Industry Briefs Oct. 6, 2022: HUD Allocates $28M to Fight Housing Discrimination

HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.

MBA’s Battany Urges Senate to Increase RHS Funding for Housing, Technology

David Battany, Co-Chair of the MBA Affordable Homeownership Advisory Council, told members of a Senate Banking subcommittee that policymakers can advance rural housing lending by addressing three areas: better workflow; better technology; and better loan products.

David Battany Represents MBA Today Before Senate Committee

David Battany, Vice President of Capital Markets with Guild Mortgage Co., San Diego, and a member of the MBA Residential Board of Governors, testifies this Tuesday, Sept. 20 before the Senate Banking Subcommittee on Housing, Transportation and Community Development for a hearing on Examining the U.S. Department of Agriculture’s Rural Housing Service: Stakeholder Perspectives.

J.D. Power: Record Origination Volume Causes Customer Satisfaction to Erode

There are two main takeaways from the J.D. Power 2021 U.S. Primary Mortgage Origination Satisfaction Study: first, there can be too much of a good thing; and second, Rocket Mortgage/Quicken Loans didn’t top the customer satisfaction list for the first time in 11 years.