CNBC, Feb. 24, 2020–Diana OlickAs coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward a four-year low. They …
MBA Newslinks Archive
Housing Shortage Brings Upsurge in Bidding Wars
Redfin, Seattle, said a majority of offers submitted by its agents faced competition in January, marking a return to widespread bidding wars that had largely dissipated over the past year.
MBA Compliance Essentials Offers Certified Mortgage Compliance Professional Designation Level 1
Earn recognition for your mortgage compliance expertise: MBA Education and the MBA Compliance Essentials program offer the only certification and designation program geared exclusively towards compliance professionals in the mortgage …
Upcoming MBA Education School of Mortgage Banking I Courses
MBA Education presents its popular School of Mortgage Banking Course I. https://www.mba.org/conferences-and-education/mba-education/school-of-mortgage-banking/somb-i
MAA Quarterly Webinar Mar. 3
The Mortgage Action Alliance Quarterly Webinar provides MAA members (and prospective MAA members) with a legislative briefing on current MAA Calls to Action and other topical issues facing the industry …
MBA Names Michael Flood SVP of Commercial/Multifamily Policy and Member Engagement
The Mortgage Bankers Association appointed Michael P. Flood as Senior Vice President of Commercial/Multifamily Policy and Member Engagement.
#MBAServicing2020: MBA Releases Default Servicing Alignment White Paper
ORLANDO—The Mortgage Bankers Association released a white paper that analyzes federal foreclosure prevention programs and offers recommendations to better align and standardize those programs.
#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.
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Chart of the Week: Homeownership Rate by Age
The national homeownership rate increased to 65.1% in the final three months of 2019, the first time above 65 percent in seven years. Since bottoming out at 62.9 percent in second quarter 2016, the number of owner-occupied homes has increased by 4.5 million.