CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by nearly 12 percent year over year in the third quarter, representing a gain of nearly $900 billion.
Category: News and Trends
MBA Offers Support to ‘Common-Sense’ Regulatory Changes
Mortgage Bankers Association Chairman-Elect Chris George, in testimony yesterday before a House subcommittee, offered the association’s support for two bills he said offer “practical solutions to improve the efficiency of mortgage market regulations.”
MBA Offers Support to ‘Common-Sense’ Regulatory Changes
Mortgage Bankers Association Chairman-Elect Chris George, in testimony yesterday before a House subcommittee, offered the association’s support for two bills he said offer “practical solutions to improve the efficiency of mortgage market regulations.”
MBA Offers Support to ‘Common-Sense’ Regulatory Changes
Mortgage Bankers Association Chairman-Elect Chris George, in testimony yesterday before a House subcommittee, offered the association’s support for two bills he said offer “practical solutions to improve the efficiency of mortgage market regulations.”
Home Flipping Returns at Two-Year Low
Home flipping is still a lucrative business–just not quite as lucrative as it was a year ago.
Senate Committee Clears Regulatory Relief Bill
The Senate Banking Committee yesterday approved a Mortgage Bankers Association-supported bill that would offer substantial regulatory relief on a number of fronts.
FHFA Raises GSE Conforming Loan Limits
The Federal Housing Finance Agency last week raised maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac for the second year in a row.
Moody’s: CMBS Loss Severities Increase Slightly
Just more than 150 commercial mortgage-backed securities loans liquidated with a 42.8 percent weighted-average loss severity during the third quarter–up slightly from 42.5 percent in the quarter before–reported Moody’s, New York.
MBA: 3Q Independent Mortgage Bank Production Profits Down
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $929 on each loan they originated in the third quarter, down from $1,122 per loan in the second quarter, the Mortgage Bankers Association reported Thursday.
MBA: 3Q CMF Delinquencies Remain Low; Bank Delinquencies Match Lowest on Record
Delinquency rates for commercial and multifamily mortgage loans held steady in the third quarter, with delinquency rates for loans held in bank portfolios reaching a 24-year low, the Mortgage Bankers Association reported this morning.