Home Equity Lending News, January 23, 2024Citizens Bank added $1 billion in assets to its U.S. home-equity investment portfolio last year — more than any other bank. But the robust …
Category: Top National News
U.S. Consumers and Businesses Are Borrowing Again
The Wall Street Journal, Jan. 29, 2024-Sam GoldfarbCredit is flowing freely again in the U.S.Click here for more (subscription)
Housing Bills 2024: ‘Trigger Leads,’ Hedge Fund Homeowners, Capital Gains on Home Sales
Bankrate.com, Jan. 12, 2024–Jeff OstrowskiMembers of Congress are weighing proposed new laws on a slate of high-stakes housing issues.One proposal, to curb credit bureaus’ sale of mortgage borrower information, has …
Americans Race to Refinance Mortgages as Rates Fall
Newsweek, Jan. 17, 2024-Omar MohammedHomeowners are jumping to refinance their home loans in the hope of finding savings on their mortgages amid falling rates that have declined from their two-decade …
Office Loan Delinquencies Surge To 6.5% To End 2023, Hotels Not Far Behind
Bisnow, Jan. 17, 2024-Dees StriblingOffice-backed commercial loans finished 2023 with a delinquency rate of 6.5%, up from 5.1% in the third quarter, according to the Mortgage Bankers Association.Click here for more …
Americans Are Buying Homes With Friends
Newsweek, Jan. 18, 2024-Alexander FabinoIn 2012, Kristina Modares, a young professional making $35,000 a year, was living in a rented old house in downtown Austin, Texas, with four friends. Click here for …
Home Equity Yields at Banks Higher than Credit Unions
Home Equity Lending News, Jan. 19, 2024When it comes to home-equity assets, yields on bank-owned loans are around 6 basis points higher than on loans held by credit unions. But …
WeWork Wrestles to Amend Leases as Landlords Seek Clarity on Restructuring Plan
The Wall Street Journal Pro, Jan. 22, 2024-Akiko MatsudaWeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace company. But …
MBA Education Advantage: Learn for Less
MBA Education Advantage is an annual subscription-based training that provides your organization with unlimited access to 200-plus self-studies, complimentary seats in specific courses, discounts on designations and much more. MBA …
Certified Mortgage Compliance Professional (CMCP) Designation
MBA offers the only certification and designation program geared exclusively toward compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP) Certification and Designation program. You can …