The MBA Accounting & Financial Management Conference will be held virtually, December 9 - 10. Speaking proposals are being accepted until Thursday, August 13.

The Mortgage Bankers Association and nearly a dozen industry trade organizations on Aug. 10 asked the Consumer Financial Protection Bureau to extend the comment period on its Request for Information on expanding access to credit through Regulation B, which implements the Equal Credit Opportunity Act.

As companies loan volumes continue to rise, so does the need for in-depth financial management and reporting tools that can help mortgage companies track and manage the month-over-month changes.

Brookstone Management, Howell, N.J., a national provider of mortgage field services, announced JK Huey, CMB, AMP, joined its Advisory Board and will serve as Corporate Ambassador.

With the average time to close a mortgage transaction still 40+ days, the experience of a “one-tap'' digital mortgage seems distant to most onlookers. In reality, however, the important measure of efficiency is how long a borrower actually spends in the mortgage factory line—in other words, how long it takes to get approved and complete all of the necessary requirements and paperwork before closing.

(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by 23 basis points to 7.44% of mortgage servicers’ portfolio volume as of Aug. 2, down from 7.67% of servicers’ portfolio volume the prior week. MBA estimates 3.7 million homeowners are in forbearance plans.

Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed a $20.5 million loan to rehabilitate and preserve affordability of nine multifamily properties in West Town and Humboldt Park in Chicago.