CHICAGO--The real estate finance industry faces a daunting challenge to balance risk in a rapidly changing market. Here at the Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum, MBA President & CEO Robert Broeksmit, CMB, addressed these challenges and how MBA is helping its members meet them.
Bill for Transit-Oriented Affordable Housing Gets Support from MBA
National Mortgage News, Sept. 16, 2019--Paul Centopani (subscription)
Digital Mortgage Lender Seeks to Hire 1,000 in Charlotte Over Next Five Years
Charlotte Business Journal, Sept. 16, 2019--Ashley Fahey, Caroline Hudson
Average FICO Score Stands at Record High
HousingWire, Sept. 16, 2019--Kathleen Howley
Average U.S. Rent Climbs to $1,472 in August
HousingWire, Aug. 16, 2019--Alcynna Lloyd
Why Fintech Rollouts are Magnets for Fraud
American Banker, Sept. 16, 2019--Penny Crosman (subscription)
Opportunity Zones Catch the Eye of CRE Investors
Commercial Observer, Sept. 16, 2019
MBA Letters Address QM Patch, Ginnie Mae Stress Tests
The Mortgage Bankers Association, in several letters yesterday, offered recommendations to the Consumer Financial Protection Bureau on the soon-to-expire Qualified Mortgage "Patch" and to Ginnie Mae on its proposed stress testing framework.
MBA: August New Home Purchase Applications Up 0.2% from July; Up 33% from Year Ago
The Mortgage Bankers Association's Builder Application Survey data for August shows mortgage applications for new home purchases increased by 0.2 percent from July but by 33 percent from a year ago.
MISMO Seeks Input on New Business Glossary
MISMO®, the mortgage industry standards organization, is seeking industry feedback during a 60-day public comment period on its new Business Glossary, an online educational resource of industry business terms and data point descriptions, created for mortgage professionals.
MBA Survey: Life Insurance Cos. Could Fund Additional $10B in Multifamily Lending in 2020
Life insurance companies could increase their multifamily lending volumes by $10 billion in 2020 from 2018 volumes, the Mortgage Bankers Association reported.
Blackstone, New York, closed its latest global real estate fund, Blackstone Real Estate Partners IX, at $20.5 billion of total capital commitments, making it the largest current real estate fund.
Dealmaker: Newmark Realty Capital Secures $47M
Newmark Realty Capital, San Francisco, secured $47 million for Idaho, California and Texas assets.
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.
Upcoming MBA School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II.
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.