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 …
Category: Top National News
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 …
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 …
MBA’s Servicing Solutions Conference & Expo., Feb. 4-7, 2025
Mark your calendar Feb. 4-7, for MBA’s Servicing Solutions Conference & Expo. Join us at the Hyatt Regency Dallas for the premier event designed exclusively for servicing professionals and providers. Dive into cutting-edge …
Thousands of U.S. Homes Have Flooded Over and Over Again. Here’s Where.
The Washington Post, Jan. 9, 2024-Brady Dennis and Harry StevensThe number of U.S. properties that have flooded numerous times continues to rise, according to newly released federal data, in the …
U.S. Saw Record-Breaking Thunderstorm Damage in 2023
The Wall Street Journal, Jan. 9, 2024-Richard VanderfordThunderstorms in 2023 caused $76 billion in losses in North America and Europe, a record for such weather events, which have in recent …
Americans Rush to Refinance Homes as Mortgage Rates Drop
Newsweek, Jan. 11, 2024-Omar MohammedAmerican homeowners are jumping to refinance their mortgages after a drop in rates from their peak in the fall, according to the Mortgage Bankers Association (MBA), …