MISMO Fall Summit: Building Confidence and Efficiency into Non-Agency Data Exchanges
CRYSTAL CITY, VA.--An efficient private-label securities market requires that investors have confidence in their understanding of asset quality for their deals. But questions remain, according to panelists here at the MISMO Fall Summit--and ongoing work under the auspices of MISMO is poised to help provide much-needed data standardization.
CoreLogic: Homeowners Gained $2.9 Trillion in Equity in Q2
CoreLogic, Irvine, Calif., said homeowners with mortgages saw their equity increase by 29.3% year over year, representing a collective equity gain of more than $2.9 trillion and an average gain of $51,500 per borrower over the past year.
Home Affordability Slips Again
ATTOM, Irvine, Calif., reported median-priced single-family homes are less affordable compared to historical averages in 75 percent of counties across the nation with enough data to analyze.
MBA RIHA Climate Change Report: Mortgage Industry Needs to Improve Risk Management Measurements
Climate change triggered by global warming will continue at an unpredictable pace and will add stress to the complex system of allocating risks across housing and housing finance stakeholders, according to a new research report released Thursday by the Mortgage Bankers Association's Research Institute for Housing America.
MBA Announces Policy Initiative to Close Racial Homeownership Gap
The Mortgage Bankers Association on Monday announced a policy initiative, Building Generational Wealth Through Homeownership, aimed at providing industry leadership and direction for reducing the racial homeownership gap, developing and supporting policies that support sustainable homeownership for communities of color and promoting fair, equitable and responsible lending for minority borrowers.