Rep. Marcia Fudge, D-Ohio, appears before the Senate Banking Committee this morning for her confirmation hearing as HUD Secretary under the Biden Administration. Ahead of the hearing, the Mortgage Bankers Association sent a letter to the committee in support of her nomination.
Category: News and Trends
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“Throughout her career of over three decades in public service, Congresswoman Fudge has demonstrated the expertise to address the complex set of housing challenges our country faces. As a former Chair of the Congressional Black Caucus, she knows how to build coalitions to advance the shared goals of economic inclusion and boosting minority homeownership.”
–MBA President & CEO Robert Broeksmit, CMB, in a letter to Senate Banking Committee leadership in support of Marcia Fudge’s nomination as HUD Secretary.
Mortgage Applications Down Again in MBA Weekly Survey
Mortgage applications fell for the second straight week as the 30-year fixed rate crept up, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 22.
Stacey Berger of Midland Loan Services on Servicing Technology
MBA NewsLink recently interviewed Stacey M. Berger, Executive Vice President of Midland Loan Services, Overland Park, Kan.
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The coming AI innovation disruptions do not represent more of the same. A model of maturity must be used to manage the definition, development, and implementation of all AI solutions as they form a cascading series of solutions, which must leverage humans—not just replace them.
People in the News Jan. 28, 2021
Greystone, New York, hired Pranika Uppal Sinha as its Diversity, Equity and Inclusion Managing Director.
MBA Voices: Courageous Conversations with Women of Color Continues Feb. 2 with ‘Together We Rise’
The Mortgage Bankers Association’s popular three-part virtual series, Voices: Courageous Conversations with Women of Color, concludes on Tuesday, Feb. 2 with “Together We Rise.”
James Deitch, CMB: The Value of Data and Decision Intelligence in 2021 — and Onward
2020 fostered a new type of innovation for lenders to digitize their loan origination processes or improve workflow management and break down the barriers of the status quo. Sophisticated data management, now more than ever, is a non-negotiable means to maintain an edge over competitors.
Ginnie Mae Issues 1st MBS backed by Digital Pools
Ginnie Mae reached a milestone in its Digital Collateral Program this month with issuance of the first mortgage-backed security backed by Digital Pools, consisting entirely and exclusively of eNotes.
