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“[Thursday’s] announcement preserves and extends a level playing field for lenders of all sizes and business models while avoiding near-term measures that could have threatened market stability. MBA has cautioned that a premature release of the GSEs from conservatorship could roil the mortgage market, hurting borrowers, savers and investors and harming a fragile economy still recovering from the ravages of the pandemic.”
–MBA President & CEO Robert Broeksmit, CMB.

Michael Steer: A New Year, A New Regulatory Attitude?

Should the pandemic regulatory attitude be forgot and never brought to mind? Not exactly. However, lenders can adapt the current pandemic regulatory attitude into one that pays equal mind to both the pandemic and the importance of compliance.

Most Americans Falling Behind on Retirement Planning

A report from Clever Real Estate, St. Louis, shows the majority of Americans are not saving enough money for their retirement—and retirees are living beyond their means.