Ginnie Mae and FHA on Friday issued updates addressing mortgage servicer liquidity issues that could result from the coronavirus pandemic.
Category: News and Trends
MBA Advocacy Update
MBA remains active on efforts regarding the coronavirus (COVID-19) pandemic. In this week’s communication, you will find several updates pertaining to industry efforts to provide relief to both our members and their customers.
House Approves $2 Trillion Stimulus Bill
The House on Friday afternoon approved a massive $2 trillion stimulus bill aimed at injecting a much-needed boost to a U.S. economy that has been staggered by the coronavirus pandemic.
House Approves $2 Trillion Stimulus Bill; Trump Signs into Law
The House on Friday approved a massive $2 trillion stimulus bill aimed at injecting a much-needed boost to a U.S. economy that has been staggered by the coronavirus pandemic.
MBA Chart of the Week: Unemployment Insurance–Initial Claims
Last week provided our first indication of just how severe the shutdown of the U.S. economy could be, as Americans combat the ongoing spread of the coronavirus.
MBA Honors 2020 Tech All-Stars
The Mortgage Bankers Association announced its Tech All-Star Awards to five visionary leaders in the mortgage technology industry.
MBA, Trade Groups Ask States to Support Financial Services, Real Estate, Housing Industries in COVID-19 Response
The Mortgage Bankers Association and other industry groups sent a letter last week to state and municipal government associations, asking for support of the financial services, real estate and housing industries as they navigate solutions to the coronavirus pandemic.
MBA 2020 Tech All-Star Julie Felts: Driving Force Behind Amrock’s eClosing Domination
Like many homebuyers, Julie Felts and her husband did not have a positive experience at the closing table. With mounds of paperwork and a seller in tears sitting just across from them, the close was nightmarishly long, inconvenient, stressful and emotionally draining. “I just remember thinking there should be a better way to do this; we shouldn’t have to be in the same place at the same time,” she says.
The Week Ahead
Wherever you are—living room, basement, cave, bunker, fallout shelter—good morning from the MBA NewsLink temporary editorial offices outside the virtually deserted Nation’s Capital.
CFPB Relaxes Information Collection, Reporting During Pandemic
The Consumer Financial Protection Bureau said it is postponing some data collections from industry on Bureau-related rules to allow financial companies to work with customers in responding to the coronavirus pandemic.