Okay, all you holders of residential and commercial real estate along the Atlantic coast and the Gulf of Mexico: brace yourself for another potential summer of sandbags and insurance claims.
Category: News and Trends
MBA: 1Q Commercial/Multifamily Mortgage Delinquency Rates Drop
Commercial and multifamily mortgage delinquencies declined in the first quarter, the Mortgage Bankers Association reported Tuesday in its Commercial/Multifamily Delinquency Report.
FHFA Publishes Final Rule Amending GSE Reg Capital Framework on Public Disclosure Requirements
The Federal Housing Finance Agency on Thursday published a final rule amending the Enterprise Regulatory Capital Framework by introducing new public disclosure requirements for Fannie Mae and Freddie Mac.
MISMO Commends Ginnie Mae on Enhancements, Updates, Support of Industry Standards
Seth Appleton, president of MISMO®, issued the following statement in support of Ginnie Mae’s recent announcement regarding updates and enhancements to its Digital Collateral Program and eGuide:
Senate Confirms Sandra Thompson as FHFA Director
The Senate on Wednesday confirmed Sandra Thompson’s nomination to serve as Director of the Federal Housing Finance Agency.
Quote
“Given the strength in market fundamentals and valuations for most property types, delinquency rates are at the lower end of their historical range for most major capital sources.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
MBA: 1Q IMB Production Profits Decrease
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $223 on each loan they originated in the first quarter, a sharp drop from a reported gain of $1,099 per loan in the fourth quarter, the Mortgage Bankers Association reported Tuesday.
Call for Speakers: MBA Annual Convention & Expo; Deadline June 15
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association’s Annual Convention & Expo 2022, taking place October 23-26 at Music City Center in Nashville. This …
MISMO Issues MI Version 3.4 Implementation Guide for Electronic Ordering of MI Requests, Commitments
MISMO®, the real estate finance industry standards organization, launched an updated Mortgage Insurance Version 3.4 Implementation Guide.
Federal Reserve Board: Household Financial Well-Being Improves
U.S. household financial well-being improved in 2021, the Federal Reserve Board said Monday.