The Lede
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Which Companies Dominated Multifamily and Commercial Real Estate Financing in 2018?
HousingWire, Mar. 29, 2019--Ben LaneNewly released data from the Mortgage Bankers Association shows which lenders and originators truly dominated the commercial real estate financing space in 2018.
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Income Application Fraud Risk to Rise in Buying Season: First American
National Mortgage News, Mar. 29, 2019--Brad Finkelstein (subscription)Income-related mortgage application fraud risk holds potential to increase among rising buyer competition during the peak spring season, First American said.
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U.S. Consumer Spending Soft, Inflation Benign as Economy Slows
Reuters, Mar. 29, 2019--Lucia MutikaniU.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter.
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A Buyer’s Market? Hopes Rise With Falling Rates, More Homes for Sale
Wall Street Journal, Mar. 31, 2019--Laura Kusisto (subscription)The spring home-buying season is shaping up as the best in years, offering new opportunities after last year's tough housing market drove away many would-be buyers.
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Ocwen Settles with Masssachusetts over Alleged ‘Widespread’ Mortgage Servicing Issues
HousingWire, Mar. 29, 2019--Ben LaneThe settlement brings an end to a lawsuit filed by the state against the nonbank back in May 2017. The lawsuit came on the heels of a sweeping round of sanctions placed on Ocwen by more than 30 other states over alleged escrow and other mortgage servicing issues.
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Planned Communities in Greater Demand
UExpress, Mar. 29, 2019--Lew Sichelman"Developers have learned that they can achieve even more sales and higher prices by joining forces with adjacent land owners to create larger master planned communities with scale," said John Burns Real Estate Consulting, based in Irvine, California. The company calls these "mega masterplans."
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Here are the Best Workplaces in Financial Services
HousingWire, Mar. 29, 2019--Jessica GuerinFortune and Great Place to Work feature companies both large and small that are known for valuing their employees and championing innovation, which is determined in part by the review of thousands of anonymous employee surveys.
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Residential Finance News
Commercial/Multifamily News
MBA News
MBA Commercial/Multifamily Servicing & Technology Conference in L.A. May 14-17
The Mortgage Bankers Association's annual Commercial/Multifamily Servicing & Technology Conference takes place May 14-17 at the J.W. Marriott L.A. Live in Los Angeles.
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Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx.
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