Commercial and multifamily mortgage delinquencies remained low in the second quarter, according to the Mortgage Bankers Association's 2Q Commercial/Multifamily Delinquency Report.
Driving Diversity in the Workplace
MReport, Sept. 23, 2019--Mike Albanese
Opportunity Awaits Even in a Fluctuating Fix and Flip Market
Mortgage Professional America, Sept. 23, 2019--Ryan Rose
How Supreme Court Could Decide CFPB Constitutionality Question
National Mortgage News, Sept. 23, 2019--Kate Berry (subscription)
Fannie, Freddie Recapitalization Unlikely Before 2020 Election: KBW
National Mortgage News, Sept. 23, 2019--Brad Finkelstein (subscription)
Fed Policymakers Say Lower Rates are Helping
Reuters, Sept. 23, 2019--Howard Schneider, Ann Saphir
Mortgage Rates at 18%? That's What We Got the Last Time a President Strong-Armed the Fed
HousingWire, Sept. 23, 2019--Kathleen Howley
Repo-Market Tumult Raises Concerns About New Benchmark Rate
Wall Street Journal, Sept. 23, 2019--Daniel Kruger, Vipal Monga (subscription)
MISMO Issues Draft Consent Language to Comply with New Tax Law
MISMO®, the mortgage industry standards organization, issued draft language to help lenders and other parties comply with a new requirement included in the recently passed Taxpayer First Act.
ATTOM: Home Flipping Returns Drop to 8-Year Lows
ATTOM Data Solutions, Irvine, Calif., said home flipping in the second quarter increased by 12.4 percent from the first quarter but fell by 5.2 percent from a year ago.
Black Knight: August Foreclosure Starts at 18-Year Low
Black Knight, Jacksonville, Fla., said its First Look Mortgage Monitor for Augus found foreclosure starts hit an 18-year low, while borrowers took advantage of lower mortgage rates to increase their level of prepayments.
ARMCO QC Trends Report: Loan Quality Corrects with Market's Upturn
ACES Risk Management, Pompano Beach, Fla., released its quarterly Mortgage QC Trends Report, showing critical defect rates fell by 6% in the first quarter from the previous quarter.
August CMBS Special Servicing Rate Declines
Trepp, New York, reported the volume of commercial mortgage-backed securities loans and assets in special servicing declined again in August, falling three basis points to 3.22 percent.
Dealmaker: Bascom, Artemis Acquire Calif. Apartment for $35M
A joint venture between Bascom Group, Irvine, Calif., and investment manager Artemis Real Estate Partners, Chevy Chase, Md., acquired Phoenix Townhomes in Fresno, Calif., for $35 million.
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.
Upcoming MBA Education School of Mortgage Banking I Courses
MBA Education presents its popular School of Mortgage Banking Course I.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP).