ANNOUNCEMENT
MBA offices will be closed on Monday, Sept. 6 in observance of the Labor Day holiday. MBA NewsLink will not publish. On behalf of MBA officers and staff, have a safe and happy holiday.
FHA on Thursday issued temporary partial waivers to its Home Equity Conversion Mortgage (HECM) policies. These waivers provide mortgagees with expanded flexibility to help senior homeowners with HECMs who are struggling financially due to COVID-19.
Yet another report this week shows U.S. home prices with double-digit percentage annual home price gains, although not nearly as dramatic as earlier reports. And, said Redfin, Seattle, pending sales are slowing and homes are taking longer to sell—and sellers are taking notice by slashing their asking prices.
Initial claims for unemployment insurance resumed their trend downward following last week’s unexpected burp, the Labor Department reported Thursday.
The Biden Administration on Wednesday announced a number of steps aimed at creating, preserving and selling to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the next three years, with an emphasis on the lower and middle segments of the market.
The Consumer Financial Protection Bureau on Wednesday proposed a new rule aimed at increasing transparency in the small business lending marketplace.
Harbor Group International and Cammeby's International Group acquired a 5,302-unit multifamily property portfolio for $1.05 billion.
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.
PropLogix, Sarasota, Calif., a title support company providing tech-enabled due diligence services and software for closing professionals, announced it secured investment from Accel-KKR, Menlo Park, Calif., a technology-focused private equity firm.
On June 30, the Federal Financial Institutions Examination Council issued a new booklet. We identified critical guidelines from the new booklet that will introduce fresh challenges to your financial institution.
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.
Registration for the Mortgage Bankers Association’s Annual Convention & Expo, taking place Oct. 17-20 at the San Diego Convention Center, is officially open. Join MBA in San Diego as Academy Award- and Presidential Medal of Freedom Award-winning actress Rita Moreno keynotes the mPower Luncheon on Tuesday, Oct. 19.
The Mortgage Bankers Association introduces a new offering to its members -- the Diversity, Equity and Inclusion (DEI) Study -- separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
