The Washington Post, Sept. 19, 2024-Abha Bhattarai and Rachel SiegelFor Americans mulling a home purchase, this week’s interest rate cut meant just one thing: It’s time to get back in …
Category: Top National News
Higher Wire Fraud Insurance Coverage a Sign of the Times
National Mortgage News, Sept. 19, 2024-Brad FinkelsteinCertifid has doubled the amount of insurance coverage provided against wire fraud for each transfer the company verifies, as the funds moved for both …
Will FHFA IG’s Report Lead to a Flood Insurance Crackdown?
National Mortgage News, September 20, 2024–Bonnie SinnockThe regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at the recommendation of its …
MBA Member Advantage Program: Exclusive Benefits and Discounts with Industry Partners
MBA has partnered with several companies to offer member discounts on products and services you use every day, adding significant value to your MBA membership. Access more details about how …
Consumers Have a Debt Problem: Not Enough of the Right Kind
The Wall Street Journal, Sept. 16, 2024-Telis DemosToo much debt can certainly be a problem for consumers. So can too little.Click here for more (subscription)
Fed Enters Tricky Terrain: Rate Cuts in a Decent Economy
The Wall Street Journal, Sept. 16, 2024-Justin Lahart, Sam Goldfarb and Peter SantilliThe Federal Reserve is poised to start cutting rates on Wednesday, and over time those cuts will ripple …
Trump Allies Are Working on Plans to Privatize Fannie and Freddie
The Wall Street Journal, Sept. 13, 2024-AnnaMarie Andriotis and Gina HeebDonald Trump’s allies want once again to try to untie the Gordian knot of the mortgage market: what to do …
Why Mr. Cooper ‘Sidelined’ its MSR Activity
National Mortgage News, Sept. 12, 2024–Bonnie SinnockMr. Cooper, an influential publicly traded nonbank that made a significant purchase in the mortgage servicing rights market this year, acknowledged a temporary pullback …
Housing Is the Main Inflation Problem
Axios, Sept. 11, 2024-Courtenay BrownThe war on inflation is mostly won — with one big exception. Without hot housing prices, the Consumer Price Index would look even better.Click here for more
MBA Pushes for Changes to Mortgage Servicing Rules as Credit Access Expands
MPA, Sept. 11, 2024-Candyd MendozaThe Mortgage Bankers Association (MBA) is advocating for key changes to mortgage servicing rules under Regulation X, urging the Consumer Financial Protection Bureau (CFPB) to simplify …