The Lede
Top National News
The Trend Toward Re-Shorting
Mortgage Orb, Oct. 23, 2017--Nora CaleyBanks and other financial entities are increasingly announcing that they are opening call centers in the U.S. and creating domestic instead of offshore jobs. Some industry experts say this has been a trend for several years and is due to several factors, from regulatory pressure to cost savings to bad publicity.
Full Story
Are Servicers Ready for The Next Wave of Defaults?
Servicing Management, Oct. 23, 2017--Sandra JareshAlthough the impact of hurricanes Harvey and Irma on the national mortgage default rate has yet to be fully realized, unforeseen events such as these can result in a wave of defaults that can challenge a servicing shop.
Full Story
‘Regulation by Enforcement’ Makes Compliance Unpredictable, New MBA Chair Says
American Banker, Oct. 23, 2017--Elina Tarkazikis (subscription)The Consumer Financial Protection Bureau's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, according to David Motley, the new chairman of the Mortgage Bankers Association.
Full Story
Is It Time to End This Beloved Tax Break?
MoneyWatch, Oct. 23, 2017--Aimee PicchiEvery year, millions of Americans use the mortgage interest deduction as a way to save on their taxes. Less clear, however, is whether this perk actually spurs homeownership and benefits the middle-class.
Full Story
Tech Talk Begins at #MBAAnnual17
HousingWire, Oct. 23, 2017--Kelsey RamirezThe housing finance industry is gathering this week in Denver, as the Mortgage Bankers Association's annual event kicked off.
Full Story
Residential Finance News
Commercial/Multifamily News
MBA News
Tomorrow at the MBA Annual Convention & Expo
The Mortgage Bankers Association's Annual Convention & Expo, The One, continues Tuesday, Oct. 24 with a busy slate of general sessions and activities.
Full Story
MBA Presents Griffith Straw, Master CMB, with Rosser Lifetime Achievement Award
DENVER--The Mortgage Bankers Association presented Griffith (Griff) Straw, Master CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
Full Story
MBA Recognizes 40 New Certified Mortgage Banker Graduates
DENVER--MBA Education, the award-winning education division of the Mortgage Bankers Association, recognized 40 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony here at the MBA Annual Convention & Expo.
Full Story
MBA Future Leaders Program Graduates 38 Residential Real Estate Finance Professionals
DENVER--The Mortgage Bankers Association recognized 38 mortgage professionals in a graduation ceremony for the MBA Future Leaders Program here at its Annual Convention & Expo.
Full Story
Tomorrow at the MBA Annual Convention & Expo
The Mortgage Bankers Association's Annual Convention & Expo, The One, continues Tuesday, Oct. 24 with a busy slate of general sessions and activities.
Full Story
MBA Presents Griffith Straw, Master CMB, with Rosser Lifetime Achievement Award
DENVER--The Mortgage Bankers Association presented Griffith (Griff) Straw, Master CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
Full Story
Tomorrow at the MBA Annual Convention & Expo
The Mortgage Bankers Association's Annual Convention & Expo, The One, continues Tuesday, Oct. 24 with a busy slate of general sessions and activities.
Full Story
MBA Presents Griffith Straw, Master CMB, with Rosser Lifetime Achievement Award
DENVER--The Mortgage Bankers Association presented Griffith (Griff) Straw, Master CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
Full Story