Fannie Mae and Freddie Mac last Thursday announced a delay to the Feb. 1, 2020 implementation date for the redesigned Uniform Residential Loan Application and automated underwriting system implementations.
CoreLogic: Delinquency Rates Steady at 20-Year Low
Ahead of the Mortgage Bankers Association's National Delinquency Report release this morning, CoreLogic, Irvine, Calif., reported the May serious delinquency rate tied with April as the lowest for any month in nearly 14 years.
ATTOM: Foreclosure Filings Down 18% in First Half of Year
ATTOM Data Solutions, Irvine, Calif., reported an 18% drop in U.S. foreclosure filings in the first six months of the year and an 82 percent decline from the peak of foreclosures.
CMBS Supply-Demand Fundamentals Stable; Freddie Mac Defeasance Jumps
Commercial property market supply and demand fundamentals slipped one point in the first quarter but remained stable, reported Moody's Investors Service, New York.
MBA Regulatory Compliance Conference 2019 in Washington Sept. 22-24
The Mortgage Bankers Association's annual Regulatory Compliance Conference takes place Sept. 22-24 at the Grand Hyatt in Washington, D.C.
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 Advanced Risk Management Concepts Workshop in Chicago Sept. 15
MBA Education presents a special edition of its Advanced Risk Management Concepts Workshop on Sunday, Sept. 15 in conjunction with the MBA Risk Management, Quality Assurance and Fraud Prevention Forum in 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.
What Prevents Non-QM Loans From Closing? The Devil is in the Details
National Mortgage News, Aug. 8, 2019--Bonnie Sinnock (subscription)
A Danish Bank is Offering Mortgage Rates with Negative Interest Rates--Why You Shouldn't Wish for that to Happen in the U.S.
MarketWatch, Aug. 12, 2019--Jacob Passy
CFPB Study Shows Alternative Credit Models Lead to More Loans, Cheaper Loans
HousingWIre, Aug. 8, 2019--Ben Lane
New Villain in Battle over CFPB Mortgage Rule: Appendix Q
American Banker, Aug. 12, 2019--Kate Berry (subscription)
Former Freddie CEO: Trump's Treasury Sees GSE Reform as 'Mostly Happened'
HousingWire, Aug. 7, 2019--Kathleen Howley
HUD Expands Section 220 Program to All Opportunity Zones
National Mortgage Professional, Aug. 9, 2019--Phil Hall
Ocwen: Profitability May Still Be a Year Away
National Mortgage News, Aug. 6, 2019--Bonnie Sinnock (subscription)
Moody's Predicts Rise in Lender Profits
HousingWire, Aug. 6, 2019--Jessica Guerin
Falling Yields Rock U.S. Mortgage Bond Market
Reuters, Aug. 7, 2019--Richard Leong
Could There Ever Be Negative Long-Term Mortgage Rates in the U.S.?
National Mortgage News, Aug. 7, 2019--Bonnie Sinnock (subscription)
Homeowners Rush to Refinance, Thanks to Falling Yields
Wall Street Journal, Aug 8, 2019--Matt Wirz, Christina Rexrode, Rachel Louise Ensign (subscription)
Mall Landlords Weigh Becoming Lenders to Blunt Retail Apocalypse
Bloomberg, Aug. 7, 2019--Laruen Coleman-Lochner, Eliza Ronalds-Hannon
Can the American Dream Mega-Mall Succeed in a Changing Retail World?
National Real Estate Investor, Aug. 8, 2019--Liz Wolf
Millennials Drive Mortgage Refinance Boom, and Lenders are Scrambling
CNBC, Aug. 9, 2019--Diana Olick