BREAKING NEWS
Highlights from Morning Sessions at MBA Annual19 in Austin, Texas
AUSTIN, TEXAS--Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, delivered opening remarks to attendees here at the MBA Annual Convention & Expo that focused on a number of MBA accomplishments over the past year, as well as a list of challenges still facing the real estate finance industry.
AUSTIN, TEXAS--Like many people attending the Mortgage Bankers Association’s Annual Convention & Expo here, Brian Stoffers, CMB, never intended to become a mortgage banker.
AUSTIN, TEXAS--HUD and the Department of Justice today signed a memorandum of understanding outlining “prudent” guidance for False Claims Act violations, a move that analysts said could help eliminate uncertainty in FHA lending and provide incentives for private market lending in government lending programs.
AUSTIN, TEXAS--Brian Stoffers, CMB, Global President of Debt & Structured Finance with CBRE, Houston was sworn in yesterday as 2020 Chairman of the Mortgage Bankers Association here during the association’s 2019 Annual Convention & Expo.
This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.
AUSTIN, TEXAS--The Mortgage Bankers Association swore in its Board of Directors for the 2020 membership year here at the association’s 2019 Annual Convention & Expo.
American technologist, artist and set designer Bran Ferren has been quoted describing technology as “something that doesn’t work yet.” I think a lot of us in the mortgage industry can relate to his description. We use technology all the time, yet technology often fails to solve our most critical problems.
No one is disputing the operational benefits or the cost savings lenders can achieve with digital closings. What seems to be still up for debate is how feasible it is for lenders to go digital today, with discussion focused on the “all or nothing” proposition.
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.
OnCourse Learning, Brookfield, Wis., and Dale Vermillion’s Mortgage Champions announced a partnership to combine their licensing, compliance continuing education and sales training offerings into a service designed to help lenders develop and retain top talent in today’s competitive mortgage marketplace.
