With the National Flood Insurance Program slated to expire Friday, the House on Thursday approved yet another short-term extension through June 14, giving lawmakers slight breathing room to consider a longer-term solution.
House Committee to Vote Today on FY2020 T-HUD Bill; MBA Urges Support
The House Appropriations Committee is scheduled to meet this morning to consider a Fiscal Year 2020 appropriations bill that would provide FHA with Mortgage Bankers Association-supported staffing and systems upgrades.
Defect Risk Down for 1st Time in 8 Months
First American Financial Corp., Santa Ana, Calif., said frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased by 4.2 percent in April from March, marking the first monthly decline since last July.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
MBA Condominium Lending Workshop in D.C. July 18
The Mortgage Bankers Association's annual Condominium Workshop takes place Thursday, July 18 at the Marriott Marquis in Washington, D.C.
House Approves Much-Delayed $19.1B Disaster Aid Bill
The Hill, June 3, 2019--Juliegrace Brufke
GSEs' Uniform Mortgage-Backed Security Launches
MReport, June 3, 2019--Seth Wellborn
Fannie-Freddie Revamp Poses Risk to Trump: Higher Mortgage Costs
Bloomberg, June 3, 2019--Austin Weinstein
FHFA's Calabria Urges Reg Relief for Homebuilders
American Banker, June 3, 2019--Hannah Lang (subscription)
A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers
Bloomberg, May 30, 2019--Christopher Maloney
Here are 5 Things the CFPB Will Focus on in 2019
HousingWire, May 28, 2019--Kelsey Ramirez
Reading Between the Lines of CFPB's Regulatory To-Do List
American Banker, May 28, 2019--Kate Berry (subscription)
Urban Institute to FHA: Fix Your Reverse Mortgage Servicing Problems
HousingWire, May 31, 2019--Jessica Guerin
Private Equity Real Estate Fund Managers Face Growing Pressure on Yields
National Real Estate Investor, May 28, 2019--Beth Mattson-Teig
CFPB Settles with BSI Financial Services over Numerous Mortgage Servicing Issues
HousingWire, May 29, 2019--Ben Lane
US Bank Sues BofA for Mortgage-Related Breach of Contract
Charlotte Business Journal (N.C.), May 29, 2019--Caroline Hudson
New York Regulator to Investigate Exposure of Mortgage Documents
New York Times, May 29, 2019--Stacy Cowley
Blackstone Starts Selling Out of Home-Rental Empire
Wall Street Journal, May 29, 2019--Ryan Dezember (subscription)
Could Low Rates Be an Incentive for Upward-Bound Homeowners?
Mortgage Professional America, May 31, 2019--Kimberly Greene