MBA: IMB 4Q Production Profits Fall to 3-Year Low
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,099 on each loan they originated in the fourth quarter, its lowest level in three years, the Mortgage Bankers Association reported last Tuesday.
MBA: CMF Mortgage Debt Outstanding Reaches New High
Commercial/multifamily mortgage debt outstanding at year-end 2021 rose by $287 billion (7.4 percent) from the previous year, the Mortgage Bankers Association reported Wednesday.
MISMO Creates ESG Initiative Focused on Standardizing Disclosure of Flood Risks; Seeks Comment on New Adverse Action Notice Dataset
MISMO®, the real estate finance industry standards organization, seeks participants for an initiative focused on standardizing disclosure of flood risks. Separately, MISMO seeks public comment on a proposed Adverse Action Notice Dataset.
FHFA: More than 6.3M Homeowners Helped Since Conservatorship
The Federal Housing Finance Agency released its fourth quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 153,793 foreclosure prevention actions during the quarter
