Category: News and Trends

DALLAS–After years of turbulence, the mortgage servicing industry finds itself in relatively stable condition. Mortgage Bankers Association J. David Motley, CMB, says now is the time for servicers to plan for the next rough period.

DALLAS–Roger Staubach has had a great career. Five of them, in fact.

DALLAS– Listening to customers can improve the bottom line of your servicing operations. But how you listen to customers is more important.

The Federal Housing Finance Agency extended a deadline for stakeholder input on potential manufactured home chattel loans pilot initiatives for Fannie Mae and Freddie Mac as part of the Duty to Serve underserved markets until Mar. 21.

The commercial mortgage-backed securities delinquency rate could rise in 2017 due to a “sharp” increase in newly delinquent CMBS loans–many of which will default at or near maturity–said Morningstar Credit Ratings, Chicago.

Fitch Ratings, New York, said a reduction in the U.S. corporate tax rate from the current federal statutory rate of 35 percent could present Fannie Mae and Freddie Mac with significant deferred tax asset write-downs.

The Mortgage Bankers Association released a new MBANow video on YouTube featuring MBA Chairman Rodrigo Lopez, CMB, who discusses the new MBA paper, GSE Reform Principles and Guardrails.

ATTOM Data Solutions, Irvine, Calif., said the share of distressed single-family home and condo sales fell in 2016 to the lowest level in nine years.

Commercial property market supply-demand fundamentals held steady in the third quarter, reported Moody’s Investors Service, New York.

Getting a refund leads to fantasies about a vacation, a newer vehicle, some household purchases. But for others, a refund is a means of getting current on their mortgage.