The National Association of Hispanic Real Estate Professionals said Hispanics accounted for nearly 40 percent of U.S. household formation and nearly 63 percent of the increase in homeownership in the past 10 years.
Category: News and Trends
CMBS Delinquency Rate Increases For a Change
The commercial mortgage-backed securities delinquency rate did something rarely seen recently: it increased.
Senate Approves Calabria FHFA Nomination After Deploying ‘Nuclear Option’
The Senate last week approved Mark Calabria as Director of the Federal Housing Finance Agency, after Senate Majority Leader Mitch McConnell, R-Ky., deployed a controversial rules provision to speed judicial and executive nominations through the chamber.
Senate Approves Calabria FHFA Nomination After Deploying ‘Nuclear Option’
The Senate last week approved Mark Calabria as Director of the Federal Housing Finance Agency, after Senate Majority Leader Mitch McConnell, R-Ky., deployed a controversial rules provision to speed judicial and executive nominations through the chamber.
Senate Approves Calabria FHFA Nomination After Deploying ‘Nuclear Option’
The Senate last week approved Mark Calabria as Director of the Federal Housing Finance Agency, after Senate Majority Leader Mitch McConnell, R-Ky., deployed a controversial rules provision to speed judicial and executive nominations through the chamber.
CMBS Defeasance Volume Rebounds
Commercial mortgage-backed securities defeasance volume rebounded last year after a two-year decline, reported Moody’s Investors Service, New York.
MBA, Trade Groups Urge House to Reject Carried Interest Bill
The Mortgage Bankers Association and more than a dozen industry trade groups sent a joint letter to Capitol Hill urging that House to reject legislation that would end capital gains treatment of carried interest.
MISMO Recommends DMN Standard
MISMO, the mortgage industry’s standards organization, recommended use of the Decision Model and Notation standard for documentation, implementation, execution and exchange of business rules and decisions across the mortgage industry.
Fannie Mae Issues Guidelines for Non-Citizen Borrowers, Including DACA
Fannie Mae, Washington, D.C., on Mar. 22 posted Fact Sheet clarifying how to determine eligibility for non-citizen borrowers, including immigrants who participate in the Deferred Action for Childhood Arrivals (DACA) program, known as “Dreamers.”
Remodeling Poised for Short-Term Growth
With the spring home buying season showing some signs of promise–but with construction still at depressed levels–several reports suggest many would-be move-up homeowners are turning to remodeling in the short term.