Dozens of Mortgage Conferences Scheduled for Q1
Dozens of mortgage-related events scheduled for the first-three months of 2018 will cover a range of topics including secondary marketing, servicing and women in real estate finance.
Day 1 Certainty Cuts Loan Origination Turnaround
Mortgage bankers that utilize the Federal National Mortgage Association's Day 1 Certainty can cut there turnaround by as much as a third.
15-Month High for Ginnie's HMBS Issuance
Although overa1l issuance eased at the Government National Mortgage Association, issuance of reverse mortgage securities was the highest it's been in 15 months.
New Post-Crisis High for Mortgage Credit Conditions
Home lenders were more flexible with loan approvals last month than at any time since the financial crisis. Jumbo conditions eased most as investor offerings expanded.
Fannie's Multifamily Lates Climb to 7-Month High
Monthly secondary marketing activity at the Federal National Mortgage Association turned lower. In its commercial business, delinquency deteriorated on apartment loans.
Freddie Leads Agency MBS Issuance Higher
Freddie Mac was out front of a month-over-month ascension in the issuance of agency mortgage-backed securities. It was a different story for Ginnie Mae.
Mortgage Production Profits Sink
While home lenders experienced an increase in average origination fees, quarterly net income still was down. Secondary marketing income drove quarter-over-quarter deterioration.
Warehouse Lender to Accept Digital Notes
A change in one warehouse lender's funding process through the utilization of digital notes is expected to speed up the mortgage funding process by days.
New Business Jumps to 2017 High at Freddie
It's been nearly a year since secondary mortgage activity at the Federal Home Loan Mortgage Corp. was as strong as it was last month.
Bigger Increase in Conforming Limit for 2018
After being raised for the first time in more than a decade, next year's conforming loan limit has been lifted by nearly $30,000 -- far more than the previous increase of over $7,000.