Advocacy Update: Supreme Court Rules in CFPB’s Favor; FSOC Released Report on Nonbanks; Prudential Regulators Testify on the Hill
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week: Seriously Delinquent Rates by Loan Type
According to the latest results from MBA’s National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased slightly to a seasonally adjusted rate of 3.94 percent of all loans outstanding at the end of the first quarter of 2024.
MISMO Seeks Public Comment on Consolidated SMART Doc FAQ
MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on the Consolidated SMART Doc® FAQ document. The 60-day public comment period runs through July 15, 2024.