Fannie Mae and Freddie Mac issued a lender letter and bulletin that offer additional information for market participants regarding implementation of the redesigned Uniform Residential Loan Application. Late last week, Ginnie Mae issued APM 20-08 and APM 20-09, both of which clarify requirements relevant to independent mortgage bank issuers. And MBA joined a coalition of trade groups to provide ex parte comments in response to the FCC’s June 25 draft order establishing a call-blocking safe harbor.

MBA NewsLink summarizes more than half a dozen new reports from Redfin; Zillow; First American Financial Corp.; Fitch Ratings; ATTOM Data Solutions; and Black Knight.

The $3.7 trillion commercial and multifamily mortgage market is really a confederation of different capital sources, property types and geographic markets, all bound together by the provision of mortgage capital backed by investment property incomes and collateral value. Often, the overall market moves in tandem. At other times – like now – different segments act very differently.

Did you know electronic closings can occur in different ways? Take a closer look at two digital closing scenarios: hybrid and full eClosing with remote online notarization (RON).