First American Financial Corp., Santa Ana, Calif., acquired Title Security Agency LLC, a brand within the Arizona real estate community. First American had been a minority owner for five years.
Tag: Freddie Mac
MBA Chart of the Week: 30-Year Fixed Mortgage vs. 10-Year Treasuries
This week’s chart shows the narrowing of the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield–from a high of 208 basis points in September to 183 basis points at the end of December.
MBA: 3Q Commercial/Multifamily Mortgage Debt Increases By $75.7 Billion
Commercial/multifamily mortgage debt outstanding rose by $75.7 billion (2.2 percent) in the third quarter, the Mortgage Bankers Association reported this morning.
MBA Chart of the Week: Average Loan Size to First-Time Home Buyers
On average, the size of a first-time home buyer’s mortgage was $231,974 in the first three quarters of 2018, based on loan acquisitions data from Fannie Mae and Freddie Mac. This represents a 4.2% increase over the average size of $223,000 for mortgages to first-time home buyers originated in 2017 and an acceleration from the 1.8% annual gain in 2016.
MBA: 3Q Commercial/Multifamily Mortgage Delinquencies Stay Low
Commercial and multifamily mortgage delinquencies remained low in the third quarter, according to the Mortgage Bankers Association’s quarterly Commercial/Multifamily Delinquency Report.
FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400
The Federal Housing Finance Agency yesterday announced maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020, with the 2020 maximum conforming loan limit for one-unit properties rising to $510,400 from $484,350.
FHFA Increases 2020 Maximum Conforming Loan Limits to $510,400
The Federal Housing Finance Agency today announced maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020, with the 2020 maximum conforming loan limit for one-unit properties rising to $510,400 from $484,350.
Survey: Generation Z ‘Ambitious Yet Realistic’ About Homeownership
Stop wondering about Millennial homeownership–it’s already time to think about the generation beyond that.
FHFA to Re-Propose Enterprise Capital Rule in 2020
A year after proposing regulations on capital requirements for Fannie Mae and Freddie Mac, the Federal Housing Finance Agency yesterday said it plans to re-propose the entire regulation some time in 2020.
People in the News
The Mortgage Bankers Association promoted Rob Van Raaphorst to Vice President of Communications, responsible for shaping the Association’s overall public affairs strategy as well as overseeing all aspects of media relations, member communications and video content development.