Category: News and Trends

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

Zillow Inc., Seattle, said homeowners and renters will put nearly $40 billion in tax savings resulting from recent tax reform legislation directly into the American housing market this year, either in the form of home renovations or buying or renting larger homes.

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac completed 356,003 refinances in the first quarter, down by nearly 22 percent from the fourth quarter.

Following a brief increase in March, the commercial mortgage-backed securities delinquency rate resumed its downward trajectory in April, reported Trepp, New York.

Home buyers with a lower credit score pay thousands of dollars more for the same home than a buyer with an excellent credit score, said Zillow Inc., Seattle.

The Mortgage Bankers Association released a new consumer-facing information brochure, Disaster Recovery: A Resource for Homeowners, available for use by all MBA members, counseling groups, government agencies and organizations that offers assistance and advice to homeowners in the aftermath of a natural disaster.

A rise in non-traditional or no income borrower documentation has led to significant variation in the credit risk of recently originated investor property loans in U.S. residential mortgage-backed securities deals, said Fitch Ratings, New York.

In the wake of the housing crisis, single-family homes grew to more than one-third of U.S. rental stock nationwide. Now, says the Joint Center for Housing Studies at Harvard University, that dramatic growth has stabilized.