, Detroit, said the average home appraisal came in 2.15% higher in September, from August, the largest monthly increase in more than five years.
Bigger WareHouses Not Always Better
A new sweet spot is emerging in the industrial and logistics real estate sector: warehouses smaller than 120,000 square feet, reported CBRE, Los Angeles.
Dealmaker: PCCP Provides $76M to Refinance Orlando Multifamily
PCCP LLC, Los Angeles, provided $76 million to refinance Paramount on Lake Eola in downtown Orlando, Fla.
Terry McAuliffe, Chris Christie, Margaret Brennan Keynote MBA Annual19 General Session
The Mortgage Bankers Association's Annual Convention & Expo, Oct. 27-30 in Austin, Texas, is coming up fast, with former Virginia Gov. Terry McAuliffe, former New Jersey Gov. Chris Christie and CBS News' Fact the Nation host Margaret Brennan keynoting the Politics Today General Session on Tuesday, Oct. 29.
Millennials in Mortgage: Round Table at MBA Annual Convention & Expo
mPact, the Mortgage Bankers Association s network for young professionals in the real estate finance industry, will hold a special Round Table at the MBA Annual Convention & Expo on Monday, Oct. 28 in Austin, Texas.
MBA Education Fundamentals and Best Practices in Mortgage Accounting in San Diego Nov. 19
MBA Education presents a half-day workshop, Fundamentals and Best Practices in Mortgage Accounting, at the Marriott Marquis San Diego Marina on Tuesday, Nov. 19 in conjunction with the MBA Accounting and Financial Management Conference.