MBA, Trade Groups Raise Concerns over TRID Brokered Transactions
The Mortgage Bankers Association, in a letter this week to the Consumer Financial Protection Bureau, said as the Bureau assesses the effectiveness of its TRID Integrated Disclosure Rule it should reconsider provisions of the rule regarding wholesale creditors and brokered transactions.
Ellie Mae: Interest Rate Rise Sparks Jump in Purchase Originations
The company’s monthly Origination Insight Report said purchase loans accounted for 54 percent of total closed loans in December, up from 51 percent in November and the 2019 low of 49 percent in September.
Veros: ‘Red State’ Home Appreciation Projects Higher in 2020
It’s an election year, and no matter how you try, you’re not going to get away from politics. Not here, nor in the housing market. So, take a sip of coffee and read on.
Hotels Post Record 2019 But See Lowest Growth Since Recession
The hotel sector saw record-breaking performance during 2019 but its lowest growth rate in revenue per available room since the current cycle began in 2010, reported STR, Hendersonville, Tenn.