Zillow: Home Value Growth Ends 21-Month Slowdown

First the good news: Zillow, Seattle, reported after a nearly two-year slowdown, year-over-year home value growth rose in February. The typical home value in the U.S. is now $247,084, a 3.9% increase from a year ago, according to the February Zillow Real Estate Market Report.

FDIC Chair Calls for FASB to Delay CECL Rule Amid Pandemic

Federal Deposit Insurance Corp. Chair Jelena McWilliams, in a Mar. 19 letter to the Financial Accounting Standards Board, urged FASB to delay or postpone implementation of its current expected credit losses accounting rules.

MBA Cancels Conferences through May

The Mortgage Bankers Association yesterday announced it has canceled the following conferences through May.

Parkes Dibble: Working with Self-Employed and Underserved

Today, mortgage lenders are almost as likely to meet a potential homebuyer who is self-employed, or part of the gig economy. According to a study from the Freelancers Union Freelancing in America: 2019, 57 million Americans—or 35 percent of the US workforce-are self-employed.

ATTOM: 4Q Refinances More than Double

ATTOM Data Solutions, Irvine, Calif., reported 1.27 million refinance mortgages secured by residential property originated in the fourth quarter, up 20 percent from the third quarter and up by 104 percent from a year ago to the highest point since third quarter 2013.

MBA Cancels Conferences through May

The Mortgage Bankers Association this afternoon announced it has canceled the following scheduled conferences through May:

MBA Cancels All Spring Conferences

Amid continued concerns over the COVID-19 coronavirus pandemic, the Mortgage Bankers Association today said it has canceled all upcoming spring conferences through May.