The Mortgage Bankers Association and the American Bankers Association, in a letter to HUD, offered a series of recommendations to jump-start the FHA Single-Family Loan Sale program, which seen declining participation in recent years.
CoreLogic: Mortgage Delinquencies Reach 20-Year Low
CoreLogic, Irvine, Calif., said April mortgage delinquencies and foreclosure inventories fell to their lowest rates in more than 20 years.
Fitch Ratings: Post-Crisis Enhancements Paying Dividends for GSEs
Fitch Ratings, New York, said numerous operational improvements made in recent years have led to lower operational risk for both Fannie Mae and Freddie Mac.
On 10th Anniversary of Great Recession, Housing Market Still Faces Challenges
Last month marked the 10-year anniversary of the end of the Great Recession. First American Financial Corp., Santa Ana, Calif., said between then and now, housing affordability has improved and borrowers have greater access to credit, which in turn is boosting demand.
Growing Investor Demand for Seniors Housing
Investor appetite for seniors housing is growing. Nearly two-thirds of investors plan to increase their buying over the next 12 months, said CBRE, Los Angeles.
June CMBS Delinquency Rate Increases
The commercial mortgage-backed securities delinquency rate saw a rare increase in June, but that figure comes with a "footnote," reported Trepp, New York.
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 Condominium Lending Workshop in D.C. July 18
The Mortgage Bankers Association's annual Condominium Workshop takes place Thursday, July 18 at the Marriott Marquis in Washington, D.C.
No Relief Yet for Lenders Where False Claims Enforcement is Concerned
National Mortgage News, July 2, 2019--Brad Finkelstein (subscription)
Mortgage Bonds at Heart of Crisis Dwindle in Supply as New Breeds Take Root
MarketWatch, July 2, 2019--Joy Wiltermuth
Propriety Reverse Mortgage Products Could Eclipse FHA's HECM Program in 2019
Forbes, July 2, 2019--Jamie Hopkins
Report: Financial Services Industry Workforce Among Lowest Risk for Phishing Scams
National Mortgage Professional, July 5, 2019--Phil Hall
Indiana Man Sentenced to Seven Years for Foreclosure Fraud
National Mortgage News, July 5, 2019--Brad Finkelstein (subscription)
New York Condo Conversions Near the End, a Casualty of Rent Reform
Wall Street Journal, July 8, 2019--Josh Barbanel, Will Parker (subscription)
After Months of Floods and Tornadoes, Midwest Officials Tally Billions in Damage
Wall Street Journal, July 4, 2019--Erin Ailworth (subscription)
Debt Collectors Wage Comeback
Wall Street Journal, July 5, 2019--Yuka Hayashi (subscription)
Could American 'Heroes' Help Reverse Credit Unions' Mortgage Declines?
Credit Union Journal, July 4, 2019--Palash Ghosh, Aaron Passman