Mortgage applications increased from one week earlier as mortgage interest rates continued to hover at three-year lows, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 6.
Mortgage Bankers Predict Commercial, Multifamily Will Reach New Highs
National Mortgage News, Sept. 10, 2019--Bonnie Sinnock (subscription)
Mortgage Bankers Applaud Treasury's Plan for Housing Finance Reform
Financial Regulation News, Sept. 10, 2019--Dave Kovaleski
Officials Spar with Senators over Plan for Mortgage Giants
Associated Press, Sept. 10, 2019--Marcy Gordon
Path to a GSE Bill Still Fraught Despite Treasury Plan
National Mortgage News, Sept. 10, 2019--Hannah Lang (subscription)
Median U.S. Household Income Showed No Growth in 2018
Wall Street Journal, Sept. 10, 2019--Janet Adamy, Paul Overberg (subscription)
Average FICO Credit Score Hits New High--Which is Good News for Borrowers and the Economy
Washington Post, Sept. 10, 2019-Michelle Singletary
New Study Raises Concern on College Graduate DTI Levels
National Mortgage Professional, Sept. 10, 2019--Phil Hall
Fidelity National, Stewart Call of $1.2 Billion Merger after FTC Moved to Block Deal
HousingWire, Sept. 10, 2019--Ben Lane
Long Hotel Rally Losing Steam as Supply Swells, Business Travel Falls
Wall Street Journal, Sept. 10, 2019--Esther Fung (subscription)
Survey Says New Construction Shortage to Persist Until At Least 2022
New home construction shortages-the bane of current housing market-is likely to remain below historical averages until at least 2022, according to a survey of economists and real estate analysts conducted by Zillow Inc., Seattle, and Pulsenomics LLC, Boston.
CoreLogic Reports 11.4% Decrease in 2Q Mortgage Fraud Risk
CoreLogic, Irvine, Calif., released its quarterly Mortgage Fraud Report, showing an 11.4% year-over-year decrease in fraud risk at the end of the second quarter.
Fannie Mae: Housing Sentiment Inches Higher, Driven by Mortgage Rate Outlook
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index increased by 0.1 points in August to 93.8, a new survey high.
CMBS Delinquency Rate Reaches Another Post-Crisis Low
The commercial mortgage-backed securities delinquency rate fell again in August, setting another post-crisis low in the process, reported Trepp LLC, New York.
Private mortgage lender BridgeCore Capital, Beverly Hills, Calif., expanded its commercial loan program to include a complementary second mortgage/mezzanine loan product for borrowers seeking short-term bridge financing on commercial properties.
Dealmaker: Meridian Capital Group Arranges $60M
Meridian Capital Group, New York, arranged $59.5 million in financing for two New York mixed-use properties.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
MBA Education/Compliance Essentials Managing the Risks of CFPB and State Examinations Sept. 15
MBA Education and Compliance Essentials present a workshop, Managing the Risks of CFPB and State Examinations, on Sunday, Sept. 15 at the Sheraton Grand Chicago, in conjunction with the MBA Risk Management, QA and Fraud Prevention Summit.
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.