TransUnion, Chicago, said its quarterly Industry Insights Report points to several factors that portend good things for retailers this holiday season.
Category: News and Trends
MISMO Releases Additional Background Info, FAQs on Taxpayer Consent Language for Sharing Tax Transcripts
Last week, MISMO®, the mortgage industry standards organization, released its Taxpayer Consent Language, which was created to provide a consistent way for the mortgage industry to comply with the Taxpayer First Act.
MBA: Mortgage Delinquencies Fall to Lowest Level in Nearly 25 Years
Delinquency rates for mortgage loans on one-to-four-unit residential properties fell to their lowest level since 1995, the Mortgage Bankers Association reported yesterday.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress on Nov. 14, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
Commercial Servicing Software Must be Flexible
Commercial servicing software needs to be flexible and scalable. It must accommodate a variety of loan products; include commercial-specific reporting, payment and escrow administration functionality; and provide support for asset managers.
Luxury Housing Market Stabilizes in 3Q After Weak First Half
Redfin, Seattle, said average sale prices for luxury homes nationwide rose by 0.3 percent year over year to $1.6 million in the third quarter, marking the first time luxury prices did not drop after three straight quarters of declines.
MBA Announces Two Affordable Housing Advisory Councils
The Mortgage Bankers Association announced formation of two advisory councils as part of its new affordable housing initiative.
MBA Announces Two Affordable Housing Advisory Councils
The Mortgage Bankers Association announced formation of two advisory councils as part of its new affordable housing initiative.
Home Equity Up; Negative Equity Down
Two recent reports show equity-rich properties have increased strongly this year, while the number of properties with negative equity continue to fall.
FHFA Issues RFI on Fannie Mae, Freddie Mac UMBS Pooling Practices
The Federal Housing Finance Agency yesterday issued a Request for Input about Fannie Mae’s and Freddie Mac’s pooling practices for the formation of “To-Be-Announced”-eligible Uniform Mortgage-Backed Securities.