Category: News and Trends

AMELIA ISLAND, FLA.–John Ryan, President and CEO of the Conference of State Bank Supervisors, said in the decade since the financial crisis, the non-bank (independent) mortgage bank has emerged as a major player in the real estate finance industry.

The payoff rate for securitized commercial real estate mortgages should bounce back this year following two years of weak performance, said Morningstar Credit Ratings, New York.

Zillow, Seattle, said the U.S. housing market has gained back all $9 trillion in value it lost when the market collapsed, but the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead.

AMELIA ISLAND, FLA.–When the Mortgage Bankers Association’s Independent Mortgage Bankers Conference first began six years ago, it attracted 300 participants. This week, more than 800 IMB representatives have gathered here.

Black Knight, Jacksonville, Fla., said another 60,000 mortgages became 90 days delinquent in December, driven by both continued hurricane-related fallout as well as upward seasonal and calendar-related pressures.

AMELIA ISLAND, FLA.–When the Mortgage Bankers Association’s Independent Mortgage Bankers Conference first began six years ago, it attracted 300 participants. This week, more than 800 IMB representatives have gathered here.

AMELIA ISLAND, FLA.–When the Mortgage Bankers Association’s Independent Mortgage Bankers Conference first began six years ago, it attracted 300 participants. This week, more than 800 IMB representatives have gathered here.

Ellie Mae, Pleasanton, Calif., said the percentage of refinances rose in December, the result of low interest rates and a lack of purchase inventory.

The Mortgage Bankers Association sent a letter of support for a House bill that would provide exemptions for key mortgage products and lenders who originate them.

ATTOM Data Solutions, Irvine, Calif., released its Year-End 2017 U.S. Foreclosure Market Report, which shows foreclosure filings fell by 27 percent from 2016 and down by 76 percent from its peak to the lowest level since 2005.