The Mortgage Bankers Association reported the delinquency rate for mortgage loans on one-to-four-unit residential properties fell in the fourth quarter to their lowest level since 2000, while foreclosure rates ticked up slightly.
Anatomy of a Victory: Behind MBA’s Work on IRS Pass-Through Deduction
On January 18, the Treasury Department and the Internal Revenue Service issued final regulations providing guidance on the section 199A pass-through deduction included in the Tax Cuts and Jobs Act. The final regulations provide clarity on certain matters of importance to the Mortgage Bankers Association and its members.
MBA Offers Recommendations to VA on Loan ‘Churning'
The Mortgage Bankers Association, in a Feb. 15 letter to the Veterans Administration, offered recommendations intended to strengthen an interim rule aimed at deterring loan "churning" against servicemembers and addressing serious implementation issues and operational challenges MBA believes VA needs to address surrounding new borrower disclosures.
CoreLogic: Delinquency, Foreclosure Rates Lowest for November Since 2000
CoreLogic, Irvine, Calif., said 4.1 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in November, down by 1.1 percentage point from a year ago, when it was 5.2 percent.
Remodeling Outlook Wavers as Challenges Mount
Growth in remodeling is fine, for now. But annual growth in the national market for home improvement and repair is expected to slow considerably by the end of the year, according to the Leading Indicator of Remodeling Activity from the Joint Center for housing Studies of Harvard University.
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 Education School of Mortgage Servicing Mar. 4-14
MBA Education presents its School of Mortgage Servicing instructor-guided online course Mar. 4-14.
MBA Education Compliance Essentials State Mortgage Servicing Rules Deep Dive Workshop Feb. 25
MBA Education and the Compliance Essentials program present State Mortgage Servicing Rules Deep Dive Workshop on Feb 25 at the Hyatt Regency Orlando in conjunction with the MBA National Mortgage Servicing Conference & Expo.
MBA Education Foundational Concepts in Residential Mortgage Servicing in Orlando Feb. 25
MBA Education presents a workshop, MBA Education Foundational Concepts in Residential Mortgage Servicing, in Orlando, Fla., on Feb. 25 in conjunction with the MBA National Mortgage Servicing Conference & Expo.
MBA Education Advanced Servicing Workshop in Orlando Feb. 25
MBA Education presents its Advanced Servicing One-Day Workshop on Monday, Feb. 25 at the MBA National Mortgage Servicing Conference & Expo in Orlando, Fla.
U.S. Mortgage Delinquencies Hit 18-Year Low in Q4 2018--MBA
Reuters, Feb. 15, 2019
Debt Funds Have Banks Struggling to Keep Pace, Fretful Lenders Declare
Commercial Observer, Feb. 12, 2019--Matt Grossman
Debt Funds' Rising Influence Evident at MBA CREF
Commercial Property Executive, Feb. 12, 2019--Therese Fitzgerald
State AGs Assail CFPB Plan to Build Fintech Sandbox
American Banker, Feb. 12, 2019--Kate Berry (subscription)
Mel Watt Attempted to 'Coerce' Relationship While FHFA Director, IG Report Says
Washington Post, Feb. 15, 2019--Renae Merle
Reform of Fannie, Freddie Should Fall to Congress: FHFA Nominee
National Mortgage News, Feb. 14, 2019--Hannah Long (subscription)
House Lawmaker Warns of CECL's Impact on Fannie, Freddie
National Mortgage News, Feb. 14, 2019--Neil Haggerty (subscription)
Fannie Mae Reports Net Income of $16B in 2018
HousingWire, Feb. 14, 2019--Alcynna Lloyd
Freddie Mac Reports Net Income of $8.6 Billion in 2018
HousingWire, Feb. 14, 2019--Kelsey Ramirez
Amazon's Pivot Raises Scrutiny of Incentive Deals
Wall Street Journal, Feb. 15, 2019--Valerie Bauerlein, Kate King, Cameron McWhirter (subscription)
Echoes of the Subprime Era in Energy Efficiency Lending
Los Angeles Times, Feb. 17, 2019--Andrew Khouri
Why PACE Has Become a 'Second-Look' Product in California
National Mortgage News, Feb. 15, 2019--Allison Bisbey (subscripition)