Category: News and Trends

Despite a triple whammy of summer hurricanes, along with California wildfires that drove up mortgage delinquencies toward year-end, the overall rate of mortgage delinquencies and foreclosures fell in 2017, said Black Knight, Jacksonville, Fla.

A survey from LendEDU, Hoboken, N.J., found little more than half of consumers who take out home equity loans use those funds for home improvement projects.

A bill introduced this week in the Senate would restore captive insurance companies’ membership in the Federal Home Loan Bank system, a provision strongly supported by the Mortgage Bankers Association.

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.

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.

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.

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.

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, 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.

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.