“Positive employment and wage prospects, continued home-price appreciation and the availability of multiple loan workout options are factors that will smooth many homeowners’ transition out of forbearance.”
–MBA Chief Economist Mike Fratantoni.
Category: News and Trends
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.
Today at MBA Annual21
SAN DIEGO—MBA Annual21, the Mortgage Bankers Association’s Annual Convention & Expo, continues today with a full slate of keynote addresses, general sessions, breakout sessions and special events.
MBA Recognizes 48 New Certified Mortgage Banker Graduates
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.
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 Launches Member Action Pledge to Promote Minority Homeownership, Affordable Rental Housing DEI
SAN DIEGO—Mortgage Bankers Association Chairman Kristy Fercho on Monday announced the Home for All Pledge, an MBA member company action pledge to promote minority homeownership, affordable rental housing and company diversity, equity and inclusion.
‘Together Again’—and Not a Moment Too Soon
SAN DIEGO—For the first time in two years, the Mortgage Bankers Association is holding a live Annual Convention & Expo. And MBA President & CEO Bob Broeksmit, CMB, had a message for the nearly 3,500 in attendance.
MBA Chairman Kristy Fercho Hits the Ground Running
SAN DIEGO—Kristy Fercho has achieved a lot of “firsts” in her lifetime—the first Black woman to lead a major U.S. mortgage operation (at Flagstar Bank); the first Black woman to run the mortgage operations at Wells Fargo; and, as of Sunday, the first Black woman to serve as Chairman of the Mortgage Bankers Association. Her legacy, she says, will be to ensure that she is not the last such person.
Outgoing MBA Chairman Susan Stewart Reflects on a Most Unusual Year
SAN DIEGO—Of the 106 men and women who have served as Chairman of the Mortgage Bankers Association, Susan Stewart’s term was likely the most unusual.
Strong Demand Boosts Home Builder Confidence Despite Supply Chain Disruptions
The National Association of Home Builders said strong consumer demand helped push builder confidence higher in October, despite growing affordability challenges stemming from rising material prices and shortages.