MBA Advocacy Update

On December 23, MBA sent a letter to Ginnie Mae offering recommendations on how the agency can improve its upcoming Digital Collateral Guide. Last week, the U.S. Department of Homeland Security and the New York Department of Financial Services both issued warnings alerting companies to potential cybersecurity risks. And on December 20, the Georgia Department of Banking and Finance finalized rules regarding mortgage loan originator temporary authority.

The Week Ahead

Welcome back from the holidays. Now, take a deep breath and get ready for December!

MBA Advocacy Update

Last Friday, MBA President and CEO Bob Broeksmit, CMB, attended a White House meeting chaired by HUD Secretary Ben Carson and attended by other senior administration officials and key industry stakeholders to discuss housing affordability. And on Monday, the Federal Housing Finance Agency announced it is seeking comment on pooling practices for Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Securities market.

MBA Recognizes 44 New Certified Mortgage Banker Graduates

AUSTIN, TEXAS–MBA Education, the award-winning education division of the Mortgage Bankers Association, recognized 44 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony held here at the MBA 2019 Annual Convention & Expo.

The Week Ahead

The Mortgage Bankers Association’s Annual Convention & Expo is less than three weeks away.