The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.31% as of August 31, 2024.
Category: News and Trends
MBA’s Bob Broeksmit on Recent Trigger Leads Progress, Other Key Industry Issues to Watch
WASHINGTON, D.C.–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, took the stage at MBA’s Compliance and Risk Management Conference Sept. 23 to discuss some hot topics–including the recent addition of trigger leads provisions in the National Defense Authorization Act.
MBA Honors Mortgage Cadence’s Melissa Kozicki with 2024 Ken Markison Legacy Achievement Award
The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Melissa Kozicki, CMB, CMCP, Director of Compliance at Mortgage Cadence.
Quote: Sept. 24, 2024
“The current approach is clearly failing the American people. Democrats and Republicans agree that affordable housing is too scarce and costs are too high. Maybe there’s a chance for bipartisan cooperation.”
–MBA President and CEO Bob Broeksmit, CMB, speaking at the MBA Compliance and Risk Management Conference on Sept. 23
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.
The House That Built Me: Arrive Home’s Tai Christensen
It’s imperative that we continue the conversation about how we as an industry can push for greater innovation — not just because our livelihoods depend on it, but because homeownership is critical to the development of generational wealth.
MBA Newslink Multifamily Roundtable: Rates, Refinancings and Resolutions
MBA NewsLink interviewed three analysts, Brian Bailey, Kim Betancourt and Chong Sin, about their thoughts on the multifamily landscape.
CoreLogic: Single-Family Rental Prices Up 2.8% in July
CoreLogic, Irvine, Calif., reported single-family rental prices grew 2.8% year-over-year in July.
MBA Advocacy Update: Senators Include Amendment to Curb Abusive Use of Trigger Leads in Key NDAA Package
This week’s top legislative and policy news from the Mortgage Bankers Association.
Leveraging Non-QM Products in a Volatile Market: A Q&A With Verus Mortgage Capital
MBA NewsLink recently sat down with Jeff Schaefer, executive vice president of correspondent sales at Verus Mortgage Capital in Washington, D.C., a non-QM correspondent investor backed by investment firm Invictus Capital Partners, to discuss non-agency products and the challenges of today’s market.