The Consumer Financial Protection Bureau on Friday announced several Mortgage Bankers Association-recommended steps to offer clear guidance to lenders and servicers.
Category: News and Trends
The Week Ahead
Consumer Financial Protection Bureau Director Kathy Kraninger appears before the Senate Banking Committee this Tuesday, Mar. 10 to deliver The Bureau’s Semi-Annual Report to Congress.
MBA Chart of the Week: 30-Year Fixed Rate vs. 10-Year Treasury
The yield on U.S. 10-year Treasuries fell to record lows last week, driven by increasing concerns regarding the spread of the coronavirus and its impact on the global and U.S. economy. Just last week, there has been an increase in occurrences of business shutdowns, travel restrictions and potential spending reductions.
February Jobs Report on Solid Ground, Pre-Coronavirus
Total nonfarm payroll employment blew though expectations in February, adding 273,000 job, the Bureau of Labor Statistics reported Friday.
2020: Year of the Woman (Homeowner)
A report from real estate tech companies Better.com and Compass finds homeownership for women is on the rise, thanks to recent advances in technology during the home buying, selling and financing processes have helped eliminate bias and discrimination women have historically faced on the journey to homeownership.
MBA Cancels Technology Solutions Conference
The Mortgage Bankers Association canceled its Technology Solutions Conference & Expo in Los Angeles out of concerns stemming from the spreading coronavirus crisis.
Mark P. Dangelo: The Challenges of Reskilling—Part 3
While reskilling initiatives lack the sensationalism of postulating alien radio waves, the innovation predicament caused by continuous innovation cannot be “waved away” by slogans, academics or politicians. Reskilling workforces is likely the largest challenge of the decade facing every banking leader.
Tony Taveekanjana: 2020–The Year of the Millennial Homebuyer
Of all generations, millennials represent the single largest buying pool. Yet, across the industry there is a common belief that millennials aren’t interested in buying homes right now. Most lenders attribute this to affordability, high student debt, the appeal of metropolitan life and less loan availability.
MBA Cancels Technology Solutions Conference
The Mortgage Bankers Association this afternoon announced it canceled its Technology Solutions Conference & Expo in Los Angeles out of concerns stemming from the spreading coronavirus crisis.
MBA Cancels Technology Solutions Conference
The Mortgage Bankers Association canceled its Technology Solutions Conference & Expo in Los Angeles out of concerns stemming from the spreading coronavirus crisis.