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
Haven’t Reevaluated Your Document Automation Strategy Yet? Now’s the Time
Whether you’re an originator, servicer, wholesale lender or investor, managing loan documents and data effectively can mean the difference between the success or failure of your process automation strategies.
Residential Certified Mortgage Servicer (RCMS) Designation
Designed to carry you through the process of onboarding through career advancement and setting yourself apart, the Residential Certified Mortgage Servicer (RCMS) Certificate and Designation program is a comprehensive program …
TransUnion: Mortgage Balances Remain Near Record Highs; More Consumers Turn to Home Equity Loans
TransUnion, Chicago, said total mortgage balances fell to $11.7 trillion in the second quarter, down slightly from last quarter’s record high but up 4.3% year-over-year.
MBA Advocacy Update: MBA Releases Summary on Proposed Changes to Bank Capital Requirements
This week’s top legislative and policy news from the Mortgage Bankers Association.
MISMO Seeks Comments on Title, Closing Dataset Specifications to Enhance Interoperability
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on title and closing dataset specifications that will help accelerate the industry’s digital transformation. The 30-day public comment period runs through Sept. 11, 2023.
MBA Chart of the Week Aug. 14: Delinquency Rates by Credit Type
According to MBA’s National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties fell to its lowest level since MBA’s survey began in 1979, reaching 3.37 percent in the second quarter.
First American: What Happens to Cap Rates if…
Multifamily capitalization rates have now increased for three consecutive quarters, the first time since the Great Financial Crisis. This is a sign that investors are requiring higher yields today in order to purchase a property.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.