ATTOM, Irvine, Calif., issued its third-quarter Vacant Property and Zombie Foreclosure Report showing 1.3 million residential properties in the United States sit vacant.
Category: News and Trends
iBuyers Helping People Move in Record Numbers
Homeowners sold a record number of homes using an instant buying service in the second quarter and are poised to sell even more in the third quarter, said Zillow, Seattle.
Prashant Kothari of SitusAMC Insights: Title, Mortgage Industries Share Same Challenges; None Insurmountable
Prashant Kothari is Managing Director of SitusAMC’s Title Production Services and has nearly three decades of mortgage and title industry experience. He began his career in the mortgage division of Kidder, Peabody & Co. followed by multiple roles at Freddie Mac, including working in the Freddie’s Office of the President.
MBA Weekly Applications Survey Sept. 8, 2021: Volume at Two-Month Low
Mortgage applications fell for the second straight week to their lowest level sine mid-July, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending September 3.
Share of Mortgage Loans in Forbearance Decreases to 3.23%
Loans in forbearance fell slightly last week, the Mortgage Bankers Association reported Tuesday, as both requests for and exits from forbearance slowed at the end of August.
MBA Education Graduates First Level III Certified Mortgage Compliance Professional
MBA Education’s popular Certified Mortgage Compliance Professional certification and designation program recently awarded the CMCP designation to the first mortgage professional to complete all three levels of the program.
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“Today, following years of careful legislating and regulatory rulemaking, section 1031 supports job growth, creates a ladder of economic opportunity for small businesses, cash-poor entrepreneurs, and farm, ranch, and forest owners, and constitutes an important tool for the environmental conservation of land for future generations.”
–From an MBA/trade group letter to Congress urging lawmakers to preserve current law as it pertains to Section 1031 real estate like-kind exchanges.
MISMO Announces New PLS Dataset And Seeks Public Comment
MISMO®, the real estate finance industry standards organization, seeks public comment on its new standardized dataset, which facilitates the electronic exchange of mortgage asset data to credit rating agencies.
MBA Path to Diversity Scholarship Program Partner: USMI
The Mortgage Bankers Association’s Path to Diversity Scholarship Program recently gained an important partner in U.S. Mortgage Insurers, Washington, D.C. MBA NewsLink spoke with Lindsey Johnson, President of USMI, on how the company became involved with the Path to Diversity Scholarship Program.
People in the News Sept. 9, 2021
Alterra Home Loans LLC, Las Vegas, promoted Marc Hernandez to president, responsible for sales, operations and marketing.