ACES Risk Management, Pompano Beach, Fla., said its quarterly Mortgage QC Trends Report showed critical loan defect rates fell by 6 percent in third quarter 2017, the first such drop for that calendar year.
Category: News and Trends
Patenude: HUD, FHA ‘Working Hard’ to Meet Challenges
WASHINGTON–HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.
HUD Proposes Multifamily Rent Reform
HUD yesterday proposed changes intended to offer multifamily property owners, public housing authorities and HUD-assisted families a simpler and more transparent set of rent structures.
Patenude: HUD, FHA ‘Working Hard’ to Meet Challenges
WASHINGTON–HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.
Patenude: HUD, FHA ‘Working Hard’ to Meet Challenges
WASHINGTON–HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.
From Senators, Pessimism on Housing Reform
WASHINGTON–Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association’s National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.
From Senators, Pessimism on Housing Reform
WASHINGTON–Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association’s National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.
From Senators, Pessimism on Housing Reform
WASHINGTON–Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association’s National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.
CMBS Exposure to Distressed Retailers Grows
Although the number of distressed retailers will likely rise as the retail sector evolves, their credit effect on U.S. commercial mortgage-backed securities should remain limited, reported Moody’s Investors Service, New York.
MBA Chart of the Week: Cash-Out Refinance Activity
As of the fourth quarter, 63 percent of Freddie Mac refinance loans were cash-out refinances, based on data from its Quarterly Refinance Statistics