January 2020 - Page 3 of 6 - Mortgage Ledger

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AG James Pushes Back On Proposal Allowing Predatory Lenders To Take Advantage Of New York’s Most Vulnerable Communities

Mortgage Ledger Staff2020-01-28T12:55:19-05:00

AG James Leads Bipartisan Coalition in Sending Letter Asking Federal
Banking Regulator to Withdraw Rule Facilitating ‘Rent-A-Bank’ Schemes

New York – New York Attorney General Letitia James today led a bipartisan coalition of attorneys general that included the attorneys general of California,

AG James Pushes Back On Proposal Allowing Predatory Lenders To Take Advantage Of New York’s Most Vulnerable CommunitiesMortgage Ledger Staff2020-01-28T12:55:19-05:00

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Consumers Lead Economic Expansion Toward 11th Year with Boost from Housing Construction

Mortgage Ledger Staff2020-01-28T13:08:44-05:00

Consumers Lead Economic Expansion Toward 11th Year with Boost from Housing ConstructionMortgage Ledger Staff2020-01-28T13:08:44-05:00

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MIG Market Watch, Week of January 20th, 2020

Mortgage Ledger Staff2020-01-20T12:23:53-05:00

MARKET COMMENT
Mortgage bond prices finished the week lower which put upward pressure on rates. There was a reverse of the flight to safety buying of MBSs Monday as tensions between the U.S. and Iran eased. Iran admitted they shot down

MIG Market Watch, Week of January 20th, 2020Mortgage Ledger Staff2020-01-20T12:23:53-05:00

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Dave Hershman – Why Predictions Don’t Work

Mortgage Ledger Staff2020-01-20T13:06:44-05:00

We spent the past few weeks presenting for you summaries of 2019 and predictions for 2020. Then, as we do every year, there is an event that reminds us that predicting the future is impossible. This year it is the

Dave Hershman – Why Predictions Don’t WorkMortgage Ledger Staff2020-01-20T13:06:44-05:00

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Recovery Added $11.3 Trillion to U.S. Housing Value in the 2010s

Mortgage Ledger Staff2020-01-19T15:39:04-05:00

The U.S. housing market is now worth $33.6 trillion

– Homes in California account for 21.2% of the country’s total housing value, more than the next three highest-valued states combined

– Three U.S. metros are worth more than $1

Recovery Added $11.3 Trillion to U.S. Housing Value in the 2010sMortgage Ledger Staff2020-01-19T15:39:04-05:00

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HUD AND CENSUS BUREAU REPORT RESIDENTIAL CONSTRUCTION ACTIVITY IN DECEMBER 2019

Mortgage Ledger Staff2020-01-19T15:07:22-05:00

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for December 2019.

[Residential Construction Graph]

Building Permits

Privately owned housing units authorized by

HUD AND CENSUS BUREAU REPORT RESIDENTIAL CONSTRUCTION ACTIVITY IN DECEMBER 2019Mortgage Ledger Staff2020-01-19T15:07:22-05:00

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Fannie Mae Multifamily Closes 2019 with Record Volume of More Than $70 Billion

Mortgage Ledger Staff2020-01-19T15:28:49-05:00

Fannie Mae Multifamily Closes 2019 with Record Volume of More Than $70 BillionMortgage Ledger Staff2020-01-19T15:28:49-05:00

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December New Home Purchase Mortgage Applications Increased 38.7 Percent

Mortgage Ledger Staff2020-01-19T15:24:54-05:00

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2019 shows mortgage applications for new home purchases increased 38.7 percent compared to December 2018. Compared to November 2019, applications decreased by 5 percent. This change does not

December New Home Purchase Mortgage Applications Increased 38.7 PercentMortgage Ledger Staff2020-01-19T15:24:54-05:00

HUD ANNOUNCES SECOND DISASTER RECOVERY GRANT AGREEMENT WITH PUERTO RICO, MAKING $8.2 BILLION AVAILABLE

Mortgage Ledger Staff2020-01-19T15:02:13-05:00

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today formally announced a grant agreement with Puerto Rico, making an additional $8.2 billion available to Puerto Rico to help with disaster recovery efforts.

“Now that proper financial controls are

HUD ANNOUNCES SECOND DISASTER RECOVERY GRANT AGREEMENT WITH PUERTO RICO, MAKING $8.2 BILLION AVAILABLEMortgage Ledger Staff2020-01-19T15:02:13-05:00

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NY Attorney General Announces Over $8 Million Grants To 10 Cities To Develop New Strategic Housing Programs

Mortgage Ledger Staff2020-01-19T15:19:04-05:00

Cities For Responsible Investment And Strategic Enforcement (“Cities RISE”)
Advance Neighborhood Revitalization and Help Cities Address Housing Challenges

Attorney General Letitia James today announced over $8 million in grant awards as part of the Cities for Responsible Investment and Strategic Enforcement (“Cities

NY Attorney General Announces Over $8 Million Grants To 10 Cities To Develop New Strategic Housing ProgramsMortgage Ledger Staff2020-01-19T15:19:04-05:00

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Fannie Mae’s Economic Theme for 2020: A Resilient Economy

The U.S. housing market is now worth $33.6 trillion

– Homes in California account for 21.2% of the country’s total housing value, more than the next three highest-valued states combined

– Three U.S. metros are worth more than $1

Fannie Mae provided more than $70 billion in

Cities For Responsible Investment And Strategic Enforcement (“Cities RISE”) Advance Neighborhood Revitalization and Help Cities Address Housing Challenges

Cities For Responsible Investment And Strategic Enforcement (“Cities RISE”)
Advance Neighborhood Revitalization and Help Cities Address Housing Challenges