CHICAGO--The real estate finance industry faces a daunting challenge to balance risk in a rapidly changing market. Here at the Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum, MBA President & CEO Robert Broeksmit, CMB, addressed these challenges and how MBA is helping its members meet them.
FHFA Increases Fannie Mae, Freddie Mac Multifamily Caps
The Federal Housing Finance Agency on Friday revised its cap structure on Fannie Mae and Freddie Mac's multifamily businesses.
MBA Joins Trade Groups in Push for Affordable Housing Near Transit
With affordability playing an increasing role in the future of housing, the Mortgage Bankers Association joined more than a dozen industry and consumer trade groups this week in a letter to members of Congress in support of legislation that would promote federal investment in public transportation projects.
CoreLogic Reports 11.4% Decrease in 2Q Mortgage Fraud Risk
CoreLogic, Irvine, Calif., released its quarterly Mortgage Fraud Report, showing an 11.4% year-over-year decrease in fraud risk at the end of the second quarter.
ATTOM: August Foreclosure Activity Down 24%, 14th Consecutive Monthly Decline
ATTOM Data Solutions, Irvine, Calif., reported 53,007 U.S. properties with foreclosure filings in August, up by 4 percent from July but down 24 percent from a year ago.
CMBS Delinquency Rate Reaches Another Post-Crisis Low
The commercial mortgage-backed securities delinquency rate fell again in August, setting another post-crisis low in the process, reported Trepp LLC, New York.
Institutional Investors Downgrade 2019 Return Expectations
Institutional investors are decreasing their expectation for 2019 commercial real estate returns, the Pension Real Estate Association's Consensus Forecast Survey reported.
MBA Regulatory Compliance Conference 2019 in Washington Sept. 22-24
The Mortgage Bankers Association's annual Regulatory Compliance Conference takes place Sept. 22-24 at the Grand Hyatt in Washington, D.C.
Mortgage Bankers Applaud Treasury's Plan for Housing Finance Reform
Financial Regulation News, Sept. 10, 2019--Dave Kovaleski
How Once-Doomed Mortgage Giants Gained New Lease on Life
Wall Street Journal, Sept. 13, 2019--Andrew Ackerman, Nick Timiraos (subscription)
Officials Spar with Senators over Plan for Mortgage Giants
Associated Press, Sept. 10, 2019--Marcy Gordon
FHFA's Calabria Details Next Steps on GSE Reform
National Mortgage News, Sept. 11, 2019--Hannah Lang (subscription)
Path to a GSE Bill Still Fraught Despite Treasury Plan
National Mortgage News, Sept. 10, 2019--Hannah Lang (subscription)
Trump Administration Working to End Fannie/Freddie Profit Sweep in September
HousingWire, Sept. 12, 2019--Kelsey Ramirez
House Passes Five Bipartisan Financial Services Bills
American Banker, Sept. 11, 2019--John Heltman (subscription)
Would a Democratic President Fire CFPB's Kraninger?
National Mortgage News, Sept. 12, 2019--Kate Berry (subscription)
Fidelity National, Stewart Call of $1.2 Billion Merger after FTC Moved to Block Deal
HousingWire, Sept. 10, 2019--Ben Lane
Deal Allows Risky Home Loans for 'Business Purposes'
Riverside Press-Enterprise (Calif.), Sept. 12, 2019--Jeff Lazerson