To the Point with Bob: FHFA Needs a Better Plan on Loan-Level Pricing Fees

On March 15, the Federal Housing Finance Agency announced that it would postpone the implementation of loan-level pricing adjustment fees that would be based on a borrowers’ debt-to-income ratio in Fannie Mae and Freddie Mac’s single-family pricing grids until deliveries on or after August 1. The delay creates an opening for FHFA to get the policy right. The DTI-based LLPA is unworkable and should be replaced.

To the Point with Bob: FHFA Needs a Better Plan on Loan-Level Pricing Fees

On March 15, the Federal Housing Finance Agency announced that it would postpone the implementation of loan-level pricing adjustment fees that would be based on a borrowers’ debt-to-income ratio in Fannie Mae and Freddie Mac’s single-family pricing grids until deliveries on or after August 1. The delay creates an opening for FHFA to get the policy right. The DTI-based LLPA is unworkable and should be replaced.

To the Point with Bob: Reducing FHA’s MIP

In the latest edition of To the Point with Bob, MBA President & CEO Bob Broeksmit, CMB, outlines MBA’s support of a reduction in the FHA Mortgage Insurance Premium set by HUD.

To the Point with Bob: Reducing FHA’s MIP

In the latest edition of To the Point with Bob, MBA President & CEO Bob Broeksmit, CMB, outlines MBA’s support of a reduction in the FHA Mortgage Insurance Premium set by HUD.

To the Point with Bob: Servicers are Helping Borrowers Through the Pandemic

Policymakers have gone to great lengths to provide servicers and borrowers the tools they need to bring about a successful resolution in the vast majority of cases. I hope that policymakers will continue to allow servicers to do what they do best – help their customers.

To the Point with Bob: Servicers are Helping Borrowers Through the Pandemic

Policymakers have gone to great lengths to provide servicers and borrowers the tools they need to bring about a successful resolution in the vast majority of cases. I hope that policymakers will continue to allow servicers to do what they do best – help their customers.

To the Point with Bob: Servicers are Helping Borrowers Through the Pandemic

Policymakers have gone to great lengths to provide servicers and borrowers the tools they need to bring about a successful resolution in the vast majority of cases. I hope that policymakers will continue to allow servicers to do what they do best – help their customers.

To the Point with Bob–IMBs and the CRA: A Misguided Match

In this edition of To the Point with Bob, MBA President & CEO Robert Broeksmit, CMB, says while the Community Reinvestment Act serves an important policy objective, it is inappropriate to apply it to independent mortgage banks.