Sept. 7: Recent LO Comp Enforcement and Supervisory Activity

The Consumer Financial Protection Bureau recently published its Summer 2023 Supervisory Highlights and maybe most importantly for mortgage lenders, there are potential significant changes to how the LO Comp rule is interpreted. Join MBA and industry experts as we walk through the current understanding of the LO Comp guidance and what it means for your policies and procedures.

Zillow: First-Time Home Buying Jumps to 50%

Zillow, Seattle, found in its 2023 Consumer Housing Trends Report that first-time buyers are making up 50% of all buyers, up from 45% in 2022 and 37% in 2021.

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.