The Ticker

FHFA: Mortgage interest rates continued falling in July

Multiple indices show drop in interest rates
As readers of HousingWire well know, mortgage interest rates trended lower over the last few months, especially in the wake of the United Kingdom’s vote to leave the European Union. A new report from the Federal Housing Finance Agency provides more evidence of the decline in mortgage interest rates, as several indices reviewed by the FHFA show that mortgage rates fell in July.
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All eyes on real estate in S&P stock launch

Real estate sector now accounts for 3.5% of global equities market
After 17 years of getting tossed into the mix with banks and insurance firms, real estate stocks are getting their own sector to call home on Sept. 1, 2016. The big reason behind this change? Real estate companies are now a much big player in the stock market, and now the whole market gets to see how.
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Mid America Mortgage to correspondent lenders: We'll buy your eNotes

Recent survey showed dearth of willing investors in digital mortgages
A recent survey conducted by Fannie Mae and Freddie Mac showed that one of the obstacles preventing the mortgage industry from going fully digital is a lack of investors willing to buy digitally created mortgages. But now, there’s one more investor willing to buy a digital mortgage note.
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Hillary Clinton reportedly adds former CFPB assistant director Rohit Chopra to transition team

Politico: Outspoken critic of student loan debt issue set to join Clinton's team
Hillary Clinton, the former Secretary of State and current Democratic nominee for president, is adding one of Sen. Elizabeth Warren’s close allies and a former executive at the Consumer Financial Protection Bureau to her transition team as she prepares for the coming election.
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MBA president: The next President needs a housing policy director

Time to turn the page in housing
It’s time to turn a new page for housing when it comes to policy making, according to the Mortgage Bankers Association president and CEO. While the past eight years have been spent recovering from the recession, it is now time to move on, and this could include creating a new housing policy director.
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Moody’s: New GSE mortgage application positive for mortgage bonds

"Will lead to stronger loans"
Despite some disagreement in the industry, the recently announced redesigned Uniform Residential Loan Application, the standardized form used by borrowers to apply for a mortgage, should be a strong benefit to the industry. Although the industry is divided on the positive impact of the redesigned form, this new reports explains why it is, in fact, a good thing.
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