The Mortgage Bankers Association last week urged the Securities and Exchange Commission to follow a set of guiding principles as it considers climate-related disclosures.
Category: News and Trends
MBA Weekly Applications Survey June 23, 2021: Apps Up Despite Rising Rates
Mortgage applications increased for the second straight week despite rising interest rates, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 18.
Call for Speakers: MBA Risk Management, QA & Fraud Prevention Forum–Deadline June 29
Full session and individual speaker proposals are now being accepted for the Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum 2021, taking place Sept. 28–29 via MBA LIVE.
RE/MAX: Cooling Home Sales Bring Some Relief to ‘Frenzied’ Housing Market
The sellers’ market that has characterized most of the market for the past year showed signs of easing up in May, said RE/MAX, Denver.
TransUnion: Majority of Consumers in Accommodation Programs Continue to Make Payments
Enrollment in financial hardship programs grew significantly as a result of the COVID-19 pandemic – to 7% of all accounts for credit products such as auto loans and mortgages. However, a new TransUnion study reported the majority of consumers continued to make payments on their accounts, even when in an accommodation program.
Existing Home Sales Fall for 4th Straight Month
Existing home sales fell for the fourth straight month in May, the National Association of Realtors reported Tuesday, as rising prices and low inventories continue to stymie momentum.
Dealmaker: New York Life Real Estate Investors Originates $145M
New York Life Real Estate Investors originated $145 million for office and industrial assets in Warren, N.J. and Kent, Wash.
Share of Mortgage Loans in Forbearance Falls Under 4%
The share of mortgage loans in forbearance fell for the 16th straight week and is now under 4 percent for the first time since onset of the coronavirus pandemic, the Mortgage Bankers Association reported Monday.
Trepp: ‘Mixed Results’ for CRE Bank Loan Performance
Trepp, New York, reported “mixed results” for bank commercial real estate loan performance in the first quarter.
Paul Martin: The Time for Title Standards Is Now
Over the past several years, the hurdles to creating digital property transactions have been overcome with increasing speed. Between the rising adoption of the Mortgage Industry Standards Maintenance Organization (MISMO) SMART Docs and eNotes to remote online notarizations (RON), today’s housing industry finds itself standing on the precipice of a truly digital future.