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Sep 14-17, 2020|
Mortgage applications increased 3.9% from one week earlier as another week of record low rates drew more borrowers into the market, according to the Mortgage Bankers Association.
November 25
2 Min Read
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The year-over-year increase in monthly page views for properties hit a high for the year in large metropolitan areas as gains in rural locations decelerated.November 25
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Bee Mortgage App will use blockchain and automation provided by Elphi to create "a COVID tool for real estate agents" to get fully digital mortgage approval in under three minutes.November 25
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The price increase illustrates the extent to which federal rescue programs and a supply-demand imbalance have been counterweights to economic pressures from the pandemic.November 24
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The insurance company has previously sponsored three securitizations of reperforming/nonperforming loans since 2017.November 24
Future of Cities
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The greatest risks and potential for permanent change reside in the nation’s largest cities, ones with an outsized influence over its economy and finances.
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The COVID-19 pandemic has pummeled the segments of the American economy tied to public gatherings. For the cities and industries most reliant on bringing people together, adaptation and perseverance will be critical.
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Even before COVID-19, urban economists and planners were pointing to a trend of suburbanization of job growth. That could now accelerate, with employers at an inflection point to assess their future needs.
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The coronavirus pandemic was something no local government could have anticipated. But it’s also raising serious concerns about cities’ preparedness for other difficult-to-predict challenges.
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Former HUD Secretary Henry Cisneros and Regional Plan Association president Tom Wright join The Bond Buyer for a discussion on the ways life and work in American cities are being altered by the pandemic — and future challenges it illuminates.
More so than their colleagues nationwide, originators in the Southeast are concerned about how supply impacts their business.
Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations.
Buying power for many consumers is hampered and some originators said that affects their ability to serve consumers.
The third annual survey seeks to identify and recognize the best employers in the industry.
CEO VanTrojen: Employees are the No. 1 client.
Conundrum for lenders: How to overcome top producers' tendency to stay put?
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San Diego home prices went up the third fastest in the nation in September and appreciated at a pace not seen in more than six years.November 25
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The Trump administration has compelled the Federal Reserve to shut down the Main Street Lending Program and other facilities that aid banks’ pandemic relief efforts, but President-elect Biden’s Treasury nominee could help turn the spigot back on.November 24
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The Structured Finance Association fears Treasury Secretary Steven Mnuchin may release the government-sponsored enterprises from conservatorship ahead of the change in administration, and that doing so could disrupt the mortgage-backed securities market.November 24
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Overall housing value growth continued in the third quarter, as some markets more than doubled the national average, according to the Federal Housing Finance Agency's Home Price Index.November 24
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The nine arraigned individuals face 136 counts of felony charges for allegedly running an advance fee mortgage relief scheme over the last decade, totaling $6 million.November 24
Capacity: An AI powered helpdesk automation platform
Capacity is a new kind of helpdesk, powered by artificial intelligence, that automates support for mortgage loan officers and borrowers.