ANNOUNCEMENT
MBA Offices Will Close Today at Noon ET and Re-open on Thursday, Jan. 2, 2020. On Behalf of MBA Officers and Staff, Have a Safe and Happy Holiday Season!
In 2019, with the confirmation of Mark Calabria to head the Federal Housing Finance Agency and the release of the Trump administration’s reform plans, housing finance reform took center stage again. Against that backdrop, MBA continued to assert its position as the thought leader on all elements of housing finance reform.
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The Mortgage Bankers Association, in a Dec. 23 letter to Ginnie Mae, offered a series of recommendations as the agency develops its upcoming Digital Collateral Guide.
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November sales of new single‐family houses rose by 1.3 percent from October and by nearly 17 percent from a year ago, HUD and the Census Bureau reported yesterday.
In the third quarter, homeowners’ equity in real estate reached $18.7 trillion--continuing a run of consecutive quarterly increases dating back to 2012.
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.
In this ongoing article series, we report on mortgage and credit union vendor marketplace events and trends, and we then share our viewpoints. Today we focus on a subset of vendors whereby each have an intriguing model adding value to clients – and substantially serving borrowers too. Technology is blurring the lines, enabling innovation and expansion of traditional business boundaries.
MBA NewsLink looks at 2020 with perspectives on mortgage technology from several industry executives: Pat Stone of Williston Financial Group; Mike Seminari and Seth Sprague, CMB, of STRATMOR Group; Raymond Eshaghian of Greenbox Loans; and Jane Mason of Clarifire.
ACES Risk Management, Denver, released its quarterly Mortgage QC Trends Report, showing a continued drop in overall critical defects but an uptick in FHA loan performance.
The Mortgage Bankers Association and other industry trade groups last week commended HUD for making recommended changes to FHA-insured mortgages and urged the department to move forward to implementation.
MISMO®, the mortgage industry standards organization, is seeking feedback on recent updates MISMO has made to its eMortgage Closing Guide and related eMortgage Glossary.
