MBA Urges House to Support FY2021 T-HUD Priorities

The Mortgage Bankers Association, in a July 14 letter to House leadership, urged the House to approve key industry-supported provisions for FHA in the federal government’s fiscal 2021 proposed budget.

MBA Urges House to Support FY2021 T-HUD Priorities

The Mortgage Bankers Association, in a July 14 letter to House leadership, urged the House to approve key industry-supported provisions for FHA in the federal government’s fiscal 2021 proposed budget.

MBA: Share of Loans in Forbearance Falls 4th Straight Week

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance decreased by 21 basis points to 8.18% of servicers’ portfolio volume for the week of July 5, from 8.39% the week before. MBA now estimates 4.1 million homeowners are in forbearance plans, down from 4.2 million the previous week.

MBA: Share of Loans in Forbearance Falls 4th Straight Week

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance decreased by 21 basis points to 8.18% of servicers’ portfolio volume for the week of July 5, from 8.39% the week before. MBA now estimates 4.1 million homeowners are in forbearance plans, down from 4.2 million the previous week.

Industry Briefs July 14, 2020

FirstClose Inc., Austin, Texas, a provider of technology platforms for banks and credit unions, partnered with Temenos, a banking software company. With integration of the FirstClose ONE platform into Temenos Infinity Loan Origination, customers can order instant and bundled reports on credit, flood, valuation, tax and title directly from the loan origination system.

Industry Briefs July 7, 2020

CoreLogic, Irvine, Calif., launched OneHome, a virtual, collaborative platform for real estate agents and their clients looking to buy, sell or make improvements to a home. Following a launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogic’s multiple listing platform.

MBA: Share of Mortgage Loans in Forbearance Dips to 8.47%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 1 basis point to 8.47%of servicers’ portfolio volume as of June 21, a slight decrease from 8.48% the week before. MBA now estimates 4.2 million homeowners are in forbearance plans.