MReport, Nov. 18, 2019–Mike AlbaneseCoreLogic reports that the mortgage brokers’ share of conventional conforming mortgages rose to 16% in 2019, which more than double what it was from its low …
Category: Top National News
Commercial/Multifamily Mortgage Originations Index
Commercial Property Executive, Nov. 18, 2019–Jamie WoodwellMBA Vice President of Commercial/Multifamily Research & Economics breaks down third quarter commercial and multifamily loan originations.https://www.cpexecutive.com/post/commercial-multifamily-mortgage-originations-index/
Starter Homes May Be Making a Comeback
HousingWire, Nov. 15, 2019–Maleesa SmithEconomists at Capital Economics are anticipating a rise in new homes sold for under $300,000, from under 50% currently to about 55% by the end of …
Parents Can Hurt as Much as Help
UExpress, Nov. 15, 2019–Lew SichelmanParents can take a number of steps to help their offspring purchase their first homes. They can donate money for a down payment, co-sign on a …
Fannie Further Narrows a Gap with Freddie in Multifamily CRT
National Mortgage News, Nov. 15, 2019–Bonnie Sinnock (subscription)The Federal Housing Financial Agency’s latest report on credit risk transfers shows Fannie Mae continues to slowly improve a multifamily mortgage risk-sharing metric …
Mortgage Lender In Long Fight With State Banking Is Closing, CEO Says
Connecticut News Junkie, Nov. 15, 2019–Shawn R. Beals1st Alliance CEO John DiIorio said he puts the blame for the business closing entirely on the state, which is seeking a $1.5 …
Where Mortgage Delinquency Rates Are Improving Most
DS News, Nov. 15, 2019–Seth WellbornSome of the the biggest drops in delinquency were seen in federal home loans, notably FHA loans, according to new data from the Mortgage Bankers …
2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More
Forbes, Nov. 15, 2019–Aly J. YaleThere’s “emerging consensus” that rates will remain low next year—likely somewhere between 3.7% and 3.9%. Forecasts from Freddie Mac and the Mortgage Bankers Association back …
In Partisan D.C., House Banking Panel Flips the Script
American Banker, Nov. 14, 2019–Neil Haggerty (subscription)Nearly a year ago, the Democrats’ takeover of the House prompted fears that Rep. Maxine Waters’ control of the Financial Services Committee could spell …
Going Up: More Residential Skyscrapers Being Built
HousingWire, Nov. 14, 2019–Julia FalconResidential skyscrapers are also becoming popular, going from only eight in the 1990s to 68 during the 2010s. From the early 2000s through the 2010s, the …