SAN DIEGO–The Mortgage Bankers Association said $110.5 billion (6 percent) of the $1.9 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2019.
Category: News and Trends
GSEs Push for Greater Efficiencies in Mortgage Process
SAN FRANCISCO–These are not quiet times for Fannie Mae and Freddie Mac.
Black Knight: Foreclosure Rate, Inventory End 2018 Below Pre-Recession Averages
Black Knight, Jacksonville, Fla., said all four major performance metrics in its Mortgage Monitor Report–delinquencies, serious delinquencies, active foreclosures and total non-current inventory–ended the year below 2000-2005 pre-recession averages for the first time since the financial crisis.
GSEs Push for Greater Efficiencies in Mortgage Process
SAN FRANCISCO–These are not quiet times for Fannie Mae and Freddie Mac.
GSEs Push for Greater Efficiencies in Mortgage Process
SAN FRANCISCO–These are not quiet times for Fannie Mae and Freddie Mac.
MBA Offers Recommendation to FHFA on Federal Home Loan Banks Proposed Rule
The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said it supported the agency’s proposed rule to amend existing Federal Home Loan Bank housing goals but urged agency to monitor the rule’s impact on the FHLB Acquired Member Assets programs.
ATTOM: Average U.S. Home Seller Profits Hit 12-Year High
ATTOM Data Solutions, Irvine, Calif., said home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006.
Loan Defects Rise for 4th Straight Month
First American Financial Corp., Santa Ana, Calif., said its Loan Application Defect Index rose in December, the fourth consecutive monthly increase, but remains below historical levels.
IMBs: The Very Definition of ‘Skin in the Game’
SAN FRANCISCO–Independent mortgage banks represent more than three-fourths of Mortgage Bankers Association membership, a fact that MBA 2015 Chairman Bill Cosgrove, CMB, CEO of Union Home Mortgage Corp., Strongsville, Ohio, said is not lost on the association.
IMBs: The Very Definition of ‘Skin in the Game’
SAN FRANCISCO–Independent mortgage banks represent more than three-fourths of Mortgage Bankers Association membership, a fact that MBA 2015 Chairman Bill Cosgrove, CMB, CEO of Union Home Mortgage Corp., Strongsville, Ohio, said is not lost on the association.