The Federal Housing Finance Agency issued a Request for Input on executive compensation at its regulated entities: Fannie Mae and Freddie Mac and the Federal Home Loan Banks.
Category: News and Trends
MBA Advocacy Update June 14, 2021
Last week on Capitol Hill, the House Transportation & Infrastructure Committee held a markup on the INVEST in America Act, and HUD Secretary Marcia Fudge appeared before the Senate T-HUD Appropriations subcommittee to discuss the FY 2022 budget. On Monday, Freddie Mac issued a bulletin providing further details regarding its implementation of recently-adopted limits on deliveries of loans secured by second homes and investor properties.
Shawn Ansley of VICE Capital Markets: The Need for Strong Data/System Integrations in Hedging
While “The Law of Averages” may apply to a wide variety of activities, hedging isn’t one of them. For a mortgage lender to extract the most value out of their hedging strategy, that strategy must be specific to their organization and its unique make-up.
MBA Chart of the Week June 14, 2021: Key Tax Proposals for Commercial Real Estate Finance
The Biden Administration’s proposed Fiscal Year 2022 Budget put down in black and white – and dollars and cents – many suggestions that have been made in more general terms in the Administration’s American Jobs and Family Plan, during the most recent presidential campaigns and in some cases going back decades.
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“We are seeing an increase in the share of forbearance exits, where borrowers do not have a loss mitigation plan in place. Homeowners who are reaching the end of their forbearance term need to contact their servicer to discuss the next steps in the process, as servicers cannot extend the forbearance term without talking to the borrower.”
–MBA Chief Economist Mike Fratantoni.
Sponsored Content from InRule: Transform Mortgage Lending and Real Estate with Machine Learning
Discover five common scenarios in mortgage lending to help your enterprise get started with machine learning.
Nadim Homsany: How IMBs Can Digitize Mortgage Coupons to Lower Costs and Risks
Digitizing traditional paper coupons are one easy way for IMBs to increase efficiency, boost customer satisfaction and decrease the risk of payment delinquency, all while jumpstarting the move to low-risk, low-cost digitally automated processes.
People in the News June 15, 2021
Maxwell, Denver, hired Sadie Gurley as Vice President, responsible for helping the company find new opportunities and expand its impact on community lenders across the country.
Single-Family Rentals Rising: A Conversation With Berkadia
One result of a strong housing market driven by low rates, high demand and supply constraints is a substantial increase in investor interest in single-family rental housing. MBA NewsLink interviewed Berkadia executives Hilary Provinse and Dori Nolan about the SFR landscape and the outlook for this burgeoning sector.
Tom Millon, CMB, of Computershare Loan Services on Default Loan Servicing
Tom Millon, CMB, is CEO of Computershare Loan Services US, Ponte Vedra Beach, Fla.