he multifamily sector made it through the first half of the year with less turmoil as some anticipated. But the pandemic could create longer-term challenges for the sector, said Phoenix American, San Rafael, Calif.
Tag: Fannie Mae
With Wind at Its Back, Housing Starts Continue Summer Surge
Housing starts posted double-digit increases for the second straight month, HUD and the Census Bureau reported yesterday, to its highest level since February.
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.
Fannie Mae: U.S. Economy Poised for ‘Substantial Rebound’
Fannie Mae, Washington, D.C., said in the wake of the U.S. economy’s historic second-quarter contraction—nearly 40 percent—the strong rate of economic recovery seen in May and June sets up the third quarter for a “substantial rebound.”
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.
MBA: Loans in Forbearance Fall 9th Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 23 basis points to 7.21% of servicers’ portfolio volume the week of Aug. 9 from 7.44% the previous week. MBA estimates 3.6 million homeowners are in forbearance plans.
Industry Briefs Aug.17, 2020
Inlanta Mortgage, Pewaukee, Wis., announced it launched the OptifiNow CRM and automated marketing platform to improve its branch development and recruiting efforts.
MBA, Trade Groups Issue Joint Statement on GSE Adverse Market Fee
The Mortgage Bankers Association on Thursday joined a broad coalition of organizations representing the housing, financial services industries as well as public interest groups issued the following statement on the GSEs’ new adverse market fee.
MBA Mortgage Action Alliance ‘Call to Action’ Targets GSE Refi Fee
In the wake of new directive by Fannie Mae and Freddie Mac to impose a 50 basis point “Adverse Market Refinance Fee” on most refinance mortgages, effective Sept. 1, the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a ‘Call to Action’ urging its 50,000 members to contact their members of Congress and the Federal Housing Finance Agency to roll back the directive.
MBA, Trade Groups Issue Joint Statement on GSE Adverse Market Fee
The Mortgage Bankers Association yesterday joined a broad coalition of organizations representing the housing, financial services industries as well as public interest groups issued the following statement on the GSEs’ new adverse market fee.