MBA NewsLink’s preview for all things related to the MBA Annual Convention & Expo is now live.
Category: News and Trends
Quote of the Day
“It is time to have a conversation about the purpose and effectiveness of RESPA Section 8. At 50 years old, there appears to be little evidence that the law’s intention of lowering settlement costs has ever occurred, and new marketing technologies and reforms since the passage of the Dodd-Frank Act have rendered it obsolete and costly with few consumer benefits.”
–MBA President and CEO Bob Broeksmit, CMB
Mastering MSR Valuations in a Shifting Marketplace Nov. 13
Mortgage servicing rights (MSRs) have historically been a reliable source of income for investors, but recent years have brought significant volatility.
CONVERGENCE Memphis and United Housing: Making an Impact in Memphis
CONVERGENCE Memphis was recently awarded a $250,000 grant from the Tennessee Housing Development Agency. This funding will fuel efforts to expand affordable housing opportunities in the community, focusing on key CONVERGENCE Memphis neighborhoods Frayser, Glenview, and Whitehaven.
NAR: Existing-Home Sales Fall in September
September existing-home sales fell by 1% from August and by 3.5% year-over-year, the National Association of Realtors reported.
MBA Wins Top 50 DEI Team OnCon Icon Award
The Mortgage Bankers Association was recognized as a winner by the OnCon Icon Awards in the Top 50 DEI Team category.
SingleSource Property Solutions’ Ed Austin: Take 2020’s Lessons to Heart And Get Refi-Ready Now
When the COVID-19 pandemic arrived in 2020, the Federal Reserve’s response was swift and its impact on the housing market was dramatic. Millions of homeowners rushed to refinance, sometimes more than once. But for the industry, a golden opportunity also became a logistical nightmare.
MBA NewsLink Q&A: Down Payment Resource’s Rob Chrane
Down Payment Assistance is a growing part of the lender’s purchase business arsenal, so we interviewed Rob Chrane, founder and CEO of Down Payment Resource, to discuss the evolution of this market.
First American: Will Better Days Bring Bigger Risks? [Sponsored]
Even before the Federal Reserve cut rates by 50 basis points, sentiment among our lender clients had shifted noticeably. They were more optimistic and, for the first time in two and a half years, focused once again on capacity and not just cost reduction.
Key Technology Focus Areas for Lenders Going Into 2025–Lender Price’s Dawar Alimi
Dawar Alimi sat down with MBA NewsLink to discuss technology trends to keep an eye out for next year.