Senate Banking Committee Chairman Mike Crapo, R-Idaho, on Friday released a much-anticipated framework for housing finance reform legislation, pushing the issue into the mix for the 116th Congress.
IMBs: The Very Definition of 'Skin in the Game'
SAN FRANCISCO--Independent mortgage banks represent more than three-fourths of Mortgage Bankers Association membership, a fact that MBA 2015 Chairman Bill Cosgrove, CMB, CEO of Union Home Mortgage Corp., Strongsville, Ohio, said is not lost on the association.
MBA Offers Recommendation to FHFA on Federal Home Loan Banks Proposed Rule
The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said it supported the agency's proposed rule to amend existing Federal Home Loan Bank housing goals but urged agency to monitor the rule's impact on the FHLB Acquired Member Assets programs.
GSEs Push for Greater Efficiencies in Mortgage Process
SAN FRANCISCO--These are not quiet times for Fannie Mae and Freddie Mac.
ATTOM: Average U.S. Home Seller Profits Hit 12-Year High
ATTOM Data Solutions, Irvine, Calif., said home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006.
Loan Defects Rise for 4th Straight Month
First American Financial Corp., Santa Ana, Calif., said its Loan Application Defect Index rose in December, the fourth consecutive monthly increase, but remains below historical levels.
Black Knight: Foreclosure Rate, Inventory End 2018 Below Pre-Recession Averages
Black Knight, Jacksonville, Fla., said all four major performance metrics in its Mortgage Monitor Report--delinquencies, serious delinquencies, active foreclosures and total non-current inventory--ended the year below 2000-2005 pre-recession averages for the first time since the financial crisis.
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.
Republicans Want Mortgage Giants Fannie Mae and Freddie Mac to be Private Companies Again
Washington Post, Feb. 1, 2019--Renae Merle
Housing Finance Reforms Welcomed by Real Estate Industry
Mortgage Professional America, Feb. 4, 2019--Steve Randall
GSE Reform, CFPB Underwriting Rule are on Collision Course
American Banker, Feb. 4, 2019--Kate Berry (subscription)
Mortgage Market Dynamics: Competition and Evolution
Journal for Structured Finance, Feb. 2019--Michael Fratantoni
White House Walks Back Otting Comment on Imminent GSE Reform
HousingWire, Jan. 30, 2019--Jessica Guerin
The Average Adjustable-Rate Mortgage is Nearly $700,000. Here's What that Tells Us
MarketWatch, Feb. 4, 2019--Andrea Riquier
FHFA Names New Chief of Staff
HousingWire, Jan. 31, 2019--Jessica Guerin
CFPB Offers New FAQ for TRID Compliance
Naional Mortgage News, Feb. 1, 2019--Brad Finkelstein (subscription)
IRS Offers New Rules and 'Safe Harbors' for Pass-Through Deductions
National Real Estate Investor, Feb. 04, 2019--Beth Mattson-Teig
Mortgage Lenders Still Making the Same TRID Errors: MetaSource
National Mortgage News, Jan. 29 2019--Brad Finkelstein (subscription)
GSEs Data Security Top Senate Banking's Agenda
National Mortgage News, Jan. 29, 2019--Neil Haggerty (subscription)
Ginnie Mae Ramps Up Scrutiny of Nonbank Mortgage Lenders
The Real Deal (New York), Jan. 29, 2019--Kevin Sun
Is China's Debt Crackdown Hitting California's Commercial Real Estate Bubble?
Market Express, Jan. 30, 2019--Wolf Richter
Homeowners in Government Mortgage Programs Remain at Risk of Unnecessary Foreclosures
The Hill, Jan. 31, 2019--Lisa Sitkin, Odette Williamson
GE Agrees to Settle DoJ Subprime Mortgage Case for $1.5bn
Financial Times, Jan. 31, 2019--Ed Crooks (subscription)
HGTV Shows Like 'Fixer Upper' Spur Demand for Home Renovation Loans
National Mortgage News, Feb. 4, 2019--Paul Centopani (free article)