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Category: News and Trends

Understanding the Playbook for Distressed Asset Due Diligence
It’s a good time to brush up on the essential tools of distressed asset due diligence, says Erika Haberlen from Partner Engineering and Science, Inc. and Partner Valuations Advisors.

CMG Foundation Presents Wine Auction Event in Conjunction With MBA Secondary
Sponsorships are still available for the CMG Foundation’s 10th Annual Charity Wine Tasting & Auction at the Mortgage Bankers Association’s Secondary and Capital Markets Conference, held May 18. The event will benefit MBA Opens Doors Foundation and the Gary Sinise Foundation.

MBA Submits Letter on VA Partial Claim Legislation Ahead of Veterans’ Affairs Subcommittee Hearing
The Mortgage Bankers Association weighed in with the House Committee on Veterans’ Affairs Subcommittee on Economic Opportunity ahead of Wednesday’s markup of several bills, including the VA Home Loan Program Reform Act; H.R. 1872.

Quote of the Day
“We have to decrease the cost and increase the supply; we have to unleash the power of the private sector and free market to build our way out of this housing affordability crisis.”
–HUD Secretary Scott Turner, speaking at MBA’s National Advocacy Conference

Upcoming School of Loan Origination Courses
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.

MBA Presents Burton C. Wood Award to Becky Sandiland, CMB, of Belay Bank Mortgage
The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to Rebecca “Becky” Sandiland, CMB, Senior Loan Advisor at Belay Bank Mortgage, at MBA’s 2025 National Advocacy Conference.

Bob Broeksmit on MBA Advocacy, Priorities in New Administration
“In this whirlwind of dramatic change–whether a slew of executive orders or landmark legislation coming down the road, MBA is not hanging back and waiting to see how this will play out,” MBA President and CEO Bob Broeksmit, CMB, said at MBA’s National Advocacy Conference.

FHA Further Extends Foreclosure Moratoriums for Borrowers Affected by Hurricanes Helene, Milton
The Federal Housing Administration on Tuesday further extended the foreclosure moratoriums for areas affected by Hurricanes Helene and Milton through July 10, 2025.

Dealmaker: Newmark Arranges $105M Sale of Hollywood Office Building
Newmark arranged the $105 million sale of 1601 Vine, a Class A office building located in Los Angeles’ Hollywood submarket.