“In contrast to the first half of 2023, foreclosure activity across the United States experienced a decline in the first half of 2024.”
–ATTOM CEO Rob Barber
Category: News and Trends
The Importance of Strategic Testing Alignment–Monika Bhatla from Mortgage Cadence
Ask any software development quality assurance executive about the importance of testing. They’ll talk about the four pillars of a good testing infrastructure (functional testing, automation testing, repeatability testing and performance testing) and about the new software testing rigs that are making this analysis easier.
Mortgage Credit Availability Increased in June
Mortgage credit availability increased in June according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
ACES Quality Management–Quality (E)valuations: Ensuring Appraisal Integrity through QC (Sponsored Content)
In today’s mortgage market, fostering a quality-centric culture and leveraging advanced technology are crucial for ensuring appraisal integrity and accuracy.
Clever Real Estate: 98% of Gen Z Sees Significant Barriers to Home Ownership
Clever Real Estate, St. Louis, found that 60% of Gen Z worries they will never own a home.
Yardi Matrix Finds Solid Multifamily Performance in First Half of 2024
Yardi Matrix, Santa Barbara, Calif., reported that multifamily performance was solid in the first half of 2024, with advertised rents up 1.5% nationally.
MBA-Recommended 203(k) Program Changes Adopted by HUD
HUD released an updated set of policies for its 203(k) Rehabilitation Mortgage Insurance Program, including a number of recommendations the Mortgage Bankers Association had suggested in a Jan. 3 letter.
MBA, ABA Respond to CFPB’s Mortgage Servicing Proposal
The American Bankers Association and Mortgage Bankers Association issued the following joint statement in response to the Consumer Financial Protection Bureau’s proposed rule, Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X:
Quote: July 11, 2024
“We support FHA’s enhancements to its 203(k) program and commend them for including many of the recommendations we highlighted in our January 2024 letter, including increasing the rehabilitation disbursement cap to $75,000 on a nationwide basis for the Limited program, and extending completion timelines to better reflect current market conditions and ensure projects are completed.”
–MBA Senior Vice President of Residential Policy Pete Mills
Mortgage Cadence’s Monika Bhatla: The Importance of Strategic Testing Alignment
Ask any software development quality assurance executive about the importance of testing. They’ll talk about the four pillars of a good testing infrastructure (functional testing, automation testing, repeatability testing and performance testing) and about the new software testing rigs that are making this analysis easier.