National Mortgage News, Feb. 25, 2020–Neil HaggertyThe CFPB’s director said both steps will come as part of an ongoing review of agency rules and show her “commitment under the law …
MBA Newslinks Archive
MBA Names Freddy Feliz VP of Information Technology, Chief Information Officer
The Mortgage Bankers Association announced Freddy Feliz joined the Association as Vice President of Information Technology and Chief Information Officer.
Consumer Confidence Rises Slightly
The Conference Board, New York, said its Consumer Confidence Index rose for the second straight month in February, albeit slightly.
S&P: Home Prices Continue Modest Growth
S&P Dow Jones Indices, New York, said its S&P CoreLogic Case-Shiller Indices showed home prices continue to increase at a modest rate across the U.S through the end of 2019.
#MBAServicing2020: For Servicing Industry, A Cautious Economic Outlook
ORLANDO—Low mortgage rates, improved home-building rates and a growing number of people aspiring to homeownership makes for an optimistic formula for the mortgage servicing industry, said Mortgage Bankers Association economists, despite some potential headwinds in the short term.
Equifax Launches Mortgage-Servicing Product Bundle
Mortgage Professional America, Feb. 25, 2020–Candyd Mendoza Equifax launched a package of mortgage-servicing products designed to support financial institutions throughout the loan-servicing life cycle.https://www.mpamag.com/news/equifax-launches-mortgageservicing-product-bundle-214763.aspx
California Lawmakers Want to Limit Development Fees on New Homes to Combat Housing Crisis
KABC-TV, Los Angeles–Feb. 25, 2020In an effort to combat the affordable housing crisis, state lawmakers announced a package of bills to limit development fees that can add thousands of dollars …
Venture Firm’s New Fund Helps E-Commerce Retailers Go Offline
Wall Street Journal, Feb. 25, 2020–Keiko Morris A real estate-focused venture capital firm closed a $100 million fund to invest in companies born online that are looking to join the …
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?
#MBAServicing2020: ‘Stronger Servicing Starts Here’
ORLANDO—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, kicked off the MBA Servicing Solutions Conference & Expo here with praise for the work the mortgage servicing industry has done in recent years.