Mortgage delinquencies rose in the second quarter as the economy showed signs of slowing, putting more homeowners at risk, the Mortgage Bankers Association reported last week.
MISMO Seeks Input on Consent Language for Tax Transcripts to Comply with Taxpayer First Act
MISMO®, the mortgage industry standards organization, seeks industry participants to collaborate on developing standardized language to gain consent for use of tax transcripts by stakeholders throughout the mortgage process.
FHA Issues New Condo Approval Rule
The Federal Housing Administration yesterday published a new final regulation aimed at relaxing requirements for condominium projects seeking approval for FHA eligibility.
HUD Proposes Revised ‘Disparate Impact' Rule
HUD on Friday published a proposed rule to amend the HUD interpretation of the Fair Housing Act's disparate impact standard.
ATTOM: Foreclosures Down by Half from 2016
ATTOM Data Solutions, Irvine, Calif., said properties in foreclosure in the second quarter fell by nearly in half from three years ago.
The Inverted Yield Curve's Effect on CRE
The recent yield curve inversion may raise concerns about a potential recession, but it is unlikely to harm commercial real estate investors.
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.
U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak
Wall Street Journal, Aug. 13, 2019--Harriet Torry (subscription)
U.S. Will Back More Condominium Loans Aimed at First-Time Buyers
Wall Street Journal, Aug. 14, 2019--Laura Kusisto (subscription)
HUD Plan to Alter Anti-Discrimination Rule Called 'Deepy Cynical'
American Banker, Aug. 16, 2019--Kate Berry (subscription)
HUD Proposal Raises Bar on Housing Discrimination Complaints
Wall Street Journal, Aug. 19, 2019--Lalita Clozel (subscription)
Lender Risk from CFPB Underwriting Rule Tested in Ohio Case
National Mortgage News, Aug. 15, 2019--Kate Berry (subscription)
Reform Plan Shouldn't Lead to Ratings Cut in the Near Term: Fitch
National Mortgage News, Aug. 13, 2019--Brad Finkelstein (subscription)
Removal of URLA Language-Preference Question Sparks Controversy
Scotsman Guide, Aug. 14, 2019--Arnie Aurellano
Department Stores See Worst Drop Since Macy's Last Cut Its Outlook
Bloomberg, Aug. 14, 2019--Janet Freund
FHA's Distressed Asset Stabilization Program Should Be Improved, Not Abandoned
Urban Institute, Aug. 14, 2019--Laurie Goodman, Edward Golding, Jim Parrott
Bankers Welcome Rush of Refis, But It's No Cure-All
American Banker, Aug. 15, 2019--Andy Peters (subscription)
American Mortgage Service Co. and Eustis Mortgage Plan to Merge
HousingWire, Aug. 16, 2019--Ben Lane
Will Blockchain Revolutionize Mortgage Lending?
Forbes, Aug. 19, 2019--Breana Patel