At the recent NEXTDC19 Conference in Washington, D.C., five women of influence in the real estate finance field discussed challenges and opportunities that shaped their careers and helped in transforming the industry. The following are excerpts from that panel discussion.
Category: News and Trends
FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400
The Federal Housing Finance Agency yesterday 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.
Sun Belt Cities Lead Annual Home Price Gains
Home prices continued to post modest gains in September, according to the Standard & Poor’s CoreLogic Case-Shiller Indices.
October New Home Sales Dip, But Outlook Brighter
HUD and the Census Bureau yesterday reported sales of new single‐family houses in October fell slightly but performed strongly compared to a year ago.
Consumer Confidence Drops for 4th Straight Month
The Conference Board, New York, said consumer confidence declined for the fourth consecutive month in November, albeit slightly.
Mortgage Applications Increase in MBA Weekly Survey
Mortgage applications increased from one week earlier as key interest rates stayed below 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 22.
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.
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.
MBA Chart of the Week: Percent of Loans in Foreclosure
The third quarter results of MBA’s National Delinquency Survey, released last week showed improvements in delinquency and foreclosure measures.
MISMO Releases Closing Instructions Templates for Public Comment
MISMO®, the mortgage industry standards organization, released its new closing instructions templates for public comment.