Compliance officers and inside and outside counsel will find the content they know and trust at the Mortgage Bankers Association’s Compliance and Risk Management Conference.
Category: News and Trends
Quote: Aug. 31, 2023
“The nation was in a housing recession between May and November last year. We briefly came out of recession between December and April of this year, but have since dipped back in to housing recession this summer as rates have increased and sales volume dipped lower again.”
–Mark Fleming, Chief Economist with First American, Santa Ana, Calif., in “Pending Home Sales Increase Again”
MBA Weekly Survey Aug. 30: Mortgage Applications Increase
Mortgage applications increased 2.3 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 25, 2023.
MBA Opens Doors Foundation Surpasses 15,000 Families Assisted Milestone
The MBA Opens Doors Foundation announced it has provided mortgage and rental payment assistance to more than 15,000 families since the launch of the Foundation’s Home Grant Program in 2012.
Maddin Hauser’s Martin Frenkel & Brian Nettleingham: AI Adoption in Mortgage Industry Draws Increased Scrutiny, New Rulemaking From CFPB and Other Regulators
The rapid advancement of artificial intelligence technology is raising both hopes and eyebrows across government and industry. Where industry players see tremendous potential benefits in productivity, convenience, and innovation, regulators are equally concerned with the potential risks and dangers AI technology may pose to consumers.
The Death of Data: Why is BFSI’s Data Increasingly “Obsolete?”
The use cases for data inclusion and storage have centered around “data is an asset.” However, will traditional system approaches (e.g., SaaS) create the data robustness necessary for future operations, decision making, and predictions? Looking forward to leveraging AI-enabled solutions, our traditional data is quickly becoming obsolete as innovations transcend our current implementation methods.
MISMO Launches Enhanced Closing Instruction Templates, XML Mapping Specification
MISMO, the real estate finance industry’s standards organization, published a new set of enhanced work products designed to create a standardized exchange for closing instructions information.
MBA Annual Session Highlight: American Leadership Session Oct. 16
Hear from top leaders of distinctly American institutions, foundational to our economy and housing ecosystem during this session, Monday, Oct. 16 from 10:30 AM-11:45 AM.
MBA Opens Doors Foundation Surpasses 15,000 Families Assisted Milestone
The MBA Opens Doors Foundation announced it has provided mortgage and rental payment assistance to more than 15,000 families since the launch of the Foundation’s Home Grant Program in 2012.
The Death of Data: Why is BFSI’s Data Increasingly “Obsolete?”
The use cases for data inclusion and storage have centered around “data is an asset.” However, will traditional system approaches (e.g., SaaS) create the data robustness necessary for future operations, decision making, and predictions? Looking forward to leveraging AI-enabled solutions, our traditional data is quickly becoming obsolete as innovations transcend our current implementation methods.