MBA Education, the award-winning education division of the Mortgage Bankers Association, honored Colorado Housing and Finance Authority’s Natalie Weaver, AMP, with its Willis Bryant Award.
Category: News and Trends
Christopher Brown of Fiserv: Lenders Warm Up to Open Banking
As the federal government and other high profile financial services providers have embraced the cloud, lenders increasingly consider open banking a safe and efficient option to hosting services in their own data centers. This is a positive development for reasons that benefit borrowers and lenders alike.
Rhonda McGill of PerformLine: CFPB Director Rohit Chopra–A Year in Review
In his first year as Director of the CFPB, Chopra has taken an aggressive approach to consumer protection through market monitoring inquiries, interpretive rules, circulars, advisory notices, and enforcement actions.
Dan Ortiz of Enact: The Impacts of Climate Change on the Mortgage Industry
Climate change may seem like a distant topic to many, but it has the potential to affect various industries in many different ways. The mortgage industry, in particular, faces unique risks due to climate change and its impacts.
Quote
“Homebuyer affordability took an enormous hit in September, with the 75-basis-point jump in mortgage rates leading to the typical homebuyer’s monthly payment rising $102 from August. With mortgage rates continuing to rise, the purchasing power of borrowers is shrinking.”
–Edward Seiler, MBA Associate Vice President of Housing Economics.
MBA Weekly Survey Oct. 26, 2022: Rates Increase 10th Straight Week; Applications Drop Again
Mortgage rates rose for the 10th consecutive week, driving mortgage applications to another 25-year low, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 21.
People in the News Oct. 27, 2022: Megan Booth Joins MBA as AVP of Commercial/Multifamily Policy
Megan Booth joined the Mortgage Bankers Association’s Commercial/Multifamily Department as Associate Vice President of Commercial/Multifamily Policy.
#MBAAnnual22: Former Fed Vice Chair Roger Ferguson Reads the Tea Leaves
NASHVILLE—In the current volatile economic environment, former Federal Reserve Vice Chair Roger Ferguson said the best qualities in formulating economic policy are evenhandedness and empathy.
MBA Opens Doors Foundation Announces 2022 Award Winners
NASHVILLE – The MBA Opens Doors Foundation announced recipients of its annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance to families with critically ill or injured children.
mPowering You: ‘Get Out of Your Own Way’
NASHVILLE—All professionals face challenges in the workplace, but executive coach Nichole Provonchee says decades of research by academics and her own research shows women face specific challenges more often than their male counterparts.