CBRE, Dallas, reported large U.S. office markets showed stability in November despite continued uncertainty about COVID.
Category: News and Trends
FHFA: GSE Delinquency Rate Falls to 1.55%
The Federal Housing Finance Agency released its third quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,210,485 since the start of conservatorships in September 2008.
MBA Offices Closed Dec. 24-Jan. 2
Offices of the Mortgage Bankers Association will close at 5:00 p.m. ET on Thursday, Dec. 23 and will reopen at 8:00 a.m. ET on Monday, Jan. 3, 2022.
MISMO Winter Summit 2022 in Clearwater, Fla. Jan. 10-13
The MISMO Winter Summit takes place Jan. 10-13 at the Hyatt Regency Clearwater Resort and Spa.
MBA Weekly Applications Survey Dec. 22, 2021: Activity Slows for 2nd Straight Week
Mortgage applications fell for the second consecutive week—although steady interest rates sparked a slight uptick in refinancing activity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Dec. 17.
Quote
“Supply chain bottlenecks and labor shortages have slowed the pace of new home completions, which has reduced overall housing inventories and further intensified the race for existing homes. Homes continue to sell at a blistering pace.”
–Mark Vitner, Senior Economist with Wells Fargo Economics, Charlotte, N.C.
Scott Roller: Mortgage Vendor News & Views, December 2021
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we delve into the bevy of activity surrounding vendor mergers and acquisitions
Industry Briefs Dec. 23, 2021: HomeBinder, Own Up Announce Partnership
HomeBinder, Boston, announced a partnership with Boston-based Own Up to support homeowners who receive HomeBinder from a non-mortgage industry business, such as a home inspector or insurance agent.
Mark P. Dangelo: Foretelling the Stories of ‘Ghosts of Yet to Come’ in 2022
For c-levels, the unknowns of 2022 represent a nightmarish Christmas Carol outcome. From technologies to personnel to regulatory compliance to political alignments to non-traditional competition to comprehensively unique business models, the sustainability challenges for financial services firms have never been greater.
People in the News Dec. 22, 2021: MBA’s Bill Killmer, Tallman Johnson Named ‘Top Lobbyists’
MBA Senior Vice President of Legislative and Political Affairs Bill Killmer and MBA Associate Vice President of Legislative Affairs Tallman Johnson were named to The Hill’s annual list of “Top Lobbyists” for 2021.