BREAKING NEWS
Congress Approves Fiscal 2020 Spending Bill with Key MBA Priorities
The Senate yesterday afternoon passed a $1.4 trillion spending package that will fund the federal government through fiscal year 2020 and avoid another government shutdown.
The Internal Revenue Service yesterday posted a clarification on the effective date of new taxpayer consent and disclosure requirements needed to obtain and share IRS tax transcript information with investors, servicers and due diligence firms.
Existing home sales fell in November, the National Association of Realtors reported yesterday, putting a damper on what had otherwise been a strong month for housing market performance.
The Mortgage Bankers Association and MBA NewsLink are accepting nominations for the MBA NewsLink 2020 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 10.
MISMO®, the mortgage industry standards organization, is seeking feedback on recent updates MISMO has made to its eMortgage Closing Guide and related eMortgage Glossary.
Daniel Sogorka is CEO of Cloudvirga, Irvine, Calif., He has more than 20 years of experience leveraging technology to remove inefficiency and lower costs in the mortgage space.
Today’s financial institutions are faced with many challenges, chief among them reducing costs, improving efficiency and introducing innovation so they can be ahead of the curve. One path many prefer to take to meet these objectives is outsourcing, which has dramatically changed how businesses operate today.
Enterprise Community Partners and Wells Fargo launched the Housing Affordability Breakthrough Challenge, an initiative designed to spark new housing affordability ideas.
Enterprise leaders believe that innovation is a destination--that is misguided. The reason we use innovation now is as a tool to be found in economies that are driven by attention, technology and data. It will be, in 2020, an unfamiliar mandate.
Commercial/multifamily mortgage debt outstanding rose by $75.7 billion (2.2 percent) in the third quarter, the Mortgage Bankers Association reported this morning.