MBA’s President and CEO Bob Broeksmit, CMB, released a statement on HUD’s announcement of changes to the minimum debt service coverage ratio (DSCR) and maximum loan-to-cost percentage (LTC) levels for FHA multifamily loans.
Tag: MBA
MBA, Other Groups Send FHA Letter on Loss Mitigation Update Recommendations
The Mortgage Bankers Association, along with a number of other trade groups, sent a letter to FHA on its November 2024 proposal on loss mitigation updates to its Servicing Handbook.
MBA and State MBAs, Consumer Advocates Welcome Long-Awaited Rule on PACE Loans
The Mortgage Bankers Association and National Consumer Law Center, along with the California Mortgage Bankers Association, Housing Policy Council, Jacksonville Area Legal Aid, Mortgage Bankers Association of Missouri, Mortgage Bankers Association of Florida, and Public Counsel of California issued the following joint statement in response to the Consumer Financial Protection Bureau’s final rule on consumer protections for residential Property Assessed Clean Energy (PACE) loans.
MBA Opens Doors Foundation Welcomes Success Mortgage Partners’ Owen Lee, Philanthropist Mary Clarke Stevens to Board of Directors
The Mortgage Bankers Association’s Opens Doors Foundation welcomed Owen Lee, 2025 MBA Vice Chair and CEO of Success Mortgage Partners, and philanthropist Mary Clarke Stevens to its Board of Directors.
People in the News, Nov. 19, 2024
Industry personnel news from Dark Matter Technologies, Optimal Blue, MAXEX, MBA, Fannie Mae, FHFA, Certainty Home Lending and Provident Bank.
People in the News, Nov. 6, 2024
Industry personnel news from Xactus, ServiceLink and Ascribe.
MBA’s Bob Broeksmit: MBA Ready to Act, No Matter Election Outcome
DENVER–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, said no matter how the election shakes out next week, MBA is ready to take action for its members.
MBA Promotes Wendy Penn, Amber Lawrence
Wendy Penn has been promoted to Vice President for Affordable Housing Initiatives and Amber Lawrence has been promoted to Vice President of Diversity, Equity, and Inclusion.
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased Modestly in Second-Quarter 2024
The level of commercial/multifamily mortgage debt outstanding increased by $31.4 billion (0.7%) in the second quarter of 2024, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
Mortgage Credit Availability Increased in August
Mortgage credit availability increased in August according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.