The Lede

Top National News

S.F. Company’s New Idea: Lease Homes to Potential Atlanta Buyers
Atlanta Journal-Constitution, Feb. 16, 2018--Michael E. KanellIt's not a unique idea: leasing a home as a stepping stone to buying it. Still, for some people--who don't have a lot of savings yet--the idea might make sense, said economist Lynn Fisher of the Mortgage Bankers Association.
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Is there a Blockchain in Mortgage Servicing’s Future?
National Mortgage News, Feb. 16, 2018--Elina Tarkazikis (subscription)Servicers continue to face data management challenges, particularly during loan onboarding and transfers. Blockchain technology may hold the key to resolving those issues, said panelists at the recent Mortgage Bankers Association's National Mortgage Servicing Conference.
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Better Mortgage Becomes Billion-Dollar Originator
HousingWire, Feb. 16, 2018--Ben LaneAccording to data provided by the company, Better Mortgage claims it was the third fastest online lender to reach $1 billion in originations, trailing only Goldman Sachs' Marcus and SoFi.
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Jumbo Loans Are New Threat in U.S. Student Debt Market
Wall Street Journal, Feb. 16, 2018--Josh Mitchell (subscription)During the housing boom of the 2000s, jumbo mortgages with very large balances became a flashpoint for a brewing crisis. Now, researchers are zeroing in on a related crack but in the student debt market: very large student loans with balances exceeding $50,000.
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Industry Hopes for Revamp of HUD Manufactured Housing Rules
National Mortgage News, Feb. 16, 2018--Brian Collins (subscription)Housing industry advocates are hopeful HUD's review of its manufactured housing regulations will bring rules more in line with current building trends.
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Zero-Down home Loans are Back. Be Very Leery
Washington Post, Feb. 19, 2018--Jill Chodorov KaminskyThe number of zero-down loans issued today are significantly lower than we experienced in the market boom, but lenders still see them as a way to entice people to stay in the market.
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U.S. Homebuilding Soars in January; Import Prices Jump
Reuters, Feb. 16, 2018--Lucia MutikaniU.S. homebuilding rose to more than a one-year high in January, boosted by strong increases in the construction of both single- and multi-family housing units, and further gains are likely with building permits surging to their highest level since 2007.
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Employees Take Over USA Mortgage
Mortgage Daily (St. Louis Post-Dispatch), Feb. 19, 2018USA Mortgage's sole owner, president and chief executive officer, Douglas Schukar, transferred ownership of the company to employees through an Employee Stock Ownership Plan.
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Rates Climb with Fewer Homes on the Market
CNBC, Feb. 16, 2016On Worldwide Exchange, MBA Chief Economist Mike Fratantoni explains how low housing inventories are impacting the market.
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2-Year Outlook for Home Lending Cut
Mortgage Daily, Feb. 16, 2018Fannie Mae cut its expected volume for residential loan originations by $56 million for 2018, noting a slight boost in refinances.
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Mortgage Bankers Display Increasing Agility in 2018
Multi-Housing News, Feb. 19, 2018--Sanyu KyeyuneAt $549 billion, the Mortgage Bankers Association's projection of 2018 loan origination volume represents a 3 percent decline from 2017. Still, industry experts expressed their optimism toward the market at the organization's CREF/Multifamily Housing Convention & Expo in San Diego last week.
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MBA Boosts Commercial/Multifamily Team with Pair of Hires
HousingWire, Feb. 19, 2018--Ben LaneSharon Walker joined the MBA in late January as the associate vice president of multifamily. Also joining the MBA is Andrew Foster, who will serve as director, commercial/multifamily.
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TransUnion: Mortgage Delinquencies Reach Lowest Level Since Recession
HousingWire, Feb. 20, 2018--Kelsey RamirezThe serious mortgage delinquency rate decreased in the final quarter of 2017 to the lowest point since the great recession, according to TransUnion's Q4 2017 Industry Insights Report.
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Odd Parcels: Immigrants, Love, Alexa
UExpress, Feb. 16, 2018--Lew SichelmanAccording to the Census Bureau, immigrants now account for almost 1 in 4 workers in the construction field. That's the highest share ever recorded by the Bureau's American Community Survey.
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Residential Finance News

Commercial/Multifamily News

MBA News

MBA Condominium Lending Workshop in Denver Apr. 10-11
Back by popular demand, the Mortgage Bankers Association's Condominium Lending Workshop takes place Apr. 10-11 in Denver.
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