BREAKING NEWS
FHFA Director Mark Calabria Out after SCOTUS Ruling
The Supreme Court on Wednesday ruled that the structure of the Federal Housing Finance Agency is unconstitutional, allowing the President to remove its director at will. Shortly after the ruling, The Biden Administration removed Mark Calabria as FHFA Director.
New home sales tumbled by nearly 6 percent in May—and the report revised downward the previous three months’ statistics, HUD and the Census Bureau reported Wednesday.
A Zillow survey of more than 1,300 homeowners found despite record low interest rates, more than three-fourths of respondents passed up the opportunity to refinance their mortgage.
Investor interest in life sciences real estate has jumped during the pandemic, sector analysts say.
Black Knight, Jacksonville, Fla., said the national delinquency rate rose to 4.73% from 4.66% in April, although the increase was driven largely by the three-day Memorial Day weekend foreshortening available payment windows. Overall, it said past-due loan rates continued to improve.
The share of mortgage loans in forbearance fell for the 16th straight week and is now under 4 percent for the first time since onset of the coronavirus pandemic, the Mortgage Bankers Association reported Monday.
Mortgage applications increased for the second straight week despite rising interest rates, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 18.
Regent Properties, Los Angeles, acquired four high-rise San Diego office buildings for $420 million.
Over the past several years, the hurdles to creating digital property transactions have been overcome with increasing speed. Between the rising adoption of the Mortgage Industry Standards Maintenance Organization (MISMO) SMART Docs and eNotes to remote online notarizations (RON), today’s housing industry finds itself standing on the precipice of a truly digital future.
When Jim Deitch, CEO of Teraverde, and Alex Kutsishin, CEO of Sales Boomerang, sat down to discuss business and development of Sales Boomerang, the conversation was sure to be vibrant.
The Mortgage Bankers Association last week urged the Securities and Exchange Commission to follow a set of guiding principles as it considers climate-related disclosures.
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association's Annual Convention & Expo 2021, taking place October 17-20 at the San Diego Convention Center.
