ACES Risk Management, Pompano Beach, Fla., released its Mortgage QC Trends Report for second quarter 2017, noting the critical defect rate increased for the third consecutive quarter.
Category: News and Trends
CSBS Head: IMBs Should Expect ‘Reasonable,’ ‘Robust’ Supervision
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.
CSBS Head: IMBs Should Expect ‘Reasonable,’ ‘Robust’ Supervision
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.
CSBS Head: IMBs Should Expect ‘Reasonable,’ ‘Robust’ Supervision
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.
CMBS Payoffs Likely to Increase
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: U.S. Housing Market Gains Back All $9 Trillion in Value Lost During Recession
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.
‘An Extraordinary Time’ for IMBs
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.
90-Day Delinquencies Jump Again as Hurricane Fallout Continues
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.
‘An Extraordinary Time’ for IMBs
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.
‘An Extraordinary Time’ for IMBs
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.