ATTOM Data Solutions, Irvine, Calif., said 1.52 million U.S. single-family homes and condos in the United States were vacant in the first quarter, representing 1.5 percent of all homes.
Category: News and Trends

4Q GDP Holds Steady at 2.1%
The Bureau of Economic Analysis yesterday reported its second (revised) estimate of real gross domestic product increased at an annual rate of 2.1 percent in the fourth quarter, unchanged from its first (advance) estimate last month.

HUD Proposes Enhancements to CWCOT Procedures
HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.

CDC Issues Interim Guidance for Businesses, Employers on Coronavirus
Amid growing public concerns about the spreading coronavirus epidemic, the Centers for Disease Control and Prevention this week issued an Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19).

#MBAServicing2020: mPower–Owning Your Own Story
ORLANDO—Valerie Gordon understands the power of communication and its impact on the personal narrative.

LBA Ware: 2019 Base Commissions for LOs Unchanged
LBA Ware, Macon, Ga., released its 2019 Loan Originator Compensation Report, finding, base commission for LOs effectively unchanged from 2018 to 2019 despite increased industry focus on cost reduction.

Mortgage Applications Back Up in MBA Weekly Survey
Mortgage applications continued their strong start to 2020, increasing by 1.5 percent from one week earlier as key interest rates fell again, the Mortgage Bankers reported this morning in its Weekly Mortgage Applications Survey for the week ending February 21.

#MBAServicing2020: Ransomware and Cybersecurity—Understanding the Threats
ORLANDO—Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association, worries about the vulnerability of the mortgage industry.

LBA Ware: 2019 Base Commissions for LOs Unchanged
LBA Ware, Macon, Ga., released its 2019 Loan Originator Compensation Report, finding, base commission for LOs effectively unchanged from 2018 to 2019 despite increased industry focus on cost reduction.

#MBAServicing2020: mPower–Owning Your Own Story
ORLANDO—Valerie Gordon understands the power of communication and its impact on the personal narrative.