With affordability playing an increasing role in the future of housing, the Mortgage Bankers Association joined more than a dozen industry and consumer trade groups this week in a letter to members of Congress in support of legislation that would promote federal investment in public transportation projects.
Optimism About U.S.-China Trade Discussions Sends Mortgage Rates Higher
Washington Post, Sept. 12, 2019--Kathy Orton
Mortgage Credit Availability Declines
National Mortgage Professional, Sept. 12, 2019--Phil Hall
Would a Democratic President Fire CFPB's Kraninger?
National Mortgage News, Sept. 12, 2019--Kate Berry (subscription)
Ben Carson Cleared of Misconduct in Ordering $31,000 Dining Room Set...
Washington Post, Sept. 12, 2019--Tracy Jan
Trump Administration Working to End Fannie/Freddie Profit Sweep in September
HousingWire, Sept. 12, 2019--Kelsey Ramirez
Mortgage Rates Have Jumped This Week--But Could They One Day Fall to Zero?
MarketWatch, Sept. 12, 2019--Jacob Passy
Need Cash? Companies Are Considering Magazine Subscriptions and Phone Bills When Making Loans
Wall Street Journal, Sept. 12, 2019--AnnaMaria Andriotis (subscription)
Economists Don't See Path to 3% Growth in 2019
Wall Street Journal, Sept. 12, 2019--Harriet Torry (subscription)
Deal Allows Risky Home Loans for 'Business Purposes'
Riverside Press-Enterprise (Calif.), Sept. 12, 2019--Jeff Lazerson
Mortgage X Podcast Features MBA COO Marcia Davies
The current episode of Mortgage X, a podcast featuring mortgage veterans and national speakers Christine Beckwith and Jason Frazier, features Mortgage Bankers Association COO Marcia Davies.
MBA Education Path to Diversity Scholar Profile: Alvin Shah
Alvin Shah is Managing Partner with First Option Mortgage, Atlanta.
As Demographics Shift, More U.S. Counties Become Majority Non-White
For years, the white share of the U.S. population has declined, as Hispanic, Asian and black populations grow; some demographers predict the U.S. could become a majority-minority nation by as early as 2050. But the shift to a more diverse nation is happening more quickly in some places than in others, according to the Pew Research Center.
Overseas Investors Turn Net Sellers of U.S. Real Estate
Real Capital Analytics, New York, reported overseas investors became net sellers of U.S. commercial real estate in first-half 2019 for the first time since 2012.
Dealmaker: NorthMarq Arranges $87M for Multifamily, Office
NorthMarq Capital, Minneapolis, secured $87.3 million to build an apartment property and refinance an office building.
Keith Urban Highlights Concert MBA at Annual 19
Keith Urban, 2018 Country Music Association and Academy of Country Music Entertainer of the Year and four-time Grammy Award winner, highlights Concert MBA at Annual19, the Mortgage Bankers Association's Annual Convention & Expo, Oct. 27-30 in Austin, Texas.
MBA Education Free Webinar: Mortgage Accounting II: Loan Level Accounting Sept. 18
MBA Education presents a free webinar, Mortgage Accounting II: Loan Level Accounting Register Now, on Wednesday, Sept. 18 from 2:00-3:30 p.m. ET.
MISMO Seeks Nominations for Standards Governance Committee Members
MISMO seeks nominations for qualified industry professionals to serve on MISMO's Standards Governance Committees for a two-year term beginning in January. Positions are available on both the Residential and Commercial Standards Governance Committees.
Apply Now for MBA Path to Diversity Scholarship Program
The Path to Diversity Scholarship Program recognizes existing industry professionals who are seeking to advance their careers through continuing education. Recipients receive a voucher to cover course registration fees, up to a maximum of $2,000, for popular MBA Education courses and designation programs.