MBA President and CEO Bob Broeksmit, CMB, released a statement on the nomination of Jonathan McKernan to serve as the Undersecretary of Domestic Finance at the U.S. Department of the Treasury.
Category: News and Trends
MBA Advocacy Update: MBA Supports Full HVAC Partial Claim Authority Bill Passage
This week’s top legislative and policy news from the Mortgage Bankers Association.
Quote of the Day
“Jonathan McKernan’s current role as a Treasury Department advisor, as well as his deep experience as a regulator, in private practice, and on Capitol Hill make him a great choice to serve as Undersecretary of Domestic Finance.”
–MBA President and CEO Bob Broeksmit, CMB, on Jonathan McKernan’s nomination to serve as Undersecretary of Domestic Finance at the U.S. Department of the Treasury
Chart of the Week: Total Commercial Real Estate Lending
According to MBA’s Annual Origination Summation, from 2020 to 2024, commercial and multifamily mortgage originations experienced notable shifts across investor types.
ATTOM: Home Equity Dips Slightly in Q1
ATTOM, Irvine, Calif., released its Q1 Home Equity and Underwater Report, revealing that 46.2% of mortgaged residential properties were considered equity-rich in the first quarter.
Recruiting Underway: President of MISMO, the Mortgage Industry’s Standards Development Organization
Are you a visionary leader passionate about driving transformative change? Do you thrive on shaping industries through innovation and collaboration?
Associate Member Benefit Webinar, May 13
Join us for an exclusive Associate Member Benefit Webinar designed to help you make the most of your MBA membership.
Most Compliance Professionals View Technology-Driven Risks as Top Threat, eflow Global Finds
Nearly two-thirds of regulatory compliance professionals say technology-driven risk is most likely to cause compliance issues for financial services firms, according to eflow Global, Boston.
MCT: Lock Volume Indices for April Stable
Mortgage Capital Trading, San Diego, released its latest Lock Volume Indices, showing little change in mortgage activity month-over-month. It recorded a 1.07% drop in all volume for April.
LenderLogix Finds Mortgage Market Momentum
Signs point to growing borrower momentum in the mortgage market as the spring homebuying season takes off, according to LenderLogix, Buffalo.