NEW YORK–The supply of available mortgage-backed securities for purchase in the private market is expected to increase drastically over the next two years.
Category: News and Trends
Deadline May 26: COMBOG Call for Nominations
The MBA Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Nominating Committee is soliciting member recommendations for individuals to serve on the Board beginning October 2023 in the Investor, Lender, Mortgage Banker and Associate categories.
Industry Briefs May 26, 2023
Industry news briefs from Freddie Mac, Foundation Mortgage Corp. and Forta Solutions.
Redfin: For Housing Price Growth Trends, Look Local
Redfin, Seattle, said home price growth trends in spring 2022 hit the highest metro-to-metro variation since the Great Recession.
Seth Sprague, CMB, of Richey May: Now’s the Time to Prepare for FHFA/Ginnie Mae Rules Changes for Non-Bank Servicers
On August 17, 2022, the Federal Housing Finance Agency and Ginnie Mae jointly announced updated minimum financial eligibility and capital rules for seller/servicers and issuers. These changes update the capital and financial eligibility requirements for non-bank servicers that have been modified over the past year. Understanding the new requirements is critical for seller/servicers and issuers to maintain compliance; however, these changes also raise potential strategic and operational challenges in the future.
Hassan Rashid of Tavant: Rising Mortgage Rates and the Paradigm Shift of Digital Lending
In the ever-changing landscape of the mortgage industry, adaptability and technological innovation have become crucial for lenders seeking success in the current market. As mortgage rates fluctuate and homebuyers exercise caution, lenders must pivot their strategies and embrace digital lending solutions to drive business excellence.
Sponsored Content from SWBC: Mortgage Market Outlook and Risk Management Strategies for Lenders
As the mortgage market continues to evolve, mortgage servicers face new challenges and opportunities. A solid understanding of the latest industry trends, economic outlook, and regulatory requirements is essential for success in this competitive landscape.
MBA: Mortgage Application Payments Increased 0.9% to $2,112 in April
Homebuyer affordability declined further in April, with the national median payment applied for by purchase applicants increasing 0.9 percent to $2,112, the Mortgage Bankers Association’s Purchase Applications Payment Index reported.
#MBASecondary23: Solving the Affordability Puzzle
NEW YORK–Affordability is among the top challenges for the housing market. Having strong counterparty relationships and sustainable products helps lenders to better serve the market and maintain liquidity.
#MBASecondary23: As Fed, Banks Step Away from MBS, New Investors Prepare to Play
NEW YORK–The supply of available mortgage-backed securities for purchase in the private market is expected to increase drastically over the next two years.