MBA Advocacy Update Feb. 28 2022

With Congress in recess this past week, on Thursday the Federal Housing Finance Agency had two major announcements: a long-awaited re-proposal of updates to the capital, liquidity and net worth requirements for servicers; and a final revised capital framework for the GSEs.

January Pending Home Sales Slump as Supply Tightens

Pending home sales fell for the third straight month, the National Association of Realtors reported Friday. Despite strong demand, tight supplies continued to hamstring activity.

MBA Chart of the Week: Servicing Customer Inquiries Per Loan

In this week’s MBA Chart of the Week, we focus on borrower communications, specifically the average number of annual servicing customer inquiries per loan. MBA has tracked this data through its Servicing Operations Study and Forum since 2008.