U.S. mortgage performance remained exceptionally strong in June, with both overall delinquency and foreclosure rates at or near historic lows, reported CoreLogic, Irvine, Calif.
Category: News and Trends
Chart of the Week Sept. 5: Multifamily Borrowing and Lending, 2022
With more than $4.5 trillion of mortgage debt outstanding, commercial real estate finance markets are large and diverse.
Industry Briefs Sept. 5, 2023
Industry briefs from Guild Mortgage, Capacity and KSL Capital Partners.
Maddin Hauser’s Martin Frenkel & Brian Nettleingham: AI Adoption in Mortgage Industry Draws Increased Scrutiny, New Rulemaking From CFPB and Other Regulators
The rapid advancement of artificial intelligence technology is raising both hopes and eyebrows across government and industry. Where industry players see tremendous potential benefits in productivity, convenience, and innovation, regulators are equally concerned with the potential risks and dangers AI technology may pose to consumers.
MBA Compliance and Risk Management Conference in DC Sept. 10-12
Compliance officers and inside and outside counsel will find the content they know and trust at the Mortgage Bankers Association’s Compliance and Risk Management Conference.
Quote: Sept. 5, 2023
“The national mortgage delinquency rate remained at a historic low in June.”
–Molly Boesel, Principal Economist for CoreLogic
Industry Briefs Sept. 1, 2023
Industry briefs from Guild Mortgage, Capacity and KSL Capital Partners.
ATTOM: Mortgage Lending Up in Q2 From Q1
ATTOM, Irvine, Calif., reported the total number of mortgages secured by residential property rose from the first to second quarter, ending Q2 at 1.56 million.
HUD Updates Fair Market Rents; Releases $113M in Vouchers
HUD on Thursday published Fair Market Rents for Fiscal Year 2024 and released an additional $113 million in Housing Choice Vouchers to help 9,500 families to meet growing costs.
Recent Loan Originator Compensation Enforcement and Supervisory Activity Webinar Sept. 7
The CFPB recently published its Summer 2023 Supervisory Highlights and there are potential significant changes to how the LO Comp rule is interpreted. Join MBA and industry experts as we walk through the current understanding of the LO Comp guidance and what it means for your policies and procedures.