Commercial and multifamily mortgage delinquencies increased in the second quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
Category: News and Trends
MBA Honors Merchants Bank of Indiana’s Michael Eising with 2023 Ken Markison Legacy Achievement Award
The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Michael Eising, CMB, CMCP, Vice President and Mortgage Compliance Manager at Merchants Bank of Indiana.
Wednesday: Section 1071–A Practical Approach to Unpacking the CFPB’s Final Rule
The Consumer Financial Protection Bureau’s Section 1071 requires financial institutions to collect and report data from credit applications made by small businesses. The CFPB finalized a rule to create a new data set and increase transparency in small business lending.
MBA Annual Opening General Session: Songs of America with Tim McGraw, Jon Meacham
Through strife and triumph, music is as integral to the American experience as the elected leaders and formal politics that shape it. Pulitzer Prize-winning biographer Jon Meacham and Grammy Award-winning entertainer, author, and actor Tim McGraw team up to present a moving and insightful journey through history at MBA Annual.
Sept. 13: Budgeting and Financial Planning for Non-Believers
Let’s face it, budgeting and financial planning may not be glamorous, and many mortgage bankers will say, “Tell me what rates will be, and I’ll tell you how much money we’ll make.” But this isn’t a viable approach to a dynamic and difficult industry, and the top-performing mortgage bankers would never take this same approach.
LoanLogics’ Jenevieve Impavido: Overcoming a New Catch-22—Fannie Mae’s QC Requirements
Many lenders will need to rethink their loan QC strategies if they hope to pass muster with Fannie Mae, Freddie Mac—or for that matter any other investor in the secondary market.
Quote: Sept. 12, 2023
“MBA cannot control macroeconomic forces, but what we can do is make sure the actions of policymakers help our industry instead of hindering it at a crucial time.”
–Mortgage Bankers Association President & CEO Robert Broeksmit, CMB
Today: Optimizing Technology in the Origination Process
Join MBA Education and industry experts for an in-depth discussion on the things lenders can do to have impact right now while preparing for when the market comes back.
PrivoCorp CEO Sam Verma: The Future of the Mortgage Industry: Augmenting Human Capabilities with AI and Automation
The mortgage lending industry is experiencing a significant revolution, powered predominantly by artificial intelligence (AI) and Blockchain technology. While AI holds tremendous promise for transforming the lending process, there are valid concerns about its influence on human employment and the likelihood of biased outcomes.
MBA Weighs in With Senate on Property Insurance Market
The Mortgage Bankers Association weighed in with the Senate Committee on Banking, Housing and Urban Affairs last week regarding challenges in the property insurance market and their impact on consumers.