National Mortgage Professional, Oct. 11, 2019–Phil Hall A new forecast issued by the Council on Foreign Relations, a Washington, D.C.-based think tank, is using housing market data to predict a …
MBA Newslinks Archive
That Super Low Mortgage Rate? It Could Be Even Lower
Wall Street Journal, Oct. 11, 2019–Ben Eisen (subscription) Interest rates have been plummeting, but the cost of taking out a mortgage hasn’t fallen as fast. https://www.msn.com/en-us/money/realestate/that-super-low-mortgage-rate-it-could-be-even-lower/ar-AAIzy3L
How the Digital Mortgage Democratizes Loan Accessibility
Mortgage lending is too expensive.
MBA Chart of the Week: Commercial/Multifamily Capitalization Rates
Commercial real estate values are dictated by property incomes and capitalization rates, or the yields investors are looking to receive on their investments.
Residential Briefs
Ginnie Mae, Washington, D.C., said issuance of its mortgage-backed securities totaled $53.517 billion in September, providing financing for more than 207,000 homeowners and renters.
The Week Ahead
The Mortgage Bankers Association’s Annual Convention & Expo is less than three weeks away.
MBA’s Lisa Haynes Honored as Association CFO of the Year by Association TRENDS
Lisa J. Haynes, Senior Vice President, Chief Financial Officer and Diversity and Inclusion Officer with the Mortgage Bankers Association, was presented with the Association CFO of the Year Award by Association TRENDS. Haynes received the award at the Nonprofit CFO of the Year Awards reception in Washington.
Redfin: Bidding Wars Edge Up in September, Bucking Seasonal Trend
Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.
MBA Advocacy Update
This past Monday, President Trump announced that he intends to nominate Federal Housing Administration (FHA) Commissioner Brian Montgomery to be the next Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). Also, President Trump signed two Executive Orders on regulatory guidance issued by federal agencies. And the Treasury Department issued proposed rules to help ease the transition from the London Interbank Offered Rate (LIBOR) to other reference rates.
MBA Newslink Friday 10-11-19
“Lisa is an integral part of MBA’s senior management team and well-deserving of this recognition. Her hard work, financial acumen, and strategic thinking have played a large role in her and MBA’s success.” –MBA President and CEO Robert D. Broeksmit, CMB, on MBA SVP Lisa Haynes being honored with the Association CFO of the Year Award by Association TRENDS.