The Mortgage Bankers Association, in response to numerous inquiries from its members, asked HUD to align its re-inspection policies with those of the GSEs and other federal agencies in the wakes of Hurricanes Harvey and Irma.
Category: News and Trends

Black Knight: Irma Affects 3.1M Mortgaged Properties with $517B UPB
Black Knight, Jacksonville, Fla., said its preliminary assessment of potential mortgage-related impact from Hurricane Irma shows more than 3.1 million mortgaged properties in Irma disaster areas, representing $517 billion in unpaid principal balances.

CMBS Issuance, Spreads Increase
Private-label commercial mortgage-backed securities issuance volume remained strong through August with $9.9 billion priced, reported Kroll Bond Rating Agency, New York.

Administration Nominates Montgomery as FHA Commissioner
The Trump Administration’s nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.

RIHA Releases Special Report on Managing Mortgage Product Development Risk
The Mortgage Bankers Association’s Research Institute for Housing America released a new special report, Managing Mortgage Product Development Risk.

CMBS Issuance, Spreads Increase
Private-label commercial mortgage-backed securities issuance volume remained strong through August with $9.9 billion priced, reported Kroll Bond Rating Agency, New York.

Administration Nominates Montgomery as FHA Commissioner
The Trump Administration’s nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.

RIHA Releases Special Report on Managing Mortgage Product Development Risk
The Mortgage Bankers Association’s Research Institute for Housing America released a new special report, Managing Mortgage Product Development Risk.

CMBS Issuance, Spreads Increase
Private-label commercial mortgage-backed securities issuance volume remained strong through August with $9.9 billion priced, reported Kroll Bond Rating Agency, New York.

MBA Seeks ‘Balance’ for GSE Single-Family, Multifamily Affordable Housing Goals
The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, said affordable housing goals for Fannie Mae and Freddie Mac should ensure sustainable housing for low- and very low-income households, they should be balanced with and accompany other tools and objectives.