The Mortgage Bankers Association this morning released a white paper, Role of CMBS in the Financing of Commercial and Multifamily Real Estate in America, which provides an overview of the commercial mortgage-backed securities market and highlights the vital role it plays as a capital source for the financing of commercial real estate.
Category: News and Trends
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress this morning, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
Consumers Poised for Continued Strong Credit Activity
TransUnion, Chicago, said its quarterly Industry Insights Report points to several factors that portend good things for retailers this holiday season.
Redfin 3Q New Home Sales Up 5.6%
fin, Seattle, said a drop in new home sales prices sparked an uptick in new home sales in the third quarter, the second consecutive quarterly increase.
J.D. Power: Mortgage Customer Satisfaction Improves, but Loan Boom Reveals ‘Foundation Cracks’
J.D. Power, Costa Mesa, Calif., said overall customer satisfaction with primary mortgage originators improved throughout most of 2019 but dropped off significantly in the second quarter as loan origination volume surged.
MBA: Mortgage Delinquencies Fall to Lowest Level in Nearly 25 Years
Delinquency rates for mortgage loans on one-to-four-unit residential properties fell to their lowest level since 1995, the Mortgage Bankers Association reported yesterday.
MISMO Releases Additional Background Info, FAQ’s on Taxpayer Consent Language for Sharing Tax Transcripts
Last week, MISMO®, the mortgage industry standards organization, released its Taxpayer Consent Language, which was created to provide a consistent way for the mortgage industry to comply with the Taxpayer First Act.
People in the News
LoanLogics, Trevose, Pa., announced Brenda Clem, CMB, joined the company as chief product strategist, responsible for developing and implementing strategic plans for all LoanLogics products and maintaining strong relationships within the mortgage industry.
Housing and the Holidays
Leadership during times of economic opaqueness, scary events and political drama can lack efficacy. What worked in the past is a poor roadmap into the future–whack-a-mole urgency will widen the gaps between enterprises. Innovation and automation may be the only certainties over the next 18 months.