Black Knight, Jacksonville, Fla., said recent 30-year fixed-rate mortgage loan interest rate increases has cut by more than half the number of American homeowners who could benefit from refinancing.
Third Quarter Homeownership Rate Edges Up
The Census Bureau yesterday reported the U.S. homeownership rate rose slightly in the third quarter, to 64.4 percent, from 64.3 percent in the second quarter and from 63.9 percent a year ago.
FHFA: Majority of GSE Credit Risk Shifts to Private Market
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac have transferred nearly $2.5 trillion of credit risk to the private market since 2013.
South Dominates REO Markets
By one measure, Huntsville, Ala., is the real estate-owned capital of the country.
CMBS Delinquency Rate Reverses Direction
The commercial mortgage-backed securities loan delinquency rate reversed its consistent improvement in October, moving one basis point higher to 3.42 percent, reported Trepp, New York.
MBA Accounting & Financial Management Conference in Orlando Nov. 12-14
The Mortgage Bankers Association's MBA Accounting & Financial Management Conference takes place in Orlando Nov. 12-14.
MBA National Mortgage Servicing Conference & Expo in Orlando Feb. 25-28
The Mortgage Bankers Association's National Mortgage Servicing Conference & Expo 2019 (Servicing19) returns to Orlando Feb. 25-28.
MBA Disaster Recovery Guide Available
The Mortgage Bankers Association has developed both English- and Spanish-language versions of Disaster Recovery: A Resource for Homeowners, a consumer-facing informational guide.
MBA Education Advanced Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
How Risk-Sharing Deals are Renewing the Fannie Mae, Freddie Mac Rivalry
National Mortgage News, Nov. 2, 2018--Bonnie Sinnock (subscription)
FHA Commissioner Brian Montgomery: More Changes Ahead for Reverse Mortgages
HousingWire, Oct. 30, 2018--Jessica Guerin
Zombie Foreclosures Fall with Housing Policy Support
National Mortgage News, Oct. 30, 2018--Elina Tarkazikis (subscrption)
Fannie Mae Reports Income of $4B in Third Quarter
HousingWire, Nov. 2, 2018--Alcynna Lloyd
Baby Boomers Are Living at Home. That's Bad News for Senior-Housing Developers
Wall Street Journal, Oct. 30, 2018--Esther Fung (subscription)
The Most Powerful Person in Mortgage Lending is About to be Replaced
HousingWire, Nov. 1, 2018--Jacob Gaffney
Reverse Mortgage Market Closes Out October with Positive Gains
HousingWire, Nov. 5, 2018--Jessica Guerin
Affordable Jumbos: 40-Year Fixed Rate, Easy, Qualifying, Interest-Only for 10 Years
Orange County Register, Nov. 1, 2018--Jeff Lazerson
Can CRA be Moderninzed and Still Serve Its Original Purpose?
American Banker, Nov. 1, 2018--Rachel Witkowski (subscription)
Goldman Sachs Chipping Away at $1.8B Mortgage Settlement Target
National Mortgage News, Nov. 2, 2018--Elina Tarkazikis
Mortgage-Bond Carnage Shows What the Future Holds Without Fed Help
Bloomberg, Nov. 2, 2018--Christopher Maloney
Private-Label RMBS on Track to Surge Again in 2019: Bank of America
National Mortgage News, Nov. 5, 2018--Bonnie Sinnock (subscription)
What's Keeping Chief Risk Officers Up at Night
American Banker, Nov. 2, 2018--Kristin Broughton (subscription)
New Toys 'R' Us Owners Mull Physical Stores
Crain's Chicago Business, Nov. 2, 2018