MBA Statement on FHA’s New Loss Mitigation Option

MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Administration’s (FHA) Payment Supplement, a new loss mitigation alternative to a traditional loan modification.

FHA’s Julia Gordon on 2024 Priorities at #MBACREF24

SAN DIEGO–Getting policies to the finish line–and what could hold that up–was the big theme from a discussion between Julia Gordon, Assistant Secretary for Housing and Federal Housing Commissioner at HUD, and MBA President and CEO Bob Broeksmit, CMB, here Feb. 13.

MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2023

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88% of all loans outstanding at the end of the fourth quarter of 2023, according to the Mortgage Bankers Association’s National Delinquency Survey.

MBA Statement on FHA’s Annual Report to Congress

Bob Broeksmit, CMB, President and CEO of the Mortgage Bankers Association, issued the following statement regarding the Federal Housing Administration’s release of its annual report to Congress: