Craig Phillips, Special Advisor to Treasury Secretary Steven Mnuchin, is leaving the administration. He will stay on until formal completion of the Treasury's portion of a Housing Reform Plan requested via a recent presidential Executive Order.
MBA Renames Leadership Award for Ohio's Collins
Dodd-Frank Update, May 20, 2019
Trump Says Looking at Alternatives to Fannie Mae, Freddie Mac
Reuters, May 17, 2019--Roberta Rampton
Ellie Mae Lays Off 10% of Its Staff after Recent Acquisition
National Mortgage News, May 17, 2019--Brad Finkelstein (subscription)
'We Were Willing to Shock Historical Norms:' Otting on OCC's Makeover
American Banker, May 19, 2019--Rachel Witkowski (subscription)
Government Watchdog: Ben Carson's Office Decor Spending Spree Violated Law
HousingWire, May 17, 2019
California Man Sentenced to 13 Years in Mortgage Fraud Scheme
National Mortgage Professsional, May 17, 2019
How Non-Qualified Lending Lives Up to Its 400% Growth Expectation
National Mortgage News, May 17, 2019--Paul Centopani (subscription)
How Much Is Free Advice Worth?
UExpress, May 17, 2019--Lew Sichelman
MBA Chart of the Week: Mortgage Delinquency Rates by Loan Type
MBA Research last week released first quarter 2019 results of its National Delinquency Survey. The overall delinquency rate rose from an 18-year low, to a seasonally adjusted rate of 4.42 percent.
Spring Home Sales 'Back on Pace' as Price Increases Moderate
RE/MAX, Denver, said April home sales finished just 1% below from a year ago as selling times shortened and tight inventory held steady.
The Week Ahead
NEW YORK--MBA NewsLink comes to you this week from the MBA National Secondary Market Conference & Expo at the Marriott Marquis in Times Square.
Loan Servicers Target Cyber Security Threats
LOS ANGELES--As cyber threats grow and evolve, loan servicers need to actively identify and neutralize attacks, panelists said here at the MBA Commercial/Multifamily Servicing and Technology Conference.
Dealmaker: Sims Mortgage Funding Closes $45M Hospital Loan
Sims Mortgage Funding, Inc., Montvale, N.J. closed a $45 million HUD-insured hospital loan in Baton Rouge, La.
MBA Document Custody Workshop June 20
The Mortgage Bankers Association's popular Document Custody Workshop takes place Thursday, June 20 at the Ritz-Carlton Tysons Corner in McLean, Va.
MBA Education Webinar: Technology & CRE Finance--Where Are We & Where Are We Headed? May 29
Join MBA Education for an informative webinar, Technology & CRE Finance: Where Are We & Where Are We Headed?, on Wednesday, May 29 from 2:00-3:30 p.m. ET.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP).