The Mortgage Bankers Association’s Annual Convention & Expo, Oct. 27-30 in Austin, Texas, is coming up fast, with former Virginia Gov. Terry McAuliffe, former New Jersey Gov. Chris Christie and …
MBA Newslinks Archive
Realty Scams Net Millions
UExpress, Oct. 11, 2019–Lew Sichelman A 2018 FBI report on internet crime includes real estate as one of the hot areas for fraudsters, and the numbers are eye-opening. Though the …
Citi Fined $30 Million over How it Handled Foreclosed Property
National Mortgage News, Oct. 11, 2019–Brenan Pederson (subscription) The Office of the Comptroller of the Currency is fining Citigroup’s bank subsidiary $30 million over claims that it repeatedly violated federal …
Think Tank Claims Housing Markets Point to 2020 Recession
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 …
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.