BREAKING NEWS
MBA Builder Applications Survey; MBA Chief Economist Mike Fratantoni on Wednesday's Federal Open Market Committee Policy Meeting
Mortgage applications for new home purchases fell in November by 3 percent from October and by 2.2 percent from a year ago, the Mortgage Bankers Association reported Thursday.
The Federal Open Market Committee on Wednesday said it would speed up its tapering of agency mortgage-backed securities and hinted its timetable for raising the federal funds rate could move up as well.
Commercial/multifamily mortgage debt outstanding increased by $64.8 billion (1.6 percent) in the third quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
MISMO®, the real estate finance industry standards organization, announced availability of its updated Commercial Green Utility Dataset standard.
Six federal agencies issued notice on Tuesday that they will not modify their current definition of a Qualified Residential Mortgage.
As the industry looks ahead to 2022, the new year is certain to bring fresh challenges, as well as new opportunities for growth.
The Senate on Tuesday approved Alanna McCargo as President of Ginnie Mae by voice vote.
The nomination period for the MBA NewsLink 2022 Tech All-Star Awards is underway with a new, simplified entry form. Nominations will be accepted through Friday, Jan. 21.
City Office REIT, Vancouver, B.C., acquired office buildings in Texas and Arizona for $283.5 million.
Souren Sarkar, CMB, is founder and CEO of Nexval, (U.S. headquarters Pompano Beach, Fla.), a business process outsourcing and fintech provider specializing in the mortgage industry. He has more than 25 years of experience as a technology leader in the mortgage and banking arena.
Jack Huntress is founder and CEO of HomeBinder, Burlington, Mass., a centralized home management platform that keeps homeowners connected with mortgage lenders, realtors and other authorized professionals.
With regulators also tightening their expectations and requirements around compliance, there is no time better than the present for lenders to get ahead and shore up their quality control and quality assurance efforts to ensure a successful 2022.
Mortgage applications fell from one week earlier despite key interest rates holding steady, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 10.
