“With the job market beginning to gradually improve, more homeowners are exiting forbearance, and we are seeing declines in forbearance volume among some servicers.”
–MBA Chief Economist Mike Fratantoni.
Category: News and Trends
Chris McEntee of ICE Mortgage Services on COVID-19 and Impetus for the Digital Mortgage Process
Chris McEntee is President of ICE Mortgage Services, Atlanta, the business unit responsible the Mortgage Electronic Registration System (MERS), which is now part of Intercontinental Exchange Inc. He serves as a Director of ICE Mortgage Services, the governing board of MERSCORP Holdings Inc. and chairs the Company’s Compliance, Governance and Risk Management Committee.
Tom Lamalfa: May 2020 Survey of Secondary Market Executives
What follows are findings from a survey of senior mortgage executives I conducted in the first half of May. Due to cancelation of MBA’s National Secondary Market Conference, this survey was completed over the phone rather than face to face, as has been the case in the 23 preceding surveys done since 2008.
MBA Education Path to Diversity Scholar Profile: Deborah Reavis, AMP
(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.)
MBA Chart of the Week: Measures of Apartment Stress in March and May
There has been an important disconnect between the labor market and apartment markets over the last two months.
MBA Advocacy Update: June 8, 2020
MBA remains actively engaged with decision-makers at all levels of government to help shape the response to the effects of the pandemic on the mortgage market. Last week, the Senate passed legislation that would ease restrictions on the SBA’s Paycheck Protection Program, which President Trump signed into law on Friday.
Black Knight: 1 in 10 Homeowners in Forbearance Hold 10% or Less Equity in Their Homes
Black Knight, Jacksonville, Fla., said with its analysis of borrowers in forbearance showing forbearance volumes falling for the first time since the crisis began, industry participants – especially servicers and mortgage investors – must now shift from pipeline growth to pipeline management and downstream performance of loans in forbearance.
Chris McEntee of ICE Mortgage Services on COVID-19 and Impetus for the Digital Mortgage Process
Chris McEntee is President of ICE Mortgage Services, Atlanta, the business unit responsible the Mortgage Electronic Registration System (MERS), which is now part of Intercontinental Exchange Inc. He serves as a Director of ICE Mortgage Services, the governing board of MERSCORP Holdings Inc. and chairs the Company’s Compliance, Governance and Risk Management Committee.
Tom Lamalfa: May 2020 Survey of Secondary Market Executives
What follows are findings from a survey of senior mortgage executives I conducted in the first half of May. Due to cancelation of MBA’s National Secondary Market Conference, this survey was completed over the phone rather than face to face, as has been the case in the 23 preceding surveys done since 2008.
Q&A With M&T Realty Capital’s Michael Berman, CMB, and Jeffrey Rodman
MBA NewsLink interviewed M&T Realty Capital Corporation President & CEO Michael Berman, CMB, and Affordable Housing Program Manager Jeffrey Rodman about MTRCC’s business lines and affordable housing efforts.