Mortage News

Mortgage Bankers Association (MBA) President and CEO David H. Stevens has spent the last two weeks on Twitter slam against President Trump
MBA’s Stevens Rips Trump on Twitter
Mortgage Bankers Association (MBA) President and CEO David H. Stevens has spent the last two weeks on Twitter slam against President Trump, using the social media channel to highlight negative media coverage and insulting comments aimed at... Read more
While the House of Representatives and the Senate seek to combine their respective tax reform bills into a single piece of legislation, the Data and Analytics Division of Black Knight Inc. has voiced concern that the standard deduction, mortgage interest
Black Knight: Tax Reform Could Constrain Housing
While the House of Representatives and the Senate seek to combine their respective tax reform bills into a single piece of legislation, the Data and Analytics Division of Black Knight Inc. has voiced concern that the standard deduction,... Read more
Two of the leading trade associations covering housing have very different opinions on the after-effects of the newly-passed Republican tax reform bill
MBA, NAR Offer Dueling Opinions on Senate Tax Bill
Two of the leading trade associations covering housing have very different opinions on the after-effects of the newly-passed Republican tax reform bill.   The Mortgage Bankers Association (MBA) welcomed the bill’s passage and praised the... Read more
NAMB has called on its membership to lobby the U.S. Senate into rejecting the Republican tax reform bill in its current state
NAMB Calls for Rejection of Senate GOP Tax Bill
NAMB has called on its membership to lobby the U.S. Senate into rejecting the Republican tax reform bill in its current state.   In a letter to the organization’s members, NAMB President John G. Stevens argued that the legislation “will... Read more
While Jeff Bezos keeps the commercial real estate world on edge in choosing the second headquarters city for Amazon, the folks at Redfin decided to help another prominent entrepreneur—in this case, Santa Claus, pick a second North Pole
If Santa Claus Was Choosing a Second North Pole HQ …
While Jeff Bezos keeps the commercial real estate world on edge in choosing the second headquarters city for Amazon, the folks at Redfin decided to help another prominent entrepreneur—in this case, Santa Claus, pick a second North Pole... Read more
The national median price of a one-bedroom apartment was $1,040 in December, a 2.4 percent increase from January’s $1,016, according to new data from ABODO
Apartment Rents End 2017 on a Higher Note
The national median price of a one-bedroom apartment was $1,040 in December, a 2.4 percent increase from January’s $1,016, according to new data from ABODO.   Newark, N.J., recorded the greatest month-over-month increase in December, the... Read more
The co-authors of the Dodd-Frank Act reunited to condemn a federal court’s ruling that President Trump had the right to appoint an Acting Director at the Consumer Financial Protection Bureau (CFPB)
Dodd and Frank Criticize Court Ruling on CFPB Leadership
The co-authors of the Dodd-Frank Act reunited to condemn a federal court’s ruling that President Trump had the right to appoint an Acting Director at the Consumer Financial Protection Bureau (CFPB).   In a media call sponsored by the left-... Read more
NewDay USA has named Gaurav Bhatia as its new Chief Digital Officer
NewDay USA Serves 1,000-Plus Veteran Families in October
NewDay USA has announced that it has provided mortgages to a record 1,170 veteran families in October. The company also achieved record loan volume of $265.6 million for the month, its highest monthly loan volume since the company was... Read more
Norcom Mortgage has opened its third branch in Massachusetts, located in Belchertown, Mass. to be led by Miranda Ronke-Czarniecki
Norcom Mortgage Opens Third Massachusetts Branch
Norcom Mortgage has opened its third branch in Massachusetts, located in Belchertown, Mass. to be led by Miranda Ronke-Czarniecki, an 18-year veteran of the mortgage industry, who has been appointed Branch Manager. Prior to joining Norcom... Read more
The third quarter was a somewhat less profitable period for independent mortgage banks and mortgage subsidiaries of chartered banks, according to new data from the Mortgage Bankers Association (MBA)
Q3 Independent Mortgage Bank Production Profits Down
The third quarter was a somewhat less profitable period for independent mortgage banks and mortgage subsidiaries of chartered banks, according to new data from the Mortgage Bankers Association (MBA).   The trade group’s latest Quarterly... Read more