Kroll Bond Rating Agency, New York, said commercial mortgage-backed securities servicers “performed admirably” over the last two years while facing nearly unprecedented distress during the COVID pandemic.
Category: News and Trends
Mortgage Action Alliance Issues Immediate ‘Call to Action’: Support Nationwide Use of RON
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action Monday supporting bipartisan legislation that would allow notaries in all states to perform Remote Online Notarization transactions.
MISMO Calls for Participants for New Workgroup Focused on Standardizing Regulatory Compliance Examination File
MISMO®, the real estate finance industry’s standards organization, issued a call for participants for a new development workgroup focused on defining the standard loan data fields and delivery format that lenders must provide state regulators for the loan portfolio review portion of state examinations.
Sales Boomerang: Surge in Credit Improvement Alerts Suggests Opportunity for Lenders to Revisit Turndowns
Sharp increases in cash-out, credit-improvement and new-listing alerts quarter-over-quarter point to opportunity for lenders in a contracting mortgage market, reported Sales Boomerang, Owings Mills, Md.
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“Just last week, the full House Energy and Commerce Committee passed H.R. 3962 by an overwhelming vote.”
–MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, asking Mortgage Action Alliance members to contact their U.S. Representative immediately to support H.R. 3962, the SECURE Notarization Act of 2021.
MBA Advocacy Update July 25 2022
Some activities of note during a busy week on Capitol Hill.
Few Mortgage Innovations Actually Save Lenders Money. eClosing is One of Them.
Joe Garrett is Principal with Garrett, McAuley & Co., a banking and mortgage banking consulting firm that helps lenders increase revenues, control costs and better manage risk.
MISMO Issues Call for Participants For New Housing Counseling Workgroup
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new development workgroup focused on creating a unified dataset aimed at making the housing counseling process more efficient and effective for borrowers and lenders with the goal of facilitating greater access to homeownership.
MBA Updates Economic, Mortgage Market Forecasts
The Mortgage Bankers Association released updated Economic and Mortgage Market forecasts Thursday.
MBA Premier Member Profile: Salesforce
Salesforce is the #1 CRM, bringing companies and customers together in the digital age.