CoreLogic, Irvine, Calif., said home prices rose by 3.6% annually in August, still somewhat slower than the hotter pace from a year ago.
Fannie, Freddie Will Retain $45B in Capital in First Step Toward Privatization
National Mortgage News, Sept. 30, 2019-Hannah Lang (subscription)
MBA Backs House Bill to Support Home Shortage and Affordability Hurdles
National Mortgage News, Sept. 30, 2019--Paul Centopani (subscription)
Mortgage Market Not Open to Risky Borrowers (Despite What Some Say)
HousingWire, Oct. 1, 2019--Kelsey Ramirez
NFIP Extended Into November
National Mortgage Professional, Sept. 30, 2019--Phil Hall
Treasury Plan Keeps GSE Status Quo. For Now.
GlobeSt.com, Sept. 30, 2019--Paul Fiorilla
Data Aggregators Push Back Against Notion They Have a Fraud Problem
American Banker, Sept. 30, 2019--Penny Crosman (subscription)
MBA Washington Report
In this week's Washington Report, MBA Associate Vice President of Legislative and Political Affairs Ernie Jolly discusses developments on Capitol Hill and in Washington, D.C.
First American: August Loan Defects Down by 4%
First American Financial Corp., Santa Ana, Calif., said its monthly Loan Application Defect Index fell by 3.9 percent in August from July and by 5.2 percent from a year ago.
ATTOM: Median-Priced Homes Remain Unaffordable in 74% of Housing Markets
ATTOM Data Solutions, Irvine, Calif., released its Q3 2019 U.S. Home Affordability Report, which shows that median home prices in the third quarter were not affordable for average wage earners in 371 of 498 U.S. counties analyzed in the report (74 percent).
Hotel Sector Faces Inflection Point
The U.S. hotel sector reported mostly positive results in its three main performance metrics during August, but some analysts say the sector faces an inflection point as its pipeline swells.
Dealmaker: Blackstone to Buy Colony Capital Logistics Assets for $5.9B
Blackstone affiliate Blackstone Real Estate Partners IX agreed to acquire Colony Industrial for $5.9 billion.
MBA Accounting & Financial Management Conference in San Diego Nov. 19-21
The Mortgage Bankers Association's Accounting & Financial Management Conference takes place Nov. 19-21 at the Marriott Marquis San Diego Marina.
MBA Education Webinars Now Free to MBA Members
Beginning October 1, all MBA member companies in good standing will have more MBA benefits to celebrate, including complimentary access to all online education webinars and webinar recordings.
Upcoming MBA Education School of Mortgage Banking I Courses
MBA Education presents its popular School of Mortgage Banking Course I.