The Mortgage Bankers Association, joined by 27 other organizations representing a cross-section of consumer and industry organizations, sent a letter Friday to Federal Housing Finance Agency Acting Director Joseph Otting on priorities for preserving access and affordability when undertaking administrative reforms to Fannie Mae and Freddie Mac.
MBA Vice Chair: Servicers at 'Front Lines' with Customers
ORLANDO--Mortgage Bankers Association Vice Chair Susan Stewart said mortgage servicers' relationships with their customers are more important than ever.
Senate Panel Advances Calabria Nomination to Head FHFA
On strict party lines, the Senate Banking Committee yesterday approved the Trump Administration's nomination of Mark Calabria as director of the Federal Housing Finance Agency.
Preparing for ‘When,' Not ‘If,' in Natural Disasters
ORLANDO--Floods. Hurricanes. Earthquakes. Volcanic eruptions. Wildfires. Tornadoes. And that was just 2018.
MBA Economic Forecast: 'Slow, Steady Growth' Amid Stronger Headwinds
ORLANDO--U.S. economic growth has been "slow and steady" for the past several years and is expected to stay that way, economists with the Mortgage Bankers Association said Wednesday.
U.S. Homeownership Rate at Highest Level Since 2014
The U.S. homeownership rate rose to 64.8 percent in the fourth quarter, the Census Bureau reported yesterday, marking its highest rate since 2014.
FHFA Issues Final Rule on Uniform Mortgage-Backed Security
The Federal Housing Finance Agency yesterday issued a final rule that requires Fannie Mae and Freddie Mac to align programs, policies and practices that affect the cash flows of "To-Be-Announced"-eligible Mortgage-Backed Securities.
CFPB Issues Advance Notice of Proposed Rulemaking on PACE Financing
The Consumer Financial Protection Bureau yesterday issued an Advance Notice of Proposed Rulemaking on residential Property Assessed Clean Energy (PACE) financing.
Home Flipping Falls to 7-Year Low in 2018
ATTOM Data Solutions, Irvine, Calif., said home flipping activity fell in 2018 by nearly 4 percent from a year earlier to its lowest level since 2011.
Falling Rates Drive Jump in Loan Defect Risk
First American Financial Corp., Santa Ana, Calif., released its Loan Application Defect Index for January, showing frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased by 4.6 percent compared December, the fifth consecutive monthly increase.
MBA National Secondary Market Conference & Expo May 19-22
The Mortgage Bankers Association's National Secondary Market Conference & Expo returns to the New York Marriott Marquis May 19-22.
MBA Commercial/Multifamily Servicing & Technology Conference in L.A. May 14-17
The Mortgage Bankers Association's annual Commercial/Multifamily Servicing & Technology Conference takes place May 14-17 at the J.W. Marriott L.A. Live in Los Angeles.
MBA Education Advanced Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
MBA Servicing: What Does the Future of Mortgage Servicing Look Like?
HousingWire, Feb. 26, 2019--Sarah Wheeler
7 Ways Borrowers are Changing Mortgage Servicing
National Mortgage News, Mar. 1, 2019--Elina Tarkaziks, Austin Kilgore (free article)
MBA Servicing: Mortgage Borrowers are Now Your Biggest Asset
HousingWire, Feb. 28, 2019--Sarah Wheeler
Housing Secretary Ben Carson Says He Intends to Leave After First Term
Washington Post, Mar. 4, 2019--Tracy Jan
Industry Sees Benefits From CFPB Sandbox
Inside Mortgage Finance, Feb. 27, 2019 (subscription)
Servicers Not Providing Enough 'Wow Factor' to Keep Borrowers Loyal
National Mortgage News, Feb. 27, 2019--Elina Tarkazikis (subscription)
How Chairman Crapo's Outline for Housing Finance Reform Can Work
Urban Institute, Feb 27, 2019--Jim Parrott, Dave Stevens, Mark M. Zandi
Overuse of GSE Tools in the Private-Label Market Adds Risk: Moody's
National Mortgage News, Feb. 26, 2019--Brad Finkelstein (subscription)
Altisource Takes Losses as it Realigns Its Business, Reduces Ocwen Ties
National Mortgage News, Feb. 26, 2019--Bonnie Sinnock (subscription)
Ocwen Reports $70.8M Loss for 2018
The Mortgage Leader, Feb 27, 2019
GSE Reform Proposals have Small Lenders on Edge
National Mortgage News, Feb. 28, 2019--Hannah Lang (subscription)
Fannie Mae Escapes Lawsuit over Foreclosure Misreporting
Reuters, Feb. 28, 2019--Dena Aubin
REITs Take On New Shine Amid Fed's Softened View on Rates
Wall Street Journal, March 4, 2019 --Jessica Menton (subsription)
Banks Won't Be Able to Remain on Sidelines of Privacy Debate
American Banker, Mar. 3, 2019--Victoria Finkle (subscription)
New Study Shows Financial Potholes in House Flipping
National Mortgage Professional, Mar. 1, 2019--Phil Hall
Goldman Sachs Surpasses $1.25 Billion in Customer Relief in Massive Toxic Mortgage Bond Settlement
HousingWire, Mar. 4, 2019--Ben Lane