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Trump’s CFPB Choice Faces Uphill Battle–And That’s Part of the Plan
National Mortgage News, June 18, 2018--Kate Berry (subscription)President Trump' choice of Kathy Kraninger to head the Consumer Financial Protection Bureau is already in trouble--and that may be just fine with the White House.
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In the Pipeline: Only One Thing Can Stop Multifamily’s March
HousingWire, June 18, 2018--Jeremiah JensenMultifamily real estate is proving itself to be a rock-solid investment, and as the economic cards fall in favor of the asset class, its strong fundamentals are cementing into place and turning it into a nearly unstoppable barge of respectable returns on investment. But will the good vibes last?
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Union Home Mrtgage Culture Maintained Amid Growth
The Plain Dealer (Cleveland), June 18, 2018--Ginger ChristUnion Home Mortgage Corp. may have experienced massive growth in recent years but remains committed in the company culture it has invested in for decades.
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Q3 Refi Outlook Raised
Mortgage Daily, June 18, 2018The Mortgage Bankers Association raised the third-quarter outlook by $12 billion from last month.
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Waters Calls for Stricter Oversight of Mortgage Servicers
ReverseMortgageDaily, June 18, 2018--Alex SpankoA bill introduced by Rep. Maxine Waters on Monday would bring greater oversight to servicers of single-family home loans, in response to what the California Democrat has called "bad behavior" from players in the industry.
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Mulvaney Likely to Stick Around at the CFPB for a While
Wall Street Journal, June 19, 2018--Yuka Hayashi (subscription)Mick Mulvaney could be around for a while as the acting chief of the Consumer Financial Protection Bureau, despite the Trump administration's move to nominate a permanent successor.
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Pessimism Permeates Nationwide Housing Forecast
National Mortgage Professional, June 18, 2018--Phil HallFor the first time this decade, Nationwide's Leading Index of Healthy Housing Markets, a forward-looking measure of housing market sustainability, is not forecasting a positive outlook.
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Overhauling ‘Dark Ages’ FHA a Must for Housing Reform, HUD Says
National Mortgage News, June 18, 2018--Hannah Lang (subscription)HUD believes that a "critical element" of housing finance reform is the need to modernize the risk management and technology platforms at the Federal Housing Administration, said Adolfo Marzol, a top HUD official.
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What Do SFR Renters Want?
National Real Estate Investor, June 18, 2018--Bendix AndersonKeeping single-family rental residents in homes longer drastically improves the economics of the business because of the high cost involved in preparing a home to rent.
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MBA News
Upcoming MBA Education School of Mortgage Banking Courses
MBA Education presents its School of Mortgage Banking Courses I & II in Arlington, Va., July 24-27.
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