MBA, Trade Groups Release Statement Urging Regulators to Establish Liquidity Facility

The Mortgage Bankers Association and a broad coalition of organizations representing financial industry and affordable housing advocates on Saturday released a statement calling on government regulators to provide a source of liquidity to those mortgage servicers that may need additional capacity to support homeowners and renters impacted by COVID-19.

MBA 2020 Tech All-Star Jane Mason: Bringing Clarity to Chaos

On the website of Clarifire, a Software-as-a-Service company specializing in workflow automation in multiple industries, particularly mortgage servicing, the company declares its vision: “To transform chaos into clarity.”

Crapo Urges Treasury, Fed for Quick Guidance on Title IV of CARES Act

Senate Banking Committee Chairman Mike Crapo, R-Idaho urged the Treasury Department and the Federal Reserve to act quickly to provide guidance on Title IV of the Coronavirus Aid, Relief and Economic Security (CARES) Act, which was signed into law Friday.

MBA, Trade Groups Outline Challenges Facing Borrowers Amid COVID-19

The Mortgage Bankers Association and a half-dozen industry trade groups this week sent a letter to the White House and other government agencies discussing concerns and challenges facing homeowners in paying their mortgage due to the COVID-19 crisis.

MBA, Trade Groups Outline Challenges Facing Borrowers Amid COVID-19

The Mortgage Bankers Association and a half-dozen industry trade groups this week sent a letter to the White House and other government agencies discussing concerns and challenges facing homeowners in paying their mortgage due to the COVID-19 crisis.

New York Fed Posts TALF Term Sheet

The Federal Reserve Bank of New York yesterday posted a term sheet indicating servicing advances are eligible collateral for borrowing from the Term Asset-Backed Securities Loan facility, also known as TALF.