In East Bay real estate terminology, short sales refer to the house being sold lesser than the mortgage owed by the seller. The house will only be for short sale with the lender’s approval. It is a tedious process which requires a lot of paper works and the decision might take a year.
Are you nearing retirement? Are you looking to just rent a house once you retire? Such a decision will give you’re a number of benefits. However, there are also some things that you may need to sacrifice if you choose to rent.
Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2019.
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors®. Each of the four major U.S. regions saw a drop-off in sales
Ginnie Mae announced today that investors in Ginnie Mae mortgage securities backed by Home Equity Conversion Mortgages (HECMs) can now take advantage of a new Platinum securities execution — the Home Equity Conversion Mortgages Backed Security (HMBS) Platinum securitization channel.
WASHINGTON, D.C. — (RealEstateRama) — Mortgage applications decreased 3.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications...
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $367 on each loan they originated in 2018, down from $711 per loan in 2017, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report.
Commercial and multifamily mortgage bankers closed a record $573.9 billion in loans in 2018, according to the Mortgage Bankers Association's (MBA) 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $27.331 billion in March. A breakdown of February issuance includes $26.452 billion of Ginnie Mae II MBS and $879 million of Ginnie Mae I MBS, which includes $782 million of loans for multifamily housing
Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 5, 2019.
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2019 shows mortgage applications for new home purchases increased 7 percent compared to a year ago.
Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the Senate confirmation of Mark Calabria to be Director of the Federal Housing Finance Agency
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
It is difficult enough getting on the property ladder with the rising cost of homes in the UK, but when you are just starting out, credit is going to be a huge concern! Whether you are a newly married couple looking to buy your first home or a person with some amount of history (employment and credit),
Mortgage applications increased 18.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2019.
The Mortgage Bankers Association's (MBA) fourth quarter of 2018 Commercial/Multifamily DataBook is now available. The report summarizes major trends that developed during the fourth quarter of 2018.
Ginnie Mae’s Director of Single-Family Securitization to Speak at Information Management Network’s Technology Solutions...
Roy Hormuth, Ginnie Mae’s Director of Single Family Securitization, will be attending and speaking at the Information Management Network’s sixth annual Residential Mortgage Servicing Rights Conference
Real estate is one of the most preferred routes to growing your wealth. That’s perhaps the most common dictum out there that you have heard. There is no doubt that it has brought wealth to many and the real estate route has made some of the world’s wealthiest people. Done well, there is no better route than to get your cash into real-estate.
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2018
National Housing Conference statement on the President’s memorandum on federal housing finance reform
The President’s Memorandum on Federal Housing Finance Reform raises important questions, said David M. Dworkin, president and CEO of the National Housing Conference (NHC). “How we answer them will impact 1/6 of the economy and the housing of nearly every American.