On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium. Presumably, the CDC eviction moratorium will expire on July 31.
Category: News and Trends
Matt Hansen: Get Your Back Up Off the Wall: Support MBA RON Advocacy Efforts
To extend Remote Online Notarization legislation nationwide, lenders are going to have to get their “back up off the wall” and join MBA efforts to press rulemakers for laws that enable homebuyers and the real estate finance industry to benefit from modern business practices that so many other industries already enjoy.
Call for Speakers: MBA Regulatory Compliance Conference, Deadline TODAY
The Mortgage Bankers Association issued a Call for Speakers for its Regulatory Compliance Conference, taking place Sept. 12-14 at the Grand Hyatt in Washington, D.C. Speaker proposals are due Friday, July 1.
MISMO Seeks Public Comment on Commercial Green Utility Dataset
MISMO®, the real estate finance industry standards organization, seeks public comment on a proposed standard for Commercial Green Utility Data. The 90-day comment period begins June 30 and runs through September 30.
Clint Salisbury: The RON Revelation–Why a Return to Normal Shouldn’t Mean a Return to the Status Quo
With recent events leading to a massive increase in the use of RON, borrowers have seen they can close on their mortgage from the convenience of their kitchen table, and they’re wondering why that can’t always be the case.
Grant Carlson: The June 29 Supreme Court Ruling on CDC Residential Eviction Moratorium
On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium. Presumably, the CDC eviction moratorium will expire on July 31.
MBA Releases Q1 Commercial/Multifamily DataBook
On Wednesday, the Mortgage Bankers Association released its first quarter Commercial/Multifamily DataBook.
May Pending Home Sales Jump 8%
Pending home sales rose strongly to the highest reading for May since 2005, the National Association of Realtors reported Wednesday.
ADP: June Private-Sector Employment Grows by 692,000
In the first of three reports this week gauging the state of U.S. employment, ADP, Roseland, N.J., said private-sector employers added 692,000 jobs in June.
Freddie Mac: Moratoria Staved Off Eviction Crisis During Pandemic
Freddie Mac, McLean Va., said federal and local moratoria in response to the COVID-19 pandemic largely prevented an eviction crisis involving property renters—but the amount of back rent still owed is a “concerning factor” going forward.