MBA Chart of the Week: Homeownership Rate by Age

The national homeownership rate increased to 65.1% in the final three months of 2019, the first time above 65 percent in seven years. Since bottoming out at 62.9 percent in second quarter 2016, the number of owner-occupied homes has increased by 4.5 million.

#MBAIMB20: MBA Carries Torch for IMBs

NEW ORLEANS—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, has worked for, and with, independent mortgage bankers. For him–and for MBA–it’s an easy sell.

MBA, Trade Groups File Amici Brief on Constitutionality of CFPB Structure

The Mortgage Bankers Association, the National Association of Realtors and the National Association of Home Builders this week filed a neutral amici brief with the U.S. Supreme Court in a case that could determine the future structure of the Consumer Financial Protection Bureau.

MBA, CMBA Comment on California Proposed Privacy Rules

The Mortgage Bankers Association, the California Mortgage Bankers Association and several other industry trade groups submitted a letter to the Office of the California Attorney General to comment on its proposed rules to implement the impending California Consumer Privacy Act.

MBA Releases New White Paper: The Basic Components of an Information Security Program

The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.

CIAT Urges Renewal of Terrorism Risk Insurance Act

With the Terrorism Risk Insurance Act set to expire (again) at the end of 2020, the House Financial Services Committee isn’t wasting time in pushing its reauthorization. And neither is the Coalition to Insure Against Terrorism, of which the Mortgage Bankers Association is a member.