MBA Advocacy Update May 9 2022

Last Thursday, the OCC, Federal Reserve, and FDIC issued a joint notice of proposed rulemaking overhauling Community Reinvestment Act regulations. And HUD announced an exclusive listing period for CWCOT Post-Foreclosure Sales.

Grandbridge’s Marcy Thomas Talks CMBS, DEI, CCMS Designation

MBA NewsLink interviewed Marcy Thomas, Vice President and Portfolio Loan Manager with Grandbridge Real Estate Capital LLC, about CMBS servicing, DEI, the upcoming Commercial/Multifamily Finance Servicing and Technology Conference and what the CCMS designation means to her.

Spring, Summer Best Time to Sell Home

May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.

Kurt Johnson Joins MISMO Board of Directors

MISMO®, the real estate finance industry standards organization, announced Kurt Johnson, Executive Vice President and Chief Risk and Compliance Officer with Mr. Cooper, Dallas, joined the MISMO Board of Directors.

MBA: Mortgage Delinquencies Decrease in First Quarter

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the first quarter’s close, the Mortgage Bankers Association’s National Delinquency Survey reported.

MISMO Spring Summit in Charleston June 6-9

The MISMO Spring Summit takes place June 6-9 in Charleston, S.C. MISMO plays an essential role as the central point for collaboration between lenders, servicers, regulators, GSEs and technology providers, …

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“Housing demand continues to benefit from one of the strongest job markets we have experienced in the last 50 years. Although mortgage rates have risen sharply and home prices have continued to rise at a rapid pace, we expect that many potential homebuyers will continue to be in the market given their strong financial position.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni