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“We are pleased that FHFA will now allow a significant portion of the unused committed agency servicing advance lines of credit to count toward the liquidity requirements. In addition, the agencies significantly reduced and recalibrated the ‘origination liquidity’ requirements to better reflect expected margin call risk.”
–MBA President and CEO Bob Broeksmit, CMB.

MBA Premier Member Profile: Ascent Software Group LLC

Ascent Software Group LLC provides the Jaro suite of appraisal tools. Ascent brings changes to the valuation process through automation and deep integration to the entire end to end workflow. At Jaro, we build more than tech—We forge connections.

Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

Steve Ferringer of INCENTER LLC on Home Equity Lending

teve Ferringer is Executive Vice President of Enterprise Business Development with INCENTER LLC, Fort Washington, Pa. Incenter helps mortgage bankers optimize processes and improve performance.

Chris Sabbe of PHH Mortgage on the Subservicing Industry

Chris Sabbe is Senior Vice President of Enterprise Sales for PHH Mortgage. A recognized leader in the subservicing industry, he is responsible for managing and growing the company’s enterprise sales and actively onboarding new MSR/Co-Issue sellers.