Category: Top National News

National Real Estate Investor, May 3, 2017–Beth Mattson-TeigThere is still plenty of capital available for retail-sector acquisitions, refinancing and even value-add redevelopment and new construction. But lenders are putting deals under the microscope and borrowers are finding that some projects are a tough sell.

Mortgage Orb, May 3, 2017–Peter G. MillerThe mortgage interest deduction is less secure than fairy tale stories suggest; one can argue that it’s within a hair’s breadth of extinction.

Mortgage Daily, May 3, 2017Among mortgage loan originators who are considered to be among the best in the country, earning the borrower’s trust is a common theme.

Mortgage Daily, May 3, 2017The National Credit Union Administration announced it collected $445 million from UBS to settle residential mortgage-backed securities losses at two failed corporate federal credit unions.

Mortgage Daily, May 3, 2017Home lending activity was off at Ocwen Financial Corp. The West Palm Beach, Florida-based organization experienced a pre-tax loss of $30 million during the first quarter.

National Mortgage News, May 3, 2017–Brad Finkelstein (subscription)From housing finance reform to the latest economic projections, here’s a look at the biggest stories and best insights from this week’s Mortgage Bankers Association National Secondary Market Conference in New York.

HousingWire, May 3, 2017–Kelsey RamirezThe chances of a recession within the next 12 months continues to rise as the yield curve flattens, said Mark Fleming, chief economist with First American Finance Corp.

Bloomberg, May 3, 2017–Laura J. Keller, Felice MaranzBank of America Corp. Chief Executive Officer Brian Moynihan said the Trump administration would harm U.S. businesses and undermine the financial system if it were to revive a Depression-era law separating consumer and investment banking.

HousingWire, May 2, 2017–Kelsey RamírezOn the third day of the Mortgage Bankers Association National Secondary Market Conference and Expo in New York City, three economists took the stage to explain their view of the housing market and their forecast for 2017.

National Mortgage News, May 2, 2017–Bonnie Sinnock (Subscription)Fannie Mae and Freddie Mac will continue to pursue opportunities to provide liquidity to the single-family rental market despite opposition from mortgage and real estate industry groups.