“The changes to this rule, if finalized as proposed, will encourage the Enterprises to operate as prudent managers and distributors of mortgage credit risk while promoting both safety and soundness and broad access to sustainable credit for borrowers.”
–MBA President & CEO Robert Broeksmit, CMB, in a letter to the Federal Housing Finance Agency on its proposed rulemaking on enhancements to it regulatory capital framework for Fannie Mae and Freddie Mac.
The Mortgage Bankers Association announced members of its 2022 Affordable Rental Housing Advisory Council. The Advisory Councils on affordable rental housing and affordable homeownership were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.
Mortgage Bankers Association offices will be closed on Thursday, Nov. 25 and Friday, Nov. 26 in observance of the Thanksgiving holidays.
Brian Hale, a mortgage industry executive with more than 40 years of experience, recently launched a new consultancy business, Mortgage Advisory Partners, Newport Coast, Calif.
David Harrison is Chief Operating Officer with Midland Loan Services, Overland Park, Kan. He has a broad background in commercial real estate, including capital markets, asset management, underwriting, workouts, business development and client relations.
MISMO®, the real estate finance industry’s standards organization, seeks participants for an initiative focused on standardizing pre-closing title document datasets to streamline the business process and improve efficiency.
Existing home sales rose in October for the second straight month, albeit just slightly, the National Association of Realtors reported Monday.
The Mortgage Bankers Association issued a Call for Speakers for its Technology Solutions Conference & Expo 2022, taking place April 11–14 at the Bellagio Las Vegas. Deadline for proposals is Friday, Jan. 7.
Tim Anderson is President of the eMortgage Division for Evolve Mortgage Services, where he is responsible for overseeing deployment of the company’s digital closing platform and developing strategic partner relationships.
Fitch Rating, New York, said global financial institutions’ credit ratings have been affected less severely by the pandemic than by the two previous crises this century.
