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.
Category: News and Trends

Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.

Quote of the Day
“I’ve organized my priorities around three key themes: stability, adaptability and efficiency.”
–Ginnie Mae Executive Vice President and Chief Operating Officer Joseph Gormley

Greystone Receives MBA’s Commercial/Multifamily Educator of the Year Award
HOLLYWOOD, FLA.–Greystone, New York, received MBA’s Commercial/Multifamily Educator of the Year Award at MBA’s Commercial/Multifamily Finance Servicing and Technology conference.

Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.1% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 16, 2025.

MBA’s Bob Broeksmit Shares Optimistic Outlook for Mortgage Industry
NEW YORK–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, shared his views on the industry from the main stage at MBA’s Secondary and Capital Markets Conference, offering a largely positive outlook.

Industry Briefs, May 22, 2025
Industry news from Freddie Mac, Cloudvirga, Informative Research, Halcyon, BOK Financial, ServiceLink, Argyle and ICE Mortgage Technology.

MBA Premier Member Editorial: The AI Imperative–Reshaping Mortgage Banking for Efficiency and Growth
As lenders grapple with retaining top talent and optimizing technology stacks that often feel costly and underperforming, simply trimming expenses isn’t enough. This is where AI steps in, writes Sei AI Co-Founder & CEO Pranay Shetty.

Chandler Discusses the Servicing Scene in Washington
HOLLYWOOD, FLA.–There have been many changes since last year’s Commercial/Multifamily Finance Servicing and Technology Conference, 2025 MBA Chair-Elect Christine Chandler said here in her opening remarks.

Bill Pulte on What’s Next for Federal Housing, Conservatorship and Transparency
NEW YORK–“I think federal housing has been underrepresented,” said Federal Housing Finance Agency Director Bill Pulte. “I think this room has been underrepresented historically at the federal level.”