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CSBS

CSBS: Fed Should Establish Liquidity Facility to Support Mortgage Servicers

National
Conference of State Bank Supervisors President and CEO John W. Ryan today sent a letter to Federal Reserve Board Governor Jerome Powell and U.S. Treasury Secretary Steven Mnuchin encouraging the creation

Coronavirus lending 101: How hard money can help

National
The Coronavirus has thrown the economy off a cliff leaving many equity rich property owners with no cash flow. The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down. Property owners are still on the hook to pay their mortgage and expenses on the property (taxes, insurance, maintenance, etc…). What do you need to know to get funding?

Operation HOPE to Provide Virtual Financial Recovery Support to Individuals and Small Businesses Affected...

National
Operation HOPE today announced that it has activated HOPE Inside Disaster for individuals and small businesses to receive free virtual financial recovery support in response to the nationwide economic impact of the new coronavirus, COVID-19.
MBA

February New Home Purchase Mortgage Applications Increased 25.9 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2020 shows mortgage applications for new home purchases increased 25.9 percent compared from a year ago. Compared to January 2020
MBA

Commercial/Multifamily Mortgage Debt Grows in the Fourth Quarter of 2019

National
The level of commercial/multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding
MBA

Mortgage Credit Availability Decreased in February

National
Mortgage credit availability decreased in February 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.
HUD InspectorGeneral

Union County Man Arrested For Mortgage Fraud And Defrauding The Orange Public Library

National
A Union County, New Jersey, man was arrested today by federal agents on charges of mortgage fraud and scheming to defraud the Orange Public Library, U.S. Attorney Craig Carpenito announced.
MBA

Mortgage Credit Availability Decreased in December

National
Mortgage credit availability decreased in December 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
MBA

Commercial and Multifamily Mortgage Delinquencies Stay Low in the Fourth Quarter of 2019

National
Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2019, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily
Professional mortgage broker

Top 7 tips when looking for a professional mortgage broker

National
In a digital world, finding a home loan can be tricky. There are so many options out there, how do you know the best one for you? This is where hiring a professional mortgage broker can save you a tonne of time, and money! Read on to find out our top seven
HUD InspectorGeneral

Mortgage Short Sale Negotiator Sentenced for Defrauding Mortgage Lenders

National
The principal and co-founder of a North Andover mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out of nearly $500,000 in proceeds from about 90 short sale transactions
MBA

Michael P. Flood Named Senior Vice President of Commercial/Multifamily Policy and Member Engagement

National
The Mortgage Bankers Association (MBA) announced today that Michael P. Flood has been named Senior Vice President of Commercial/Multifamily Policy and Member Engagement.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.130 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $57.85 billion in January, providing financing for more than 223,938 homeowners and renters.
MBA

January New Home Purchase Mortgage Applications Increased 35.3 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.
Commercial Mortgage Broker

What are the Advantages of Using a Commercial Mortgage Broker

National
If you are planning to make a high-end investment like buying a commercial property, you need a commercial mortgage broker. Purchasing a business property or investing in a commercial real estate requires a lot of planning and financing. Aside from that

Preparing to Buy Property for First-Timers

National
Real estate can be an excellent investment whether you plan to own several properties or you are simply looking for a home of your own. However, if you have always been a renter, you might feel like the hurdles to buying your own home or starting to invest in real estate are overwhelming. You might not know how to find the right property, how you will afford it or what kind of steps you need to take to put the whole process in motion.
MBA

Mortgage Delinquencies Decrease in Fourth Quarter of 2019

National
The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019

5 Questions to Ask Yourself Before You List Your House

National
Selling your home is a big decision and can be a massive undertaking. If you are thinking or planning on listing your home in the future, here are five questions to ask yourself before you register your home.
MBA

Mortgage Credit Availability Decreased in January

National
 Mortgage credit availability decreased in January 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.
Ginnie Mae

Ginnie Mae Executives to Discuss Housing Finance Reform and Counterparty Risk at Mortgage Bankers...

National
Ginnie Mae executives are scheduled to deliver presentations next week at the Mortgage Banker’s Association’s (MBA) Independent Mortgage Bankers conference updating the mortgage industry

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Hardwood Floors in Your Home

11 Solid Benefits of Hardwood Floors in Your Home

Are you replacing floors in your home but can’t decide whether carpet, tile, or wood is the best option? Even though the choice is difficult, hardwood flooring has several advantages over other surfaces.