HousingWire, Nov. 7, 2019–Julia FalconReal estate technology company Snapdocs announced Thursday morning that it raised $25 million in its Series B funding.https://www.housingwire.com/articles/snapdocs-raises-25-million-in-series-b-funding-round/
MBA Newslinks Archive
Consumer Housing Confidence Falls Again as Economic Doubts Rise
National Mortgage News, Nov. 7, 2019–Paul Centopani (subscription)Fannie’s Home Purchase Sentiment Index declined for the second straight month after hitting an all-time high in August. The index fell to 88.8 …
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 Announces Two Affordable Housing Advisory Councils
The Mortgage Bankers Association announced formation of two advisory councils as part of its new affordable housing initiative.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage …
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 …