American Banker, Feb. 25, 2020–Neil Haggerty (subscription)Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird …
MBA Newslinks Archive
FHA Seeks Fast Action on Foreclosure-Sale Proposal
National Mortgage News, Feb. 25, 2020–Bonnie Sinnock (subscription)HUD asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them …
Part One: Is Customer-for-Life an Impossible Dream?
National Mortgage Professional, Feb. 25, 2020–Rick GrantThere are so many reasons the mortgage industry needs to find a way to build loyalty among home loan borrowers. It’s not just that …
Mortgage Applications Back Up in MBA Weekly Survey
Mortgage applications continued their strong start to 2020, increasing by 1.5 percent from one week earlier as key interest rates fell again, the Mortgage Bankers reported this morning in its Weekly Mortgage Applications Survey for the week ending February 21.
The 10-Year Treasury Yield Sets a New All-Time Low–Here’s Why
MarketWatch, Feb 25, 2020–Sunny OhA day after U.S. stock benchmarks recorded their biggest one-day selloff in two years, investors are taking shelter in the deepest, most liquid haven asset in …
New Jersey Has Highest Property Taxes in U.S.; Hawaii Has Lowest
Barrons, Feb. 25, 2020–Liz Lucking New Jersey is the most costly state in the U.S. for property taxes, WalletHub reported. Hawaii had the lowest real estate tax load, with an …
FHA Announces Changes to CWCOT Program
HousingWire, Feb. 25, 2020–Sarah WheelerFor government agencies, the road to a streamlined process is a hard slog through outdated technology, requiring battles with regulators and legislators. But that doesn’t stop …
CFPB’s Kraninger Says QM Proposal, Remittance Rule Will be Out by May
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 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.