The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
Category: News and Trends
MBA Advocacy Update Jan. 31, 2022
Recently, MBA and a coalition of financial services trade associations filed a joint comment letter to the Consumer Financial Protection Bureau on its assessment of the HMDA Rule. Also last week, the CFPB issued a request for public comment seeking information on “fees that are not subject to competitive processes[.]”
MBA Premier Member Profile: HomeBinder
Founded in 2015, HomeBinder, Burlington, Mass., is a centralized online platform designed to make maintaining a home’s value easy while improving relationships between homeowners and the businesses that serve them.
‘A Home for All’
NASHVILLE, Tenn.—When Kristy Fercho was elected as Chair of the Mortgage Bankers Association this past October, she announced an ambitious agenda aimed at improving diversity, equity and inclusion in the workplace and greater opportunities for minority home borrowers.
Index Cites Gains in Home Buyer Assistance Programs
Down Payment Resource, Atlanta, said results of its latest Homeownership Program Index showed measurable quarter-over-quarter gains in program funding levels and an increased prevalence of programs aimed at assisting community heroes.
Industry Briefs Jan. 31, 2022: Ginnie Mae Streamlines Servicing Requirements
Ginnie Mae issued All-Participants Memorandum 22-01 streamlining its documentation requirements for servicers participating in the FHA Advanced Loan Modification program.
Office Space Recovery Pauses
Office leasing activity slowed in December, according to two new reports.
MBA Chart of the Week: Mortgage Applications, Rates Since 2020
This week’s MBA Chart of the Week features Weekly Applications Survey data, re-indexed to January 2020, to highlight the most recent refinance and home purchase trends.
Dealmaker: American Street Capital Secures $19M for Multifamily Assets
American Street Capital, Chicago, secured $18.8 million for multifamily assets in Illinois, Wisconsin and Kansas.
IMB Talks: Staying Ahead in the Mortgage Industry in 2022
NASHVILLE, Tenn.—You’ve heard of “TED Talks;” now, welcome to “IMB Talks.” Here at the recent MBA Independent Mortgage Bankers Conference, several independent mortgage bankers took the stage to give their take on what’s happening in the mortgage banking industry—and challenges and opportunities facing IMBs in the months ahead.