It’s already been a busy week for housing industry reports–and it’s only Wednesday! Here’s a quick summary of some of those coming across the NewsLink desk.
Category: News and Trends
Sponsored Content from WFG: MBA Reports of Falling Per-Loan Profits Prompt Calls for Greater Efficiencies
On Aug. 30, Mortgage Professional America reported “Independent mortgage banks and mortgage subsidiaries of chartered banks reported hefty declines in their profit in the second quarter of 2021.”
Joe Puthur of Mortgage Coach: Fair Lending Compliance is a Competitive Advantage
Strengthening mortgage accessibility industry-wide is not a burden, but an opportunity that should be embraced. Every qualified loan is good business and new affordability goals and programs instantly broaden the marketplace of eligible buyers.
MBA CONVERGENCE Webinar Sept. 16–Mayors and Affordable Housing: Perspective from City Hall
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.
MISMO Issues Call for Participants for New Workgroup Focused on Creating Business Reference Architecture
MISMO Workgroup Will Create Blueprint for Deploying MISMO Standards In Order to Maximize Efficiencies and Streamline Implementation
FHFA, Treasury Suspend Portions of GSE 2021 Preferred Stock Purchase Agreements
The Federal Housing Finance Agency and the Treasury Department on Tuesday suspended certain provisions added to the Preferred Stock Purchase Agreements with Fannie Mae and Freddie Mac in January.
MBA Weekly Applications Survey Sept. 15, 2021: Purchase Applications at 5-Month High
Mortgage purchase applications jumped to their highest level in five months as interest rates held steady for the third straight week, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the week ending September 10.
mPowering You: MBA’s Summit for Women in Real Estate Finance Oct. 16
mPowering You, MBA’s Summit for Women in Real Estate Finance, takes place Saturday, Oct. 16 at the San Diego Convention Center just ahead of the MBA Annual Convention & Expo (Oct. 17-20).
Dealmaker: NorthMarq Secures $187M for Retail, Industrial, Multifamily
NorthMarq, Minneapolis, arranged $187.2 million for retail, industrial and multifamily assets in New York, California and Washington.
Freddie Mac Finds Strong Multifamily Investment Environment
Freddie Mac, McLean, Va., said its Apartment Investment Market Index turned positive in the second quarter as growing net operating incomes and low interest rates bolstered the multifamily investment environment.