This topic consolidates the heartbeat of today's mortgage banking environment with news stories relevant to the financial compliance industry.
Mortgage Bankers Association
The Mortgage Bankers Association asked the Senate to approve Marcia Fudge as HUD Secretary.
Mortgage Bankers Association
For 60-day, MISMO is looking for public comment on the MISMO Life of Loan business Model and MISMO Engineering Guidelines (MEG) 3 and 6.
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Mortgage Professional America – Candyd Mendoza
PCMA launches its new advertising campaign to try and reach more affluent and high net worth borrowers.
Housingwire--Alex Roha
The average 30 year fixed interest rate increased 5 basis points last week to 3.02%, marking the first time since July rates have been over 3%.
Mortgage Bankers Association
According to the Mortgage Bankers Association, Commercial/Multifamily Delinquency Report for the fourth quarter, delinquency rates for mortgages backed by commercial and multifamily properties decreased in February.
M Report -- Christina Hughes Babb
According to a report from Redfin, single women purchased 9% more homes in the fourth quarter than a year ago, compared with a 4.5% increase for single men.
Mortgage News Daily – Matthew Graham
February 2021 was one of the six months where the mortgage rates increased at least 50 basis points in the past twenty years.
Mortgage Professional America – Candyd Mendoza
CoStar Group, a commercial property data firm, announced it had added another $450 million in its bid to purchase CoreLogic.
DS News – Eric C. Peck
The Urban Institute has published a study, “Credit Health During the COVID-19 Pandemic,” assessing the credit data and health of communities nationwide throughout the pandemic.
DS News -- Christina Hughes Babb
For the second consecutive week, the number of mortgages in forbearances increased, according to Black Knight.
DS News -- Christina Hughes Babb
For the first time in American history, real estate agent commissions are about to become public information.
DS News -- Christina Hughes Babb
Researchers expect interest in homeownership among Hispanic Americans will soar by 2040.
Mortgage Bankers Association
According to the National Association of Realtors, pending home sales dropped in January.
Mortgage Bankers Association
According to Attom Data Solutions’ Vacant Property and Zombie Foreclosure Report, 175,000 vacant properties entered the foreclosure process in the 1st quarter of 2021.
