MBA President and CEO Bob Broeksmit, CMB, released the following statement May 22.
Category: News and Trends
Protecting CRE Servicing from Fraud
HOLLYWOOD, FLA.–Keeping ahead of fraudulent activity is essentially a full-time function for mortgage servicers, panelists said here at MBA’s Commercial/Multifamily Finance Servicing and Technology Conference.
Quote of the Day
“MBA is pleased that this bill includes numerous tax provisions that will help to increase real estate investment in communities and improve the financial outcomes of homeowners, renters, and our members’ businesses.”
–MBA President and CEO Bob Broeksmit, CMB
MBA Statement on the Passage of the House Reconciliation Bill
MBA President and CEO Bob Broeksmit, CMB, released a statement on the passage of the Republican-led tax and spending package in the U.S. House of Representatives.
Panelists Outline Challenges to Releasing GSEs, Possibility of Guarantee
NEW YORK–“In any market system where you have some lack of clarity, there’s a price to that,” said Scott Ulm, CEO and Vice Chairman of ARMOUR Residential Reit Inc. “Undoubtedly, the more ambiguity you put into it, the higher the price gets.”
A Tribute to Bob O’Toole
Robert M. O’Toole, longtime senior vice president of residential finance for the Mortgage Bankers Association, passed away earlier this month.
Industry Briefs, May 23, 2025
Industry news from Freddie Mac, Cloudvirga, Informative Research, Halcyon, BOK Financial, ServiceLink, Argyle and ICE Mortgage Technology.
Why a Frictionless Mobile Mortgage Experience Doesn’t Require an App (Sponsored by Cloudvirga)
Cloudvirga’s Maria Moskver explains why mobile first web portals outperform costly native apps on cost, adoption and borrower satisfaction.
The Financial Impact of Servicing
HOLLYWOOD, FLA.–Servicers face increasing market and regulatory challenges, but there are ways to optimize outcomes in today’s evolving landscape, panelists said here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
Ginnie Mae’s Joseph Gormley Outlines Priorities: Stability, Adaptability, Efficiency
NEW YORK–New Ginnie Mae Executive Vice President and Chief Operating Officer Joseph Gormley described his goals in a conversation with MBA Senior Vice President Pete Mills during a session at MBA’s Secondary and Capital Markets Conference.