Tag Archives: Investors

The Mortgage Bankers Association's (MBA) Mike Fratantoni has been appointed chief economist following the departure of Jay Brinkmann.

The dollar volume of homes donated or sold at a discount through JPMorgan Chase's Community Revitalization Program has crossed the $250 million mark, the bank announced Thursday.

Overall, Fannie's outlook is "largely unchanged from the previous forecast," although "fiscal uncertainties associated with the federal government shutdown, the protracted negotiations to raise the debt ceiling, and the timing of the Federal Reserve's tapering of its asset purchase program, pose significant downside risks to economic activity in the current quarter," said Doug Duncan, chief economist at Fannie Mae. As such, the GSE is revising its forecasted GDP growth for this year from 2 percent to 1.9 percent.

DebtX, based in Boston, Massachusetts, has partnered with SEBA Professional Services will sell a $5 billion portfolio of non-performing residential loans for HUD.

Purchase share continued to inch up in September as refinances receded, according to data presented by Ellie Mae in the company's Origination Insight Report.

Sentiment is "cautiously optimistic" surrounding the future of the nation's economy, although the federal government shutdown was cause for some concern, according to the Federal Reserve's Beige Book released Wednesday. Revealing economic conditions in each of the Federal Reserve's 12 districts, the report found "modest to moderate" economic expansion over the reporting period from August 27 through October 7. Reports of the housing market were generally positive, with most markets growing--or at least not faltering.

The Mortgage Industry Standards Maintenance Organization (MISMO) announced Wednesday the release of its Residential Reference Model Version 3.3 for public comment.

Mortgage rates broke their streak of weekly declines, climbing this week as the federal budget deadline approached.

The Mortgage Bankers Association (MBA) has appointed Tricia Migliazzo as VP of membership for the association's Residential Policy & Member Services Group.

The once-volatile housing market is making strides toward equilibrium, according to a new report from Realtor.com.