
MBA Advocacy Update: FHFA Director Nominated; Confirmation Hearing Recaps on Turner, Bessent; FHA Finalizes Loss Mitigation
This week’s top legislative and policy news from the Mortgage Bankers Association.

FundingShield: Nearly Half of Transactions at Risk
During the fourth quarter, 45.5% of transactions on a $84.1 billion portfolio comprising residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud, according to FundingShield, Newport Beach, Calif.

Milliman: Mortgage Delinquency Risk Increased in Q3
Milliman, Seattle, released its Q3 Milliman Mortgage Default Index for GSE acquisitions, finding that mortgage delinquency risk rose to 2.12% for loans acquired in the third quarter from 2.03% in the second quarter.