Category: Top National News

Bloomberg, Nov. 27, 2016–Schwartzkopff,  Frances
The world’s largest mortgage-backed covered-bond market is shrugging off the specter of real estate mogul with big spending plans Donald Trump running the U.S.

Honolulu Civic Beat, Nov. 27, 2016–Blair, Chad
A LawnStarter analysis (it’s a company concerned about, well, lawns) of recent Census data shows “nearly 23 percent of mortgaged owner-occupied homes in the Honolulu metro area had a second mortgage or a home equity loan in 2015.”

National Law Review, Nov. 22, 2016–Phillips, Laura
The FCC denied a Mortgage Bankers Association petition that sought an exemption from the FCC’s prior express consent requirement for non-telemarketing mortgage servicing calls to wireless numbers. MBA had urged the grant of such an exemption for mortgage servicing calls.

National Real Estate Investor, Nov. 22, 2016-Bell, Diana 
As alternative lenders step up their activity this year, the stretch senior loan is a hybrid product that borrowers can turn to.

Wall Street Journal, Nov. 28, 2016–Kirkham, Chris
Housing units earmarked for low-income residents have virtually no impact on surrounding property values in major U.S. metro areas, according to an analysis of home-price data that runs counter to the conventional view that such projects cause nearby property values to decline.

Mortgage Daily, Nov. 29, 2016
Although mortgage delinquency rose for the second consecutive month, foreclosures starts were the lowest in more than a decade, report says.

National Mortgage News, Nov. 9, 2016–McKendry, Ian; Sinnock, Bonnie; Finkelstein, Brad
Housing was the talk of the campaign two presidential elections ago, but it stayed under the radar in the 2016 race, leaving plenty of room to speculate about President-elect Donald Trump’s likely mortgage policy for the next four years.

National Mortgage News, Nov. 15, 2016–Collins, Brian
The Federal Housing Administration’s insurance fund saw its fourth consecutive annual boost in its ratio of reserves to insured mortgages, reaching 2.32% in fiscal year 2016, HUD said.

Reverse Mortgage Daily, Nov. 15, 2016–Ecker, Elizabeth
The financial condition of the Federal Housing Administration’s Mutual Mortgage Insurance Fund improved in fiscal year 2016, despite reverse mortgage volatility that dragged on its portfolio.

HousingWire, Nov. 15, 2016–Swanson, Brena
A judge granted on Monday that the Quicken Loans landmark case against the Department of Justice and HUD could transfer to the Eastern District Court in downtown Detroit.