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

Built efficiently in off-site facilities and regulated by federal construction standards that supersede state and local codes, modern manufactured homes are cost-effective, energy efficient and quicker to build than traditional site-built housing.

MBANow recently sat down with some mortgage industry leaders to hear about their experience with the Certified Mortgage Banker designation.

MBA NewsLink recently interviewed Curtis Knuth, President & CEO of Service 1st, an NCS/National Credit-Reporting System company. He discussed the challenges for lenders to qualify borrowers with incomes from today’s gig economy and the outlook for AI in the mortgage business.

Many mortgage professionals recognize AI’s potential but struggle with the same questions: Where do we start? What are the right use cases? How do we implement AI without disrupting our operations?

The job market softened somewhat in February, with the unemployment rate increasing to 4.1%, the pace of private sector job growth up by 140,000, and wage growth steady at 4%.