MBA Advocacy Update: HUD Adopts MBA-Recommended Updates to 203(k) Loans; Fed Chair Calls for Basel III Re-Proposal; CFPB Issues Reg X Proposal
This week’s top legislative and policy news from the Mortgage Bankers Association.
Auction.com Finds Most Default Servicers Expect Soft Landing, Slowly Rising Foreclosures
Most default servicers expect a soft landing in the economy and a gradual increase in foreclosure volumes in the second half of 2024, according to Auction.com, Irvine, Calif.
MBA Chart of the Week: State, Local Building Performance Standards
New York City has Local Law 97. Washington D.C. has its Building Energy Performance Standards (BEPS). Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).
