Category: News and Trends

This year marks the end of the so-called “wall” of commercial and multifamily mortgage maturities stemming from 10-year loans made in 2006 and 2007.

The Mortgage Bankers Associaton’s Mortgage Action Alliance issued a Call to Action yesterday, urging its members to support newly introduced legislation that would curb congressional use of credit guaranty fees, also known as g-fees.

DALLAS–Even with the default crisis behind us, servicers large and small, bank and independent, struggle with cost containment.

Fannie Mae, Washington, D.C., and Freddie Mac, McLean, Va., finished 2016 with more than $112 billion in combined multifamily volume.

In an appearance Feb. 24 on CNBC’s Squawk Box, Mortgage Bankers Association President and CEO David Stevens, CMB, said he was encouraged by Treasury Secretary Steven Mnuchin’s comments favoring a legislative solution the government-sponsored enterprises.

DALLAS–Even with the default crisis behind us, servicers large and small, bank and independent, struggle with cost containment.

DALLAS–Even with the default crisis behind us, servicers large and small, bank and independent, struggle with cost containment.

CoreLogic, Irvine, Calif., reported completed foreclosures in December fell by 40 percent from a year ago and by 82 percent from its recession peak in 2010.

Clear Capital, Reno, Nev., said the number of housing markets with record-high prices continues to grow even as some markets turn negative.

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.