Fitch Ratings, New York, said delinquencies for non-QM 2023-vintage RMBS transactions are higher than the 2022 vintage, reflection weaker collateral attributes.
Category: News and Trends
Broeksmit Discusses Recent Wins, Current Challenges: #MBAIMB24
NEW ORLEANS–In the face of a difficult business climate, the Mortgage Bankers Association is fighting for Independent Mortgage Bankers every day to ensure they can deliver for borrowers, MBA President and CEO Robert Broeksmit, CMB, said here at MBA’s Independent Mortgage Bankers conference.
Quote: Jan. 25, 2024
“We will continue this fight against the Basel III Endgame proposal.”
–MBA President and CEO Robert Broeksmit, CMB, speaking at MBA’s Independent Mortgage Bankers conference.
MBA Servicing Solutions Conference & Expo Feb. 4-7
Join us at the Hyatt Regency Dallas for the premier event designed exclusively for servicing professionals and providers.
The Light at the End of the Tunnel: #MBAIMB24
NEW ORLEANS–There is light at the end of the tunnel, MBA Vice President of Industry Analysis Marina Walsh, CMB, told attendees here at MBA’s Independent Mortgage Bankers conference.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 19, 2024. The results include an adjustment to account for the MLK holiday.
Net Lease Cap Rates Expand; 2024 Expected to See Increased Transaction Volume
Cap rates in the single-tenant net lease sector increased for the seventh consecutive quarter in late 2023, according to The Boulder Group, Wilmette, Ill.
Industry Briefs, Jan. 24, 2024
Industry news from Dark Matter, NRL Mortgage, Calque, Optimal Blue, Ncontracts, BluePoint Mortgage, OptifiNow and Ginnie Mae.
Pending Home Sales See Biggest Jump in Over Two Years
Homebuyers came out of the woodwork in December as mortgage rates posted the biggest monthly decline since 2008.
Navigating the New Home Construction Landscape: a Q&A with Land Gorilla’s Sean Faries
MBA NewsLink recently interviewed Sean Faries, CEO of Land Gorilla, San Luis Obispo, Calif., about the new home construction landscape.