MISMO®, the mortgage industry standards organization, released its new closing instructions templates for public comment.
Category: News and Trends
Hello, Diversity: I’m Equality
(By Aneeza Haleem) Tolerance, diversity and inclusion should not be political opinions or corporate checkboxes–they are non-negotiable human rights.
FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400
The Federal Housing Finance Agency today announced maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020, with the 2020 maximum conforming loan limit for one-unit properties rising to $510,400 from $484,350.
MBA Mortgage Action Alliance Issues ‘Call to Action’ on G-Fees Bill
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a “Call to Action” yesterday urging its members to contact their House representative in support of a bill that would prohibit Congress from using Fannie Mae and Freddie Mac guarantee fees as a source of funding for non-housing related spending.
Black Knight’s First Look: Strong Decline in October Mortgage Delinquencies; Refis Pushes Prepayments to Highest Level in 6 Years
Black Knight, Jacksonville, Fla., said its First Look Mortgage Monitor reported the national mortgage delinquency rate fell to 3.39% in October, a nearly 7% decline from the past year and within 0.03% of the record low set in May.
Survey: Generation Z ‘Ambitious Yet Realistic’ About Homeownership
Stop wondering about Millennial homeownership–it’s already time to think about the generation beyond that.
Housing Market: ‘Silver Tsunami,’ or More Bidding Wars?
Seattle-based housing giants Zillow and Redfin take different approaches to market’s future, with Zillow predicting a “silver tsunami” as Baby Boomers get set to leave their homes, while Redfin sees constricted inventories presaging a return to bidding wars in many key markets.
MISMO Releases Closing Instructions Templates for Public Comment
MISMO®, the mortgage industry standards organization, released its new closing instructions templates for public comment.
Hello, Diversity: I’m Equality
(By Aneeza Haleem) Tolerance, diversity and inclusion should not be political opinions or corporate checkboxes–they are non-negotiable human rights.
People in the News
New American Funding, Tustin, Calif., appointed Marlene Veal as Vice President of its Western Builder Division, responsible for creation and development of teams to support home builders and their buyers.