National Mortgage News, Oct. 23, 2019–Paul Centopani, Brad Finkelstein (subscription)The Mortgage Bankers Association’s annual convention returns to the Lone Star State in 2019, but for the first time, the Texas …
Category: Top National News
Mortgage Rates Rise to their Highest Level in 12 Weeks
Washington Post, Oct. 24, 2019–Michele LernerMortgage rates rose to their highest level in 12 weeks, according to the data released Thursday by Freddie Mac, with investors continuing to react to …
Federal Agencies Found to Be Lax in Halting Fake Comments on Proposed Rules
Wall Street Journal, Oct. 24, 2019–James V. Grimaldi (subscription)Online rule-making comment systems are ‘being abused,’ a Senate report says; federal agencies have taken little action, even with comments from dead …
VA Mortgage Lending Increased 2.3% Led by Millennials
HousingWire, Oct. 23, 2019–Kathleen HowleyThe number of loans backed by the Department of Veterans Affairs increased 2.3% in the 12 months through September, led by a 14% gain in the …
7 Things to Look for at MBA Annual
National Mortgage News, Oct. 23, 2019–Paul Centopani, Brad Finkelstein (subscription)The Mortgage Bankers Association’s annual convention returns to the Lone Star State in 2019, but for the first time, the Texas …
FHFA: U.S. Home Prices Climb 4.6% from Last September
HousingWire, Oct. 23, 2019–Alcynna LloydHome prices increased in September, rising only 0.2% from the previous month but up 4.6% from 2018, according to the latest monthly House Price Index from …
Hotel, Suburban Office Outlook Iffy for Properties Backing CMBS
National Mortgage News, Oct. 23, 2019–Bonnie Sinnock (subscription)The outlook for hotels and suburban offices remains questionable, but the prognosis for other property types in the securitized commercial real estate market …
The White House Wants to Privatize Fannie and Freddie. It Needs Wall Street’s Help
Wall Street Journal, Oct. 23, 2019–Juliet Chung, Ben Eisen (subscriptionBefore the two mortgage giants can be privatized, they will potentially have to raise billions of dollars from investors, a move …
Weekly Mortgage Applications Tank 12% as Interest Rates Jump
CNBC, Oct. 23, 2019–Diana OlickMortgage application volume fell 11.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.https://www.cnbc.com/2019/10/23/weekly-mortgage-applications-tank-12percent-as-interest-rates-jump.html
In This Housing Boom, the Worry Is That Prices Are Too High
Bloomberg, Oct. 23, 2019–Prashant GopalHome prices in the U.S. are up 25% in five years, according to the S&P CoreLogic Case-Shiller index. Unlike during the property fever of the 2000s, …