Broeksmit Discusses MISMO’s New President, Importance to Industry

ANNAPOLIS, Md.–MISMO is very important to the mortgage industry’s adaptability and resilience during a shifting regulatory environment, MBA President and CEO Bob Broeksmit, CMB, told attendees Tuesday at the MISMO Fall Summit.

Cotality: Home Equity Picture Mixed in Q2

Cotality, Irvine, Calif., released its Homeowner Equity Report for Q2, reporting that the average U.S. homeowner lost approximately $9,200 in equity over the past year.

Seven Fair Lending Risks Every Lender Must Address

Ncontracts’ Cassandra Wayman writes that while federal enforcement priorities are shifting, underlying Fair Lending laws haven’t changed and borrowers are increasingly aware of lending equity issues.