ORLANDO—The Mortgage Bankers Association released a white paper that analyzes federal foreclosure prevention programs and offers recommendations to better align and standardize those programs.
MBA Newslinks Archive
#MBAServicing2020: ‘Stronger Servicing Starts Here’
ORLANDO—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, kicked off the MBA Servicing Solutions Conference & Expo here with praise for the work the mortgage servicing industry has done in recent years.
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
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.
Bill Neville of LoanLogics on Regtech and Data Analytics: Past, Present and Future
Bill Neville is CEO of LoanLogics, Trevose, Pa., responsible for overseeing all company operations, technology and software development, and leading the strategies that continue the company’s growth as a regtech technology provider. In addition to his executive role, he is also a member of LoanLogics’ Board of Directors.
The Real World: Why RON Matters and What Lenders Should Expect
There are countless arguments that have been made regarding why lenders should embrace remote online notarization, but in my eyes it all boils down to a few questions every lender should be asking themselves. How do I make it more convenient for my borrowers to do business with me? How do I fully realize the benefits of an eClosing? How can we increase loan officer referrals?
People in the News
The Mortgage Bankers Association presented Stacey Berger, Executive Vice President of Midland Loan Services, with its 2020 Commercial Real Estate Finance Distinguished Service Award.
MBA NewsLink Monday, February 24, 2020
Kraninger Wants More Money for CFPB. White House Has a Different Plan
American Banker, Feb. 20, 2020–Kate Berry (subscription)The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and …
Wells Fargo Nears About $3 Billion Deal to End Federal Probes
Bloomberg, Feb. 20, 2020–Hannah LevittThe long-anticipated settlement would mark the largest yet from a series of scandals that claimed two chief executive officers and fueled billions of dollars in operating …