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Volume 23 Issue 117

Monday, June 17, 2024

MBA Advocacy Update: CFPB’s Chopra Testifies on the Hill; VA Addresses Buyer-Broker Commissions Prohibition; More

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

MBA Chart of the Week: Lender’s Loan Expense For Retail, Consumer Direct Channels

The longstanding MBA and STRATMOR Peer Group Roundtables Program recently wrapped up its Spring 2024 season for benchmarking lender performance across various production channels and peer groups.

California, New Jersey, Illinois Have Highest Concentrations of At-Risk Markets: ATTOM

California, New Jersey and Illinois once again have the highest concentrations of at-risk markets in the country, according to ATTOM, Irvine, Calif.

MBA VIDEOS

MBA Research Minute

MBA Research Minute

MBANow: DEI Update with Amber Lawrence

MBANow: DEI Update with Amber Lawrence

MBA Eye on Washington

MBA Eye on Washington

mPower Moments: Utilizing Personal Strengths with MISMO’s Jan Davis

mPower Moments: Utilizing Personal Strengths with MISMO’s Jan Davis

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TOP NATIONAL NEWS

Mortgage Rates on the Decline While Applications Rise: Freddie Mac
Mortgage Rates Inch Down. Housing Is Still a Mess.
A Record Number of Homeowners Have no Mortgage. Here’s How it’s Shifting the Housing Market
These Cities are Now So Expensive They’re Considered ‘Impossibly Unaffordable’
Insuring Vacation Property
Treasury Yields Tick Higher as Traders Assess Timeline of Interest Rate Cuts

MBA NEWS

June 18–Make the Most of Your MBA Membership: Special Focus on Education
mPact Presents: Personal vs Professional Branding on July 18
mPower presents Empowering Women of Color: Breaking Barriers and Navigating Corporate Culture–June 26

Quote: June 17, 2024

“With the housing market slowing down over the past year, some metro areas appear notably better positioned than others to withstand a scenario of the market topping out and heading downward.” --ATTOM CEO Rob Barber

Leveraging the Home Equity Conversion Mortgage for Purchase Program in Today’s Market: A Strategic Business Move for IMBs

Imagine a widow wanting to relocate to a cozy, manageable home for her golden years. With today’s higher mortgage rates and the high cost of living, her dream can feel out of reach. But what if there was a way to make it easier?

June 17, 2024

People in the News, June 18, 2024

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Industry personnel news from Optimal Blue, Dovenmuehle, ServiceLink and Incenter Lender Services.

June 14, 2024

Navigating the Future: A Conversation with Dawar Alimi on Technology Trends in the Mortgage Industry

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MBA Newslink sat down with Lender Price CEO and Co-Founder Dawar Alimi to gain some insight into the current state of technology in the mortgage industry and its future trajectory.

June 14, 2024

Jonas Hoerler From Asurity–TRID Refresher Series: Understanding TRID Tolerance and Timing Requirements for Disclosures in Mortgage Transactions

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This is the first entry of a two-part refresher series covering various aspects of the TILA-RESPA Integrated Disclosure Rule.

June 14, 2024

Yardi Matrix Anticipates Minimal Rent Growth for Second Half of Year

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Yardi Matrix, Santa Barbara, Calif., released its U.S. Multifamily Outlook for Summer 2024, finding that while multifamily performance continues to be strong, rent growth is likely to remain slow through the rest of the year.

June 14, 2024

Earn Your Accredited Mortgage Professional (AMP) Designation

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When you graduate from MBA Education's School of Mortgage Banking, you become an Accredited Mortgage Professional--AMP.

June 14, 2024

Optimal Blue: Rate-and-Term Refis Jump in May

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Optimal Blue, Plano, Texas, released its Market Advantage Mortgage Data Report for May, finding, among other metrics, an almost 26% increase in rate-and-term refinances in May.

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One Voice. One Vision. One Resource. The Mortgage Bankers Association (MBA) is the national association representing the entire real estate finance industry. For more information visit us at our website.

President and CEO: Robert Broeksmit, CMB

Publisher: Marcia Davies, Chief Operating Officer

Vice President of Public Affairs: John Mechem

Editor: Michael Tucker | 202/557-2851

Editorial Manager: Anneliese Mahoney | 202/557-2938

Senior Advertising & Editorial Specialist: Emani Curry | 202/557-2774
Advertising Opportunities: Bill Farmakis | 203/834-8832