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

MBA Newslink recently interviewed Maria Moskver, CEO of CloudVirga, Irvine, Calif., about a new whitepaper she worked on regarding Artificial Intelligence in the mortgage industry.

In the first article of this series, we reviewed some of the key requirements and limitations the TRID Rule imposes on lenders. Here, we’ll delve into some of the legacy thresholds reviewed in TRID examinations as well as provide some useful recommendations for lenders to ensure ongoing TRID compliance.

Over the past year, I’ve talked with many lenders who believe that as soon as the next wave of refinances hits the business, all their problems will go away. But that isn’t guaranteed.

After a modest downturn, homeowner expenditures for improvements and repairs are expected to trend up through the first half of 2025, the Joint Center for Housing Studies of Harvard University reported.

MBA recently completed its 2024 Home Equity Lending Study (covering 2023 data) tracking trends in origination and servicing operations for home equity lines of credit and home equity loans.