To the Point With Bob: FSOC’s Bid to Regulate Non-Bank Firms Will Harm Consumers, Mortgage Sector
In a new blog post, MBA President and CEO Bob Broeksmit, CMB, delves into the FSOC push to regulate non-bank firms, and how that could negatively affect the sector.
MBA Weekly Survey Nov. 1: Mortgage Applications Decrease
Mortgage applications decreased 2.1 percent from one week earlier, according the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 27, 2023.
Fitch Ratings: U.S. Non-Bank Mortgage Capital ‘Resilient to Earnings Pressures’ in 2024
Fitch Ratings, New York, said it expects headwinds to continue to pressure revenue and earnings of non-bank mortgage companies next year, as origination volumes remain challenged given the higher-for-longer rate environment and industry overcapacity.
