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09/19/2018 August New Home Purchase Mortgage Applications Decreased 4.6 Percent Year over Year
WASHINGTON, D.C. (September 14, 2018) - The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for August 2018 show mortgage applications for new home purchases decreased 4.6 percent compared to August 2017. Compared to July 2018, applications decreased by two percent. This change does not include any adjustment for typical seasonal patterns.
09/19/2018 ADFINET UPDATES

Click link above for more of the latest updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Reminders on Servicing Mortgages Impacted by Eligible Disasters

Freddie Mac Update-08/31/18, entitled Updates for Cash Executions

Bulletin 2018-13, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Lender Letter LL-2018-04 , regarding Disaster Policy Reminders and Updates

Servicing Guide Announcement SVC-2018-05, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2018-06, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of December 19, 2017

Fannie Mae DU Release Notes for Lenders , Release Date of July 24, 2018

FHA HAS RELEASED:

Housing Notice HN 2018-07 , entitled Cancellation of Structural Engineering Bulletin Nos.: 518 Rev. 8, 1091 Rev. 6, 1120 Rev. 4, and 1122 Rev. 2

Mortgagee Letter 2018-05 , entitled Updated Loss Mitigation for mortgagees servicing mortgage loans for borrowers with FHA-insured mortgages whose property and/or place of employment is located in Puerto Rico or Virgin Islands

GINNIE MAE HAS RELEASED:

APM 18-05, entitled Periodic Maintenance and Miscellaneous Announcements APM

MPM 16-01, entitled Notice Regarding Ginnie Mae Reviews of Collateral Modifications of Multifamily and Healthcare Loans Backing Ginnie Mae MBS in REMICs

VA HAS RELEASED:

Circular 26-18-16, entitled Special Relief Following Maine Severe Storm and Flooding

09/18/2018 Why are more seniors holding onto mortgage debt?
Housingwire.com by Jessica Guerin - Fewer older homeowners are paying off their mortgages in retirement, and some are worried the trend may have a lasting impact on the financial health of the Baby Boomer generation.
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