Real Estate Roundtable....Top News Makers in Real Estate for Jan 2016

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Jayson Bates

602-573-3101

Follow for live streaming https://blab.im/JaysonBates

http://www.valleyofthesunrealestateshow.com/

All things news stories for Jan 2016

http://nationalmortgageprofessional.com/blog/news-namb-january-21-2016

Will Mortgage Deductions remain Sacred…Candidates weigh in

http://www.foxnews.com/politics/2016/01/20/will-mortgage-deduction-remain-sacred-gop-candidates-float-changes.html

Consumer-Direct Mortgage Lending Is Dead

http://www.nationalmortgagenews.com/news/voices/consumer-direct-mortgage-lending-is-dead-1070266-1.html

FHA to Cut Multifamily Insurance Rates

http://www.housingfinance.com/finance/fha-to-cut-multifamily-insurance-rates_o

KB Home Sees Demand Surge Among Millennial, ‘Boomerang’ Buyers

http://www.nationalmortgagenews.com/news/origination/kb-home-sees-demand-surge-among-millennial-boomerang-buyers-1069453-1.html

Problems in HUD as Julian castro see it (minute 7:00 to 7:49, 8:26 to 9:16, 10:07 to 10:23)

Foreclosure Inventory Falls to Pre-Recession Lows: CoreLogic

http://www.nationalmortgagenews.com/news/servicing/foreclosure-inventory-falls-to-pre-recession-lows-corelogic-1069658-1.html

NMLS Reports No Growth in State-Licensed Companies

State licensed mortgage companies actually lost .3% as of the last NMLS report. There are only 15,837 state-licensed companies nationwide. Branches grew 2.9% over the previous year. The number of originators grew by 2% to 130,284 vs. 405,738 federally registered originators. Banks often register everyone since it requires no real expense since they are exempt from continuing education and state licensing fees. The takeaway is that people don’t want to start a mortgage business. Wonder why?

Goldman Sachs to pay $5 billion in mortgage settlement

http://www.ocregister.com/articles/billion-699929-goldman-reached.html

Chase 4Q Mortgage Earnings Down 21% on Lower Revenue

http://www.nationalmortgagenews.com/news/origination/chase-4q-mortgage-earnings-down-21-on-lower-revenue-1069842-1.html

B of A Mortgage Income Drops 26% in Fourth Quarter

Homedisclosure.com

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Real Estate Roundtable....Top News Makers in Real Estate for Jan 2016