BREAKING NEWS
Fed Lowers Interest Rates for 3rd Time this Year
The Federal Open Market Committee, as expected, cut the federal funds rate by 25 basis points following conclusion of yesterday’s policy meeting.
ATTOM Data Solutions, Irvine, Calif., said 1.527 million U.S. single-family homes and condos were vacant in the fourth quarter, representing 1.5 percent of all U.S. homes.
AUSTIN, TEXAS--The Mortgage Bankers Association expects purchase originations to increase by 1.6 percent to $1.29 trillion in 2020.
Real gross domestic product increased at an annual rate of 1.9 percent in the third quarter, marking a continued trend of slowing economic growth, the Bureau of Economic Analysis reported in its first (advance) estimate yesterday.
Home price appreciation has accelerated across the United States, according to a new historical home price index announced by Radian Group Inc, Philadelphia.
Joe Ludlow is Vice President for Irvine, Calif-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.
Mortgage applications rose slightly from one week earlier even as key interest rates reached a three-month high, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 25.
Steve Ozonian is President and CEO of Williston Financial Group, Portland, Ore.
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. The primary theme today is the growth of a few vendors, especially in innovation and technology. We also address the age-old question of "Is bigger better?"
AUSTIN, TEXAS--The Mortgage Bankers Association recognized 72 mortgage professionals--37 from the residential sector and 35 from the commercial/multifamily sector--in a graduation ceremony for the MBA Future Leaders Program here at the association’s 2019 Annual Convention & Expo.
AUSTIN, TEXAS--The MBA Opens Doors Foundation announced its 2019 annual awards, which recognize those who have made lasting contributions to advance the Foundation's mission of providing mortgage and rental assistance grants to parents and guardians caring for critically ill or injured children.
