The Lede

Top National News

Bill for Transit-Oriented Affordable Housing Gets Support from MBA
National Mortgage News, Sept. 16, 2019--Paul Centopani (subscription)With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House.
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Opportunity Zones Catch the Eye of CRE Investors
Commercial Observer, Sept. 16, 2019Meridian Capital reported 11 percent of CRE owners surveyed said they have used opportunity zone tax incentives as part of their financing stack during the last two years.
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Why Fintech Rollouts are Magnets for Fraud
American Banker, Sept. 16, 2019--Penny Crosman (subscription)It's a familiar scenario: A financial company offers a new high-tech service, and hackers immediately begin trying to game the system and drain money out of it.
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Digital Mortgage Lender Seeks to Hire 1,000 in Charlotte Over Next Five Years
Charlotte Business Journal, Sept. 16, 2019--Ashley Fahey, Caroline HudsonA fast-growing digital mortgage lender has ambitious hiring goals for its new office in Charlotte, N.C. New York-based Better.com seeks to hire 100 people by year's end and 1,000 within five years.
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Average U.S. Rent Climbs to $1,472 in August
HousingWire, Aug. 16, 2019--Alcynna LloydAmerica's rental prices continued to grow in August, as RentCafé indicates the nation's average rent increased $47 from the previous year.
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Average FICO Score Stands at Record High
HousingWire, Sept. 16, 2019--Kathleen Howley The average FICO score stands at 706, a record high. That compares with 686 at the 2009 end of the Great Recession and it eclipses the 690 at the 2006 height of the housing bubble.
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Upcoming MBA School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II.
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