Q3 Home Prices Rise in 93 Percent of Metro Areas

National Mortgage Professional, Nov. 7, 2019–Phil HallSingle-family median home prices during the third quarter increased year-over-year in 93 percent of the metro areas–-or 166 out of 178 markets–-tracked by the …

Mortgage Rates Retreat for the First Time in Three Weeks

Washington Post, Nov. 7, 2019–Kathy OrtonAfter three weeks of increases, mortgage rates fell back this week — but it looks to be only a temporary decline. (MBA mention)https://www.washingtonpost.com/business/2019/11/07/mortgage-rates-retreat-first-time-three-weeks/

Luxury Housing Market Stabilizes in 3Q After Weak First Half

Redfin, Seattle, said average sale prices for luxury homes nationwide rose by 0.3 percent year over year to $1.6 million in the third quarter, marking the first time luxury prices did not drop after three straight quarters of declines.

2019 MBA Annual Convention Survey Scorecard

The following report was prepared from the 28 face-to-face surveys I conducted with senior mortgage executives from 28 different firms in Austin, Texas at the MBA Annual Convention held 27-30 October. They are designed to capture the thinking, attitudes and expectations of an industry through one-on-one interviews with execs from, in this instance, 28 different mortgage firms. My goal is to create a microcosm of the industry using the MBA’s membership as the universe.

MBA Education School of Loan Origination Jan. 21-Feb. 13

MBA Education presents its popular School of Loan Origination Instructor-Guided Online Course From Jan. 21-Feb. 13. https://www.mba.org/store/events/instructor-guided-online-course/school-of-loan-origination-january-2020

MBA Whole Loan Trading Workshop in Phoenix Dec. 4

MBA will host a one-day workshop on Wednesday, December 4 in Phoenix focused on the active market for whole loans. Aggregators, community banks and other portfolio investors are active buyers …

Ethan Saxon Joins MBA as Associate Vice President of Legislative Affairs

The Mortgage Bankers Association announced Ethan Saxon joined the association as Associate Vice President of Legislative Affairs, responsible for advocating MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Democratic members of the United States Senate.