For the first time in five weeks, loans in forbearance increased, albeit ever so slightly, the Mortgage Bankers Association reported yesterday.
Category: News and Trends
Ritesh Singhania: Mortgage Rate Buy-Down Points–to Sell or Not to Sell?
Consumers should be informed and aware that, even after the rate on their loan is locked and before it
closes, they have the option to move up and down the rate stack (as above) that was originally used to
lock their loan.
Daren Blomquist of Auction.com on the Current State of the Distressed Marketplace
Daren Blomquist is vice president of market economics with Auction.com., Irvine, Calif. He analyzes and forecasts complex macro and microeconomic data trends within the marketplace and greater industry to provide value to both buyers and sellers using the Auction.com platform.
People in the News Mar. 3 2021
Spring EQ, Philadelphia, hired Saket Nigam as senior vice president of capital markets. He will be responsible for leading the company’s continued growth in the consumer-direct and wholesale mortgage markets for first and second mortgage products.
MBA Announces Members of Affordable Housing Advisory Councils for 2021
The Mortgage Bankers Association announced members of its advisory councils for affordable rental housing and homeownership for 2021. The advisory councils were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.
MISMO Wins 2021 HousingWire Tech100 Mortgage Award
MISMO, the mortgage industry’s standards organization, has been named a 2021 winner of HousingWire’s Tech100 Mortgage award. The award criteria were based on technology innovation and impact within the mortgage market.
Dealmaker: NorthMarq Arranges $55M for Industrial, Multifamily
NorthMarq, Minneapolis, arranged $55.2 million for industrial and multifamily assets in Ohio and Washington.
MBA: Share of Mortgage Loans in Forbearance Inches Up
For the first time in five weeks, loans in forbearance increased, albeit ever so slightly, the Mortgage Bankers Association reported yesterday.
Commercial Property Prices Grow Again in January
U.S. commercial property prices grew again in January, sector analysts reported.
‘In High Gear:’ Annual U.S. Home Price Appreciation Reaches Double Digits
Add the CoreLogic Home Price Index to the growing Double-Digit Price Growth Club. The company’s monthly index showed nationally, home prices increased by 10 percent annually in January.