MBA Letter Voices Concerns Over FHFA DTI-Based LLPA 

The Mortgage Bankers Association on Friday sent a letter to the Federal Housing Finance Agency expressing concerns regarding recently announced changes to loan-level price adjustments by Fannie Mae and Freddie Mac, particularly addition of an LLPA based on debt-to-income ratio.

MBA Promotes Heather Messam, Justin Wiseman, Joel Kan

The Mortgage Bankers Association promoted Heather Messam to Vice President and Controller; Justin Wiseman to Vice President and Managing Regulatory Counsel; and Joel Kan to Vice President and Deputy Chief Economist.