“The gender pay gap limits women in the housing market, but that’s only the start of a compounding impact. Owning a home represents the dominant form of wealth building for most Americans. So not only are women starting from behind, but they’re falling even further behind with each passing day as homes build equity.”
–Zillow economist Nicole Bachaud.
MISMO®, the real estate finance industry standards organization, released its updated Industry Loan Application Dataset (iLAD) for a 30-day public comment period.
The Federal Housing Finance Agency released its fourth quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 153,793 foreclosure prevention actions during the quarter
Black Knight, Jacksonville, Fla., said past-due loans increased by 1.8 percent in February, the first increase since last May.
Freddie Mac, McLean, Va., said multifamily market investment conditions turned negative in late 2021 as price appreciation and rising mortgage rates more than offset net operating income growth.
MISMO®, the real estate finance industry standards organization, seeks participants for an initiative focused on standardizing disclosure of flood risks. Separately, MISMO seeks public comment on a proposed Adverse Action Notice Dataset.
Commercial/multifamily mortgage debt outstanding at year-end 2021 rose by $287 billion (7.4 percent) from the previous year, the Mortgage Bankers Association reported Wednesday.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,099 on each loan they originated in the fourth quarter, its lowest level in three years, the Mortgage Bankers Association reported last Tuesday.
“With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs as the lending landscape moves from a rate-term refinancing market to a purchase and cash-out refinancing market.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.
The Securities and Exchange Commission on Monday voted 3-1 to release a Notice of Proposed Rulemaking that includes amendments requiring a domestic or foreign registrant to include certain climate-related information in its registration statements and periodic reports.
