August 21, 2019
The IRS remained largely silent during the first half of 2019 concerning the controversial State and Local Tax (SALT) deduction issue, following the August 27, 2018 publication of its Proposed Rule, which explores contributions in exchange for state or local tax credits. Silent no more, the IRS announced its follow-through by issuing final regulations on the matter in the Federal Register on June 11.
Vivian Kwok is Director of Mortgage Operations with Manulife Investment Management, Toronto, Ontario. She has more than 15 years of industry experience.
In this MBANow video, MBA Senior Vice President of Legislative and Political Affairs Bill Killmer discusses MBA advocacy activity during the August Congressional recess and how MBA is preparing for the fall legislative sessions.
MBA released its second quarter of 2019 National Delinquency Survey results this week. While overall delinquencies increased over the previous quarter and from a year ago, loans that were seriously delinquent--90 days or more past due or in the process of foreclosure--dropped. In fact, the seriously delinquent rate reached 1.95 percent, its lowest level since second quarter 2006.
In the latest episode of mPower Moments, mPower Founder Marcia M. Davies sits down with Kimberly Lanham, Senior Vice President of Client Services with Digital Risk, Maitland, Fla., on workplace fears and how to overcome them.
Take Three Technologies, Denver, hired Ruth Lee, CMB, as Executive Vice President. She will lead the startup's efforts to expand adoption of its proprietary software.
In this week's Washington Report, MBA Pubic Affairs Specialist Falen Taylor discusses recent developments on Capitol Hill and Washington, D.C.
MBA Chief Economist Mike Fratantoni breaks down the MBA Weekly Applications Survey for the week ending Aug. 16.
As artificial intelligence and machine learning reshape a growing number of industries, regulators overseeing everything from medicine to mortgage lending are wrestling with a fundamental question: How do you explain to people the answers that come out of machine learning models?
Recent, modern innovations in investment-grade insurance products can provide banks with both the structure and liquidity required, and most importantly, risk coverage for all projects and lenders on an individual basis. Notably, this would expand cumulative coverage and eliminate all lender exposure, bringing an end to the instances of zero available funds that characterized the pre-recession era.