SAN DIEGO—MBA Education, the award-winning education division of the Mortgage Bankers Association, recognized 48 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony held during its 2021 Annual Convention & Expo.
Category: News and Trends
Share of Mortgage Loans in Forbearance Decreases to 2.28%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by 34 basis points to 2.28% as of October 10.
September New Home Purchase Mortgage Applications Down 16.2%
Mortgage applications for new home purchases decreased 16.2 percent from a year ago, the Mortgage Bankers Association reported Tuesday in its September Builder Applications Survey. From August, applications decreased by 4 percent.
Rajesh Bhat of Roostify: When Will the Mortgage Industry be Truly Automated?
The mortgage industry has been moving towards automation, but still has a long and complex road ahead. Rajesh Bhat, Co-Founder and CEO of Roostify, offers his perspective on what steps lenders can take today to better prepare themselves for the journey, and the destination.
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“When I think of the mPower community, I think of how we can continue to support each other. Helping each other in good times and bad, supporting each other through thick and thin and loving each other when the going gets rough.”
–MBA Chief Operating Officer and mPower Founder Marcia Davies.
People in the News Oct. 19, 2021
VantageScore Solutions LLC, Stamford, Conn., named Silvio Tavares President and CEO and said Barrett Burns, founding President and CEO of VantageScore, has transitioned to a newly created position of Vice Chairman.
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
Terry Aikin, CMB®, AMP, Presented with CMB Society’s Rosser Lifetime Achievement Award
SAN DIEGO—The Certified Mortgage Bankers (CMB) Society presented Terry Aikin, CMB®, AMP, Managing Director at Mortgage Guaranty Insurance Corp., with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
MBA Forecast: 2022 Purchase Originations to Increase 9% to Record $1.7 Trillion
SAN DIEGO–The Mortgage Bankers Association said purchase mortgage originations are expected to grow 9% to a record $1.725 trillion in 2022.
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.