MBA Advocacy Spurs Crackdown on Deceptive VA Loan Marketing
The settlements signal a remarkable effort by the Consumer Financial Protection Bureau to hold lenders accountable for their dealings with the nation’s veterans—and the culmination of advocacy by the Mortgage Bankers Association to protect earned benefits for servicemembers, veterans and surviving spouses.
MBA Awards $135,000 in Path to Diversity Scholarships
The Mortgage Bankers Association awarded more than $135,000 in scholarships to 166 women and minorities under its Path to Diversity (P2D) Scholarship Program during FY2020. Scholarships recognize existing industry professionals from MBA member companies seeking to advance their careers through MBA Education programs and courses.
Consumers Resilient Despite Broader Economic Challenges
Serious delinquency rates in August improved once more across all consumer credit segments even as the number of people in accommodation programs dropped for the second consecutive month, reported TransUnion, Chicago.
RE/MAX: ‘Blistering Hot” Housing Market Sets August Records
The RE/MAX August National Housing Report cited records for lowest inventory as well as highest median sales price. Home sales rose by 4.3% and marked the third-highest total in the report’s 13-year history covering 53 metro markets.