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Volume 23 Issue 38

Monday, February 26, 2024

MBA Advocacy Update: FHA’s New Payment Supplement Program; MBA Amicus Brief in PHH Mortgage Corporation v. Guthrie; More

This week’s top legislative and policy news from the Mortgage Bankers Association.

FHA Commissioner Gordon Announces New Loss Mitigation Option: #MBAServicing24

ORLANDO--Loss mitigation made news last week at MBA’s Servicing Solutions Conference & Expo 2024.

ICE First Look: Delinquencies Down in January

Intercontinental Exchange Inc., Atlanta, released its “first look” at mortgage performance, reporting the national delinquency rate dropped to 3.38% in January. That’s the lowest level since October.

MBA VIDEOS

MBA Eye on Washington

MBA Eye on Washington

Princess Mackie Buys a House Visits a New Orleans Elementary School

Princess Mackie Buys a House Visits a New Orleans Elementary School

MBA Research Minute

MBA Research Minute

mPower Moments: Serving Diverse Communities with CNB’s Dr. Vanessa Montañez

mPower Moments: Serving Diverse Communities with CNB’s Dr. Vanessa Montañez

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TOP NATIONAL NEWS

U.S. Treasury Yields Fall as Investors Look to Key Economic Data
Modest Growth Expected In Housing Market Despite Lingering Affordability Challenges
Non-Banks Better Positioned for Rising HELOC Volume
These Show Homes Take Different Paths
Commercial Mortgage REITs Weathered Another Quarter. They’re Cheap Again.
What Many Get Wrong About the US Office Market

MBA NEWS

Today: MISMO Industry Standards Residential Technology Webinar
Make Your Voice Heard through MBA Mortgage Action Alliance
MBA Secondary & Capital Markets Conference & Expo May 19-22

Quote: Feb. 26, 2024

"This is a brand-new innovation in loss mitigation. It's designed to address what every servicer is seeing, which is that the FHA recovery mod does not work so well when a borrower comes in with a mortgage rate that's significantly lower than prevailing rates." --Julia Gordon, Assistant Secretary for Policy and Federal Housing Commissioner, speaking at MBA’s Servicing Solutions Conference & Expo

MBA Chart of the Week: 2024 Commercial Mortgage Maturities Pushed Up by 2023 Extensions

Commercial mortgages tend to be relatively long-lived, spreading maturities out over several years.

February 27, 2024

Susan Graham of FICS on APIs in Mortgages: Driving Efficiency and Connectivity

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The mortgage landscape has been dramatically reshaped in recent years due to the explosive growth of automation and technology. One crucial element that has emerged as the linchpin of this financial revolution is interconnection.

February 26, 2024

People in the News, Feb. 27, 2024

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Industry personnel news from Embrace Home Loans, Ardán, Freddie Mac, FirstFunding and Merchants Bank.

March 06, 2024

Artificial Intelligence & Mortgage – The Art of the Possible: June 3

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In today's increasingly competitive and uncertain mortgage environment, lenders need to pay close attention to the power of Artificial Intelligence (AI).

February 26, 2024

Nexval’s Souren Sarkar on Bolstering Cyber Defenses in Mortgage Technology

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When it comes to technology, today’s mortgage companies find themselves at a very interesting crossroads.

February 23, 2024

Executives Discuss Their Challenges, Goals: #MBAServicing24

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ORLANDO--Top executives from PennyMac Financial Services, Merchants Bank of Indiana, M&T Bank Corp., Mr. Cooper and Freedom Mortgage Corp. discussed the biggest challenges the mortgage servicing industry faces here at MBA’s Servicing Solutions Conference & Expo 2024.

February 23, 2024

Equifax Workforce Solutions’ Jarod Jones–Topics, Trends and Challenges Impacting the Lending Landscape in 2024

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As 2024 gets into full swing, it’s critical that lenders are aware of trends impacting--or that have the potential to impact--the current mortgage lending landscape.

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