Category: News and Trends

The Mortgage Bankers Association, in a letter to leaders in the Senate and House, urged support for two bills that would make key adjustments to the National Flood Insurance Program.

CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages (63 percent of all homeowners) saw their collective equity increase by $783 billion in 2016, an increase of 11.7 percent.

MetaSource, Salt Lake City, said a review of its post-close quality control audits in 2016 showed the Consumer Financial Protection Bureau’s TILA/RESPA Integrated Disclosure rule–also known as “Know Before You Owe”–accounted for 12 of the top 15 quality control issues for mortgage lenders.

Homeowner spending on remodeling is expected to see healthy growth through 2025, a new report from the Joint Center for Housing Studies at Harvard University said.

Reports from ACES Risk Management, Pompano Beach Fla., and First American Financial Corp., Santa Ana, Calif., offer mixed results on the state of mortgage loan defects.

The final year of the three-year commercial mortgage-backed securities ‘maturity wave’ of loans disbursed between 2005 and 2007 started out strongly, reported Morningstar Credit Ratings LLC, Chicago.

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.

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.

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.