National Mortgage News, July 12, 2016–Sinnock, Bonnie
Bank finds profitability in niche product.
Category: Top National News
CityPlace Defaults on $150 Million Mortgage
Palm Beach Post (Fla.), July 12, 2016–Ostrowski, Jeff
Largest default in years.
Foreclosures, Serious Delinquencies Nearing Decade Low
HousingWire, July 12, 2016–Lane, Ben
Problem mortgages nearing pre-crisis lows.
Language Question Draws House Scrutiny
Scotsman Guide, July 13, 2016–Whitman, Victor
MBA, House members voice oppopsition to controversial FHFA proposal.
Mortgage Refinances Surge 11%, as Rates Drop to Three-Year Low
CNBC, July 13, 2016–Olick, Diana
Rates at three-year lows.
Will a CFPB Commission Ever Happen?
National Mortgage News, July 13, 2016–Berry, Kate
Republicans, industry support five-person commission based on SEC.
Fight Over Reform Bill Turns into Fight Over Capital Worldviews
National Mortgage News, July 13, 2016–McKendry, Ian
Brexit, other factors widen debate.
Millennials with Student Debt Not Interested in Buying Homes
HousingWire, July 13, 2016–Ramirez, Kelsey
Millennials reluctant to take on more debt.
Law Center Calls Seller-Financed Home Sales ‘Toxic Transactions’
New York Times, July 14, 2016–Stevenson, Alexandra; Goldstein, Matthew
More “skin in the game” makes homeowners more responsible, study says.
Neighbors Say ‘Zombie’ Condominiums Also a Drain
LoHud (N.Y.), July 15, 2016–Matsuda, Akiko (N.Y. MBA mention)
N.Y. Mortgage Bankers Association reiterates call for changes to state foreclosure procedures, longest in country.