Chicago Tribune, Oct. 24, 2017–Kenneth HarneyThe political jostling and frenetic lobbying on Capitol Hill over the Republican tax overhaul bill are producing unexpected developments that could prove important to homeowners, sellers and buyers.
Category: Top National News
Buyers Should Expect Rising Mortgage Rates Through 2020, Economist Tells Bankers Gathered in Denver
Denver Post, Oct. 24, 2017–Aldo SvaldiBorrowers may see rates ratchet up in the months and years ahead, said Michael Fratantoni, Chief Economist with the Mortgage Bankers Association.
MBA Economists: Here’s What Mortgage Rates Are Going To Do in 2018 and Beyond
HousingWire, Oct. 24, 2017–Ben LaneAccording to the top economists at the Mortgage Bankers Association, mortgage rates will rise in the next few years, past 4% and even past 5%.
Fight To Keep CFPB Arbitration Rule Could Rest on Whose Data is Right
National Mortgage News, Oct. 23, 2017–Kate Berry, Ian McKendry (subscription)With lawmakers poised to vote as early as this week on a measure overturning the Consumer Financial Protection Bureau’s arbitration rule, opposing sides in the arbitration debate–both in and out of government–are still battling over whose data is more credible.
MBA’s Stevens Challenges Industry on Overcoming the Unpredictable
National Mortgage Professional, Oct. 23, 2017–Phil HallMBA President and CEO David Stevens said MBA has established a vibrant relationship with the Administration and continues to be a prominent thought leader in the nation’s capital.
Stevens: Legislation is the Only Cure for the Industry’s False Sense of Security
HousingWire, Oct. 23, 2017–Sarah WheelerMBA President and CEO David Stevens said the safety the industry now feels could be quickly undone, Stevens said, depending on the leaders the Trump administration chooses to lead the Federal Housing Finance Agency and the Consumer Financial Protection Bureau.
Fannie Mae Reveals Major Upgrade to its Day 1 Certainty Product
HousingWire, Oct. 23, 2017–Kelsey RamirezFannie Mae unveiled new upgrades at the Mortgage Bankers Association 2017 Annual Convention and Expo in Denver that will lower costs and shorten the mortgage process.
Ben Carson Vows to Pull Back on Mortgage Penalties at HUD
Bloomberg, Oct. 23, 2017–Joe Light”Innocent errors should not create chaos and fear and make people less likely to get involved in the first place,” Carson said in a speech at a Mortgage Bankers Association conference in Denver.
Mortgage Interest, Property Taxes in Play in Tax Bill
Washington Post Writers Group, Oct. 23, 2017–Kenneth R. HarneyThe political jostling and frenetic lobbying on Capitol Hill over the Republican tax overhaul bill are producing unexpected developments that could prove important to home owners, sellers and buyers.
Digital Launches Kick It Up a Notch at MBA Annual Conference
HousingWire, Oct. 23, 2017–Kelsey RamirezThe Mortgage Bankers Association’s 2017 Annual Conference and Expo is in full swing in Denver, Colorado, and many companies are using the event as their launch board for new products.