In Case You Missed This!
Your Escrow Association of Washington wrote in support of LPO Board Chairwoman, Shelley Miner’s position opposing the Washington State Bar Association’s recommendation that the fee be raised more than 400%. Calling the new proposed fee of $453, “unreasonable and financially unnecessary,” and acknowledging that the fees had not been adjusted for a number of years, Chairwoman Miner’s letter to the WSBA instead endorsed the Bar’s own Budget and Audit Committee recommendation that the fee increase to $200. Click here to read the LPB’s entire letter in opposition.
HousingWire.com
- MBS RECAP: Jerky Knees After Fed
Posted To: MBS CommentaryToday brought the (not very) much-anticipated FOMC Minutes–a more detailed account of the conversation that transpired at the end of July when the Fed announced its rate cut. … - Mortgage Rates Pop Higher
Posted To: Mortgage Rate WatchMortgage rates moved higher today, and it had nothing to do with any of the day's events or news headlines. Quite simply put, the bond market (which dictates the rat … - Low Rates "Nudged" Existing Home Buyers NAR says
Posted To: MND NewsWireExisting home sales returned to an upward track in July after dipping 1.7 percent in June. The National Association of Realtors® (NAR) said pre-owned single-family homes, townho … - MBS Day Ahead: Consolidating Into Fed Minutes, But Not Because They Guarantee a Breakout
Posted To: MBS CommentaryIn the day just passed, a modest uptrend in yields was "defeated" from a technical standpoint. Yields broke below a trend-line marking "higher lows" that b … - Customer Retention, Broker Products; Yield Curve and Mortgage Rates
Posted To: Pipeline PressCongratulations to Hawaii which became a state fifty years ago today. We’ve had plenty of economic cycles, small and large, in fifty years, although in general rates have been …
MortgageNewsDaily.com
- Fannie Mae adds former FDIC Chair Sheila Bair to board of directors
With the company seemingly moving closer to being returned to its pre-crisis state as a private company, Fannie Mae is bringing on some serious banking experience to help guide the GSE’s future. Fanni … - Southwest sees fastest single-family rent increase
Last month, we reported that Phoenix led the nation in multifamily rent growth. Now, according to a recent report from CoreLogic, single-family homes are following suit as rent prices are increasing t … - Airbnb takes over 20% of housing in Arizona housing
Airbnb vacation rentals took over one city in Arizona, frustrating its citizens and causing business leaders to speak out. It is now estimated that about 1,000 homes, or 20% of the city’s total housin … - Mortgage Tech Rundown: AIME, LoanScorecard, and Shape Software
Mortgage Tech Rundown looks at the latest news in mortgage technology, featuring new product updates, integrations and announcements. Today we take a look at the latest fintech news from AIME, LoanSco … - Fed minutes show more rate cuts likely through 2020
The Federal Reserve released the minutes Wednesday from its July Federal Open Markets Committee meeting, showing that more rate cuts are likely through the end of 2020. But one expert points out the d …
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