The Pew Charitable Trusts, Philadelphia, found small mortgages to purchase low-cost homes–defined as those priced below $150,000–have become increasingly scarce.
Category: News and Trends
April Indexes Show Solid but Mixed Results for Home Prices
The Federal Housing Finance Agency’s seasonally adjusted House Price Index for April showed a 3.1% increase in home prices year-over-year, and a 0.7% increase from March.
Miki Adams of CBC Mortgage Agency: How Down Payment Assistance Has Evolved Over Past Decade
Miki Adams is president of CBC Mortgage Agency (CBCMA), a nationally chartered housing finance agency and a leading source of down payment assistance for first-time homebuyers.
Certified Mortgage Compliance Professional (CMCP) Designation
MBA offers the only certification and designation program geared exclusively toward compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP) Certification and Designation program.
MBA Compliance and Risk Management Conference in D.C. Sept. 10-12
Two conferences, one monumental location: The Mortgage Bankers Association’s all-new Compliance and Risk Management Conference takes place Sept. 10-12 at the Grand Hyatt Washington, D.C.
MISMO Publishes Enhanced Version of Industry Loan Application Dataset
MISMO, the real estate finance industry’s standards organization, published an enhanced version of the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.
FHFA: More Than 6.7M Troubled Homeowners Helped During Conservatorships
Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions in the first quarter, the Federal Housing Finance Agency reported.
Dealmaker: Newmark Secures $947M for Park La Brea Apartments in Los Angeles
Newmark Group, New York, secured a $947 million loan for Los Angeles’ Park La Brea, the largest apartment community on the West Coast.
MISMO Publishes Enhanced Version of Industry Loan Application Dataset
MISMO, the real estate finance industry’s standards organization, published an enhanced version of the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.
April Indexes Show Solid but Mixed Results for Home Prices
The Federal Housing Finance Agency’s seasonally adjusted House Price Index for April showed a 3.1% increase in home prices year-over-year, and a 0.7% increase from March.