This week’s Chart of the Week highlights the October Employment Situation results released Friday.
Category: News and Trends
Pamela Hamrick of Incenter Diligence Solutions: Elevating QC to a Growth Leader
Just before Labor Day, Fannie Mae instituted new prefunding quality control review requirements, leading to larger discussions of the financial impact of QC processes on mortgage lenders. MBA NewsLink asked Pamela Hamrick, President, Incenter Diligence Solutions, to elaborate.
To the Point With Bob: FSOC’s Bid to Regulate Non-Bank Firms Will Harm Consumers, Mortgage Sector
This spring, the Financial Stability Oversight Council (FSOC) issued a proposal that would remove procedural requirements and allow it to fast-track the designation of non-bank financial companies as systemically important financial institutions (“SIFI”) subject to enhanced supervision by the Federal Reserve.
Servicing Quote Tuesday, Nov. 7, 2023
“The fourth quarter data should say more about whether residential equity in the U.S. has indeed topped out..”
–ATTOM CEO Rob Barber
‘Zombie’ Foreclosures Rise as Lenders Pursue More Delinquent Mortgages: ATTOM
Nearly 1.3 million residential properties in the United States are vacant, according to ATTOM, Irvine, Calif.
MBA NewsLink Multifamily Roundtable: High Rates, Stalled Rents and New Roofs
As uncertainty dominates discussions about getting deals done, MBA NewsLink convened three multifamily finance executives, Chad Musgrove, John Lloyd and Carl McLaughlin, to get their opinions on where the apartment industry sits and where it’s headed next.
MISMO Announces Governance Committee for 2024-2025
MISMO, the real estate finance industry’s standards organization, announced members of its Standards Governance Committees for a two-year term beginning in January 2024.
GDP Growth Rate Jumps in Third Quarter
U.S. economic growth showed a strong 4.9% pace in the third quarter, the U.S. Commerce Department reported Thursday.
CoreLogic: Historic Low for Delinquencies in August
CoreLogic, Irvine, Calif., found in its Loan Performance Insights Report for August that the overall mortgage delinquency rate was at 2.6%, a historic low.
Servicing Quote Tuesday, Oct. 31, 2023
“U.S. mortgage performance remained strong in August, supported by a robust job market and a healthy economy.”
–Molly Boesel, principal economist at CoreLogic