Zillow, Seattle, said the total value of every home in the U.S. reached $33.6 trillion at the end of 2019, nearly as much as the GDP of the two largest global economies combined–the U.S. ($20.5 trillion) and China ($13.6 trillion).
Category: News and Trends
MBA Advocacy Update
On Friday, Consumer Financial Protection Bureau Director Kathy Kraninger sent a letter to Congress outlining the Bureau’s plan for a revised Qualified Mortgage Standard.
The Week Ahead
The weekdays immediately following the Martin Luther King Jr. holiday are usually quiet in Washington. Not this week. For only the third time in U.S. history, the Senate has begun an impeachment trial against a sitting President.
Housing Starts Finish Year on Strong Note
HUD and the Census Bureau gave the housing and real estate finance industry something to cheer about Friday, reporting the strongest jump in housing starts in 13 years.
MBA Chart of the Week: Mobility Rates and Reasons for Moving
This week’s MBA Chart of the Week examines the reasons why fewer Americans are moving.
The New State Battleground: Privacy & Security
On January 1, the California Consumer Privacy Act (CCPA) became law–a warning shot across the bow of every real estate finance company in America.
People in the News
The Federal Housing Finance Agency announced J. Christopher “Chris” Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission, will serve as independent, non-Executive Chairman of the Board of Directors of Common Securitization Solutions LLC and that CSS will amend the structure of its Board of Directors.
Nancy Alley: eClosing Best Practices, Part II: Driving Adoption with Key Stakeholders
There’s more to adopting a digital mortgage strategy than simply using the necessary technologies and processes. Successful adoption also depends on getting clear and explicit buy-in from key stakeholders, such as borrowers, lender team members and settlement agents. By getting these crucial groups on board, lenders can then make the digital mortgage experience intuitive, consistent and repeatable.
The New State Battleground: Privacy & Security
On January 1, the California Consumer Privacy Act (CCPA) became law–a warning shot across the bow of every real estate finance company in America.
People in the News
The Federal Housing Finance Agency announced J. Christopher “Chris” Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission, will serve as independent, non-Executive Chairman of the Board of Directors of Common Securitization Solutions LLC and that CSS will amend the structure of its Board of Directors.