MBA Updates Coronavirus Resource Center; House Committee Asks MBA for Input on COVID-19 Consumer Protections; MBA Coronavirus Webinar Today
It seems the only thing moving faster than COVID-19 itself—now classified as a pandemic by the World Health Organization—is news about the coronavirus. Here is a quick update from the Mortgage Bankers Association:
MISMO, the mortgage industry standards organization, today released proposed updates to the Industry Loan Application Dataset, its modernized dataset for the exchange of loan application data.
CoreLogic, Irvine, Calif., said the number of Americans with negative equity in their homes fell to the lowest level since before the Great Recession, with 96,000 homeowners regaining equity in the fourth quarter.
Seventy-seven percent of U.S. mortgage holders say the size of their mortgage has a negative impact on their ability to save money for the future, according to a survey by Bankrate.com, New York.