BREAKING NEWS
MBA: 3Q IMB Production Profits Increase; FHFA Raises 2022 GSE Conforming Loan Limits
Conforming loan limits for Fannie Mae and Freddie Mac will rise to $647,200 jump in 2022, the Federal Housing Finance Agency said on Tuesday—a jump of nearly $100,000 from 2021’s previous record high.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they originated in the third quarter, up from $2,023 per loan in the second quarter, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
Despite a steady increase in purchase applications, overall mortgage application activity got swamped by a sharp drop in refinance applications as interest rates spiked to their highest rate since April , the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending November 26.
A slew of reports Monday confirmed that home price growth continues to move along at a breakneck pace, but show signs of slowing.
Trepp LLC, New York, said commercial mortgage investments held by life insurance companies saw modest returns in the third quarter
Lenders One and the Mortgage Bankers Association have teamed up to offer a Dec. 2 webinar to help you enhance your strategy for the next year in the middle of an unparalleled time in our industry.
MISMO®, the real estate finance industry standards organization, announced it is standardizing the bid-wanted in competition dataset format to facilitate accuracy, liquidity and rapid pricing for agency mortgage-backed securities transactions.
George Smith Partners, Los Angeles, secured $35.6 million for office and retail assets in California and Missouri.
Chad Musgrove is Associate Director with Lument, a subsidiary of ORIX Corporation USA. He has a decade of experience in real estate and financial services consulting.
The economic effects of the pandemic have placed strains on the day-to-day operations of servicers. An established relationship with a strategic outsourcing partner can streamline efficiency and productivity, resulting in improved scalability, increased cost savings and expertise at the ready.
In an age of digital, dealing with unknown unknowns is a reality for all leadership personnel incorporating innovations, conducting post-deal M&A events, or seeking relevant customer solutions. However, how can we determine the metrics, KPI’s, or targeted control panels that will be applicable against evolving data science demands and revolutionary access technologies?
Tim Anderson is President of the eMortgage Division for Evolve Mortgage Services, where he is responsible for overseeing deployment of the company’s digital closing platform and developing strategic partner relationships.
The Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo takes place Feb. 13-16 at the Manchester Grand Hyatt in San Diego.
