The Path to Diversity Scholarship Program recognizes existing industry professionals who are seeking to advance their careers through continuing education. Recipients receive a voucher to cover course registration fees, up …
MBA Newslinks Archive
MBA Education/ALTA Digital Closing & eMortgage Boot Camp Dec. 11-12
MBA Education and the American Land Title Association present a special Digital Closing & eMortgage Boot Camp Dec. 11-12 in Arizona at the Hilton Scottdale Resorts & Villas. https://www.mba.org/store/events/classroom-course/mba-and-altas-digital-closing-and-emortgage-boot-camp-az
MBA Independent Mortgage Bankers Conference in New Orleans Feb. 3-6
As an Independent Mortgage Banker, you are constantly looking for market opportunity–to expand your network, grow your business. Join us to get the latest insights and updates on industry trends …
Housing and the Holidays
Leadership during times of economic opaqueness, scary events and political drama can lack efficacy. What worked in the past is a poor roadmap into the future–whack-a-mole urgency will widen the gaps between enterprises. Innovation and automation may be the only certainties over the next 18 months.
MBA Letter Supports Self-Employed Mortgage Access Legislation
Ahead of an anticipated vote this week in the House Financial Services Committee, the Mortgage Bankers Association yesterday sent a letter of support for legislation that would help ensure fair access to mortgage credit for households with “non-traditional” forms of income.
CoreLogic: Lowest August Delinquency Rates in 20 Years
CoreLogic, Irvine, Calif., said just 3.7% of mortgages were in some stage of delinquency in August, down by 0.2 percent from a year ago to its lowest rate since 1999.
Congress Considers Fix to QM Patch
HousingWire, Nov. 11, 2019–Kathleen HowleyCongress will consider legislation on Wednesday to fix the so-called QM Patch that permits some loans to borrowers with high debt levels to be considered Qualified …
Jerome Powell’s Narrow Path to a Second Term as Fed Chair
American Banker, Nov. 10, 2019–John Heltman (subscription)With more than two years left in his term as Federal Reserve chairman, Jerome Powell finds himself in a unique bind: Neither the president …
Zillow Experiences Growing Pains as It Moves from Listing Homes to Buying Them
HousingWire, Nov. 11, 2019–Julia FalconWhile the company is seeing positive results in terms of growth and revenue generation, Zillow is also experiencing some serious financial growing pains as it expands.https://www.housingwire.com/articles/zillow-experiences-growing-pains-as-it-moves-from-listing-houses-to-buying-them/
VA Mortgage Lending Increases Almost 9% as Refinancing Rebounds
National Mortgage News, Nov. 11, 2019–Bonnie Sinnock (subscription)Dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing …