Quote of the Day

“Refinances made up a quarter of all lock activity for the first time in six months, and we saw a clear rise in non-conforming loan share as buyers looked for more flexible options and higher loan amounts.”
–Brennan O’Connell, Optimal Blue

Quote of the Day

“We commend trigger lead reform champions Senators Bill Hagerty and Jack Reed and Reps. John Rose and Ritchie Torres for their leadership.”
–MBA President and CEO Bob Broeksmit, CMB, commenting on the reintroduction of the Homebuyers Privacy Protection Act

HUD Secretary Scott Turner: The Status Quo Is Not Good Enough

WASHINGTON–Department of Housing and Urban Development Secretary Scott Turner outlined some of his philosophy regarding his new role during the Mortgage Bankers Association’s National Advocacy Conference April 8.