Fear and Loathing in Mortgage Land
National Mortgage News, May 19, 2022–Christopher Whalen (subscription)
The Mortgage Bankers Association Secondary Conference in 2021 was a celebration of extraordinary times and the end of COVID. This year’s event was far more subdued. Issuers worry about rising delinquency levels, accusations of racial bias in lending and whether regulators in Albany and Washington are preparing a new campaign against “abuses” in mortgage servicing.