The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Category: News and Trends

MBA Education School of Mortgage Servicing Oct. 5-15
MBA Education presents its popular School of Mortgage Servicing online instructor-guided course, taking place Oct. 5-15.

Data Identification and Governance: Updated FFIEC Examination Manual Booklet Indicates Higher Expectations by Financial Institution Examiners
On June 30, the Federal Financial Institutions Examination Council issued a new booklet. We identified critical guidelines from the new booklet that will introduce fresh challenges to your financial institution.

MBA CONVERGENCE Webinar Sept. 16–Mayors and Affordable Housing: Perspective from City Hall
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.

FHA Announces Temporary Partial Waivers to HECM Policy
FHA on Thursday issued temporary partial waivers to its Home Equity Conversion Mortgage (HECM) policies. These waivers provide mortgagees with expanded flexibility to help senior homeowners with HECMs who are struggling financially due to COVID-19.

Home Prices Up 15% from Year Ago, But Taking Longer to Sell
Yet another report this week shows U.S. home prices with double-digit percentage annual home price gains, although not nearly as dramatic as earlier reports. And, said Redfin, Seattle, pending sales are slowing and homes are taking longer to sell—and sellers are taking notice by slashing their asking prices.

Initial Claims Swing Back Lower
Initial claims for unemployment insurance resumed their trend downward following last week’s unexpected burp, the Labor Department reported Thursday.

Real Estate Investment Trusts Poised For Recovery
S&P Global Ratings, New York, said real estate investment trust earnings rebounded significantly in the second quarter, demonstrating the sector is on the right path for a solid comeback.

Dealmaker: Harbor Group International, Cammeby’s Acquire $1B Multifamily Portfolio
Harbor Group International and Cammeby’s International Group acquired a 5,302-unit multifamily property portfolio for $1.05 billion.

Call for Speakers: MBA Servicing Solutions Conference & Expo 2022—Deadline Sept. 13
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.