DENVER–“You’re the most important part of what the [Mortgage Bankers Association] does in D.C.,” said former Speaker of the U.S. House of Representatives John Boehner to an audience gathered at MBA’s Annual Convention & Expo Oct. 29.
Category: News and Trends
MBA NewsLink Q&A with JLL Value & Risk Advisory’s Becky Gaston
Becky Gaston serves as National Practice Lead, Zoning, with JLL Value & Risk Advisory
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.1% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Applications Survey for the week ending October 25, 2024.
MBA Opens Doors Foundation Announces 2024 Award Winners
DENVER–The MBA Opens Doors Foundation announced the recipients of the Opens Doors annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance to families with critically ill or injured children.
Freddie Mac’s Mike Hutchins Announces LPA Update; Talks Tech, Repurchases With Fannie Mae’s Priscilla Almodovar
DENVER–Freddie Mac President Mike Hutchins announced Oct. 28 the latest addition to the enterprise’s automated underwriting system (Loan Product Advisor): LPA Choice.
Quote of the Day
“On behalf of the Opens Doors Board of Directors, I am delighted to recognize ICE Mortgage Technology, Jay Bray, and Deb Still for their invaluable contributions to the Opens Doors cause.”
–MBA President and CEO Bob Broeksmit, CMB.
Forgoing Automation is Literally Setting Servicers Up for Disaster–Clarifire’s Jane Mason
Without process automation, servicers have no hope of delivering the responsiveness, rapid relief options, proactive outreach, and education borrowers need when they need it most.
Dark Matter’s Mike Piombino and Sean Dugan: When It Comes to Your LOS (and Vendor), Choose Wisely
An LOS is a substantial investment for a lender of any size and choosing the wrong one may lock you into paying more than you need for a tool that’s not quite right for your needs.
Certified Mortgage Compliance Professional (CMCP) Designation
MBA offers the only certification and designation program geared exclusively toward compliance professionals in the mortgage finance industry, the Certified Mortgage Compliance Professional (CMCP) Certification and Designation program.
Quote of the Day
“Nanci has been an avid MBA advocate for many years and is a proven champion at generating participation in MORPAC’s advocacy efforts.”
–Owen Lee, Chief Executive Officer at Success Mortgage Partners and 2025 MBA Vice Chair, presenting Nanci L. Weissgold, Partner of Alston & Bird’s Financial Services Group, with the 2024 Schumacher-Bolduc Award.