The Trump Administration yesterday released its long-awaited plan on reforming government-sponsored enterprises, offering nearly 50 recommended legislative and regulatory reforms aimed at limiting the federal government's role in the secondary mortgage market.
Mortgage Rates Sink to New 3-Year Lows on Weak Manufacturing Data
Washington Post, Sept. 5, 2019--Kathy Orton
Home Equity Borrowing Down Dramatically Since Housing Crash
Orange County Register, Sept. 5, 2019--Jeff Lazerson
Cheat Sheet: Trump Administration's Road Map for GSE Overhaul
National Mortgage News, Sept. 5, 2019--Hannah Lang (free article)
Trade Uncertainty Likely to Cut U.S. Growth by More Than 1%, Fed Research Says
Wall Street Journal, Sept. 5, 2019--Nick Timiraos (subscription)
Emotional Benefits of Homeownership Outweight Financial Gains: BofA
National Mortgage News, Sept. 5, 2019--Brad Finkelstein (subscription)
Paul Manafort Seeks Dismissal of New York State Mortgage-Fraud Case
Bloomberg, Sept. 5, 2019--Christian Berthelsen
Bank Industry Earnings Set Yet Another Record in 2Q: FDIC
American Banker, Sept. 5, 2019--Brendan Pedersen (subscription)
The Problem In The Disparity In Access To Multifamily Capital
Forbes, Sept. 5, 2019--Blake Janover
Dorian Marks Start of ‘Seasonal Risk' for Mortgage-Backed Securities Risk
Slow-moving, powerful Hurricane Dorian has dominated the news for nearly two weeks; now, as it moves off the East Coast and into history, analysts have begun to assess its impact.
Redfin: Bidding Wars Fall to 8-Year Low
Redfin, Seattle, said just 10.4 percent of offers written by its agents on behalf of their home buying customers saw a bidding war in August, down from more than 42 percent a year earlier, to the lowest on record since 2011.
Predicting Retail's Future
The changing retail landscape will create new winners and losers, and retailers and landlords who understand consumer expectations will be more successful, said JLL, Chicago.
Dealmaker: Park Hotels & Resorts Secures $950M for Proposed Chesapeake Acquisition
Park Hotels & Resorts Inc., Tysons, Va., secured a $950 million unsecured delayed-draw term loan to finance its proposed acquisition of Chesapeake Lodging Trust.
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.
Upcoming MBA Education School of Mortgage Banking III Courses
MBA Education presents its School of Mortgage Banking Course III, with sessions scheduled for this fall and winter.
MBA Education Foundational Elements of Mortgage Servicing Rights Workshop in San Diego Nov. 19
MBA Education presents Foundational Elements of Mortgage Servicing Rights Workshop, at the Marriott Marquis San Diego Marina on Tuesday, Nov. 19 in conjunction with the MBA Accounting and Financial Management Conference.