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: Even if Bonds Weren't Ignoring Data, They'd Still Be Confused
Posted To: MBS CommentaryThe bond market has a lot on its mind right now. 2019 is proving to be very different from other episodes of big, protracted rate trends. In most past instances, we can point … - Mortgage Rates Face Volatility Thanks to an Old Friend
Posted To: Mortgage Rate WatchMortgage rates didn't do much today, but risks are increasing that movement will be more brisk in the coming business days. Blame European politics–specifically: Br … - Single Family Construction Improves, Multi-Family Not So Much
Posted To: MND NewsWireAfter posting some of the best results in a year the previous month, all three construction indicators fell back in September . The U.S. Census Bureau and the Department of Hous … - MBS Day Ahead: Lots of Data, But All Eyes on Brexit
Posted To: MBS CommentaryYesterday saw a swath of Brexit headlines spark unavoidable bond market weakness just as a weaker reading in the important Retail Sales report suggested a rally. Offsetting pe … - Correspondent, Home Equity Products; Warehouse Facility For Sale; HUD and Flood Programs
Posted To: Pipeline Press52% of Agency biz (e.g., Freddie and Fannie) is first-time home buyers. Over at HUD, according to the Mortgage Bankers Association (MBA), first-time home buyers account for mo …
MortgageNewsDaily.com
- Harvard: Number of cost-burdened senior households hits all-time high
Over the next two decades, households in their 80s will be the fastest-growing age group, according to a recent study by the Joint Center for Housing Studies of Harvard University. With the increase i … - The hidden housing problem: There just aren’t enough houses on the market
For all the talk about how this year will be a great one for the mortgage business, there's a problem underlying all that good news: There are simply not enough houses on the market to keep up wi … - Former Fannie Mae strategic business and relationship manager appointed to role at FormFree
FormFree named former Fannie Mae Strategic Business and Relationship Manager Christy Moss as its director of partner relationships. With 30 years of experience in the mortgage industry, Moss will be l … - Median sale price of luxury homes in Palm Beach more than tripled in Q3
The median price of a luxury condominium and single-family home in Palm Beach, location of President Donald Trump’s Mar-a-Lago Club, more than tripled in the third quarter from a year earlier to a rec … - Cheap rates will push 2019 mortgage volume past $2 trillion, Fannie Mae says
Fannie Mae boosted its mortgage origination forecast past $2 trillion. The new estimate is just a few billion dollars shy of the $2.05 trillion lent in 2016, and if next month’s forecast sees an incre …
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