The Lede

Top National News

MBA: Commercial, Multifamily Mortgage Delinquencies Remain Historically Low
HousingWire, Dec. 7, 2018--Ben LaneDelinquency rates on commercial and multifamily mortgages stayed nearly historic lows during the third quarter, the Mortgage Bankers Association reported this week.
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Signs of Trouble Loom in Commercial Real Estate Loans
Business Observer, Dec. 7, 2018Banks nationwide, by a big margin in some cases, are slowing down commercial real estate lending in most property categories.
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Competition Limits the Decline in Nonbank Mortgage Employment
National Mortgage News, Dec. 7, 2018--Bonnie Sinnock (subscription)Workers employed by nonbank mortgage companies in October totaled 341,500, down from 344,000 in September, according to the Bureau of Labor Statistics. But total nonbank mortgage job numbers are up from 339,000 a year earlier.
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Moody’s: RMBS Credit Quality to Stay Strong in 2019
National Mortgage Professional, Dec. 7, 2018--Phil HallMoody's Investors Service is forecasting a strong level of credit quality and performance of residential mortgage-backed securities in 2019, although the level of strength will be slightly weaker compared to this year.
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The Housing Boom Is Already Gigantic. How Long Can It Last?
New York Times, Dec. 7, 2018--Robert J. ShillerYale Professor and Nobel Laureate believes despite weaknesses, the current housing market is experiencing the third-biggest boom in modern history.
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If You Ask Consumers, The Nation is in a Housing Affordability Crisis
National Mortgage News, Dec. 7, 2018--Elena Tarkazikis (subscription)The nation is suffering from a housing affordability crisis and lower construction costs and increased government subsidies can ease the pain, consumers state in a survey.
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Fed Policymakers Signal Turning Point on U.S Rate-Hike Path
Reuters, Dec. 7, 2018--Michelle Price, Howard SchneiderThe U.S. central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the "near term" but nodded to increasingly less certainty ahead.
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Residential Finance News

Commercial/Multifamily News

MBA News

MBA Independent Mortgage Bankers Conference Jan. 28-31
The Mortgage Bankers Association's Independent Mortgage Bankers Conference takes place Jan. 28-31 at the Hyatt Regency San Francisco.
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MBA School of Mortgage Banking II in D.C. Mar. 5-8
MBA Education presents its popular School of Mortgage Banking Course II Mar. 5-8 at MBA headquarters in Washington, D.C.
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MBA Independent Mortgage Bankers Conference Jan. 28-31
The Mortgage Bankers Association's Independent Mortgage Bankers Conference takes place Jan. 28-31 at the Hyatt Regency San Francisco.
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MBA Independent Mortgage Bankers Conference Jan. 28-31
The Mortgage Bankers Association's Independent Mortgage Bankers Conference takes place Jan. 28-31 at the Hyatt Regency San Francisco.
Full Story