The Mortgage Bankers Association on March 11 sent a letter to the Department of Veterans Affairs on its proposed policies establishing a partial claim option and changing the VA’s loss mitigation waterfall.
Tag: VA
MISMO Publishes Data Mapping for VA Documents
MISMO, the real estate finance industry’s standards organization, announced that the new Department of Veterans Affairs (VA) Documents Data Mapping for VA Form 26-1820 has reached “Candidate Recommendation” status.
MBA Sends Letter on VA Home Loan Program Reform Act
The Mortgage Bankers Association sent a letter to House Veterans Affairs Committee leadership May 6, expressing support for the VA Home Loan Program Reform Act, or H.R. 1815.
MBA Calls on VA, Congress to Implement Permanent Partial Claim Program to Assist Veteran Homeowners at Risk of Foreclosure
MBA President and CEO Bob Broeksmit, CMB, commented on the Department of Veterans Affairs’ reported plans of a phase-out of its Veterans Affairs Servicing Purchase program.
Carrington Mortgage Services’ Elizabeth Balce Testifies on VA Home Lending
Elizabeth Balce, Executive Vice President of Servicing, Carrington Mortgage Services, testified Tuesday at a legislative hearing before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
To the Point With Bob–Mortgage Servicers: Diligently Serving Borrowers Through Constant Change
Mortgage servicers have a vital function in the mortgage market and the wider economy, writes MBA President and CEO Bob Broeksmit, CMB.
MBA: May New Home Purchase Mortgage Applications Increased 13.8%
The Mortgage Bankers Association Builder Application Survey data for May 2024 shows mortgage applications for new home purchases increased 13.8% compared to a year ago. Compared to April 2024, applications increased by 1%.
MBA Chart of the Week: Delinquency Rates by Loan Type, Conventional, FHA, VA
According to the latest MBA National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased to 3.62% of all loans outstanding at the end of the third quarter of 2023.
(#MBAServicing23) Government Agencies Stress Flexibility
ORLANDO—Representatives of government agencies here at the Mortgage Bankers Association’s Servicing Solutions Conference & Expo stressed their agility in addressing key issues facing mortgage servicers.
(#MBAServicing23) Government Agencies Stress Flexibility
ORLANDO—Representatives of government agencies here at the Mortgage Bankers Association’s Servicing Solutions Conference & Expo stressed their agility in addressing key issues facing mortgage servicers.