David Upbin is Vice President of Education Operations and Programming & MBA Strategy with the Mortgage Bankers Association. He joined MBA in 2013 and is responsible for financial management, operations, delivery and programming of MBA Education’s suite of training products and events.
Category: News and Trends
FCRA and the CARES Act: Putting in Right Procedures Now, Reducing Volume of Litigation Later
Over the past 10 years, Fair Credit Reporting Act lawsuits have almost quadrupled from some 1,350 cases in 2010 to 5,000 in 2019. FCRA allows plaintiffs to recover attorney fees, which may explain the increase.
MISMO Seeks to Standardize Data Used to Guide Borrower Outreach
MISMO®, the mortgage industry standards organization, said it will evaluate the need for standards to facilitate early identification of loans that may become delinquent or be in distress.
MBA Education Path to Diversity Scholar Profile: Ashley Duffy
(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
FHFA to Re-Propose Updated Minimum Financial Eligibility Requirements for GSE Sellers/Servicers
The Federal Housing Finance Agency, citing “recent market events,” announced it will re-propose updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers.
Home Report: Demand Higher than Before Pandemic; So is Stress Amid Falling Inventories, Lingering COVID Concerns
Reports from Redfin, Seattle, and Clever Real Estate, St. Louis, illustrate the lingering effects of the coronavirus on the home-buying process—and the current state of home-buying demand.
MBA: May New Home Purchase Mortgage Applications Up 26% from April; Up 11 Percent from Year Ago
New home activity showed signs of improvement in May as the Mortgage Bankers Association’s Builder Applications Survey saw increases in activity from April and a year ago.
Office, Industrial Broker Sentiment Improves Slightly
Industrial and office sector brokers reported slightly improved market confidence in May.
David Upbin of MBA Education on Staying Ahead of the Curve
David Upbin is Vice President of Education Operations and Programming & MBA Strategy with the Mortgage Bankers Association. He joined MBA in 2013 and is responsible for financial management, operations, delivery and programming of MBA Education’s suite of training products and events.
Dealmaker: Hunt Real Estate Capital Provides $67M In Fannie Mae, Freddie Mac Funds
Hunt Real Estate Capital, New York, provided $67 million in Fannie Mae and Freddie Mac funds for four apartment properties in the southeastern U.S. Hunt closed three Fannie Mae multifamily …