MBA NewsLink interviewed Reena Pally, Managing Director of Real Estate Debt Strategies with MetLife Investment Management, about the transition away from LIBOR to a successor index for floating-rate loans.
Group Newslink: MBA Servicing NewsLink Tuesday Aug. 4 2020
The 2020 Census: Easy, Safe and Important
Counting everyone who lives in the United States, the 2020 Census is happening now with 92.2 million households or more than 62 percent of the country having already responded. But the 2020 Census is not finished. The Census Bureau is done when the country achieves a complete and accurate count.
Plummeting Mortgage Rates Afford Buyers $32,000 More For a Home
National Mortgage News, Aug. 03, 2020– Paul CentopaniAs mortgage rates fluttered above and below 3% in July, homebuyers received their biggest boost in affordability in three-and-a-half years, according to Black …
CFPB Issues RFI on Credit Discrimination
The Consumer Financial Protection Bureau issued a request for information to seek public input on “how best to create a regulatory environment” that expands access to credit and ensures that all consumers and communities are protected from discrimination in all aspects of a credit transaction.
MBA, Trade Groups Ask Congress to Extend Troubled Debt Restructurings Relief Period
The Mortgage Bankers Association and a half-dozen other industry trade groups this week asked Congress to extend the “covered period” under the Troubled Debt Restructurings relief under section 4013 of the CARES Act.