WASHINGTON–“In this whirlwind of dramatic change–whether a slew of executive orders or landmark legislation coming down the road, MBA is not hanging back and waiting to see how this will play out,” said Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, at the MBA National Advocacy Conference April 8.
Category: News and Trends
MBA Submits Letter on VA Partial Claim Legislation
The Mortgage Bankers Association weighed in with the House Committee on Veterans’ Affairs Subcommittee on Economic Opportunity ahead of Wednesday’s markup of several bills, including the VA Home Loan Program Reform Act; H.R. 1872.
Sen. Elizabeth Warren: ‘Nothing Gets Better if We Don’t Build More Housing’
WASHINGTON–Sen. Elizabeth Warren, a Democrat from Massachusetts, took to the stage during the Mortgage Bankers Association’s National Advocacy Conference April 8, emphasizing the challenges of the housing industry in the U.S. and advocating for bipartisan work and creativity in solving those impediments.
HUD Secretary Scott Turner: The Status Quo Is Not Good Enough
WASHINGTON–Department of Housing and Urban Development Secretary Scott Turner outlined some of his philosophy regarding his new role during the Mortgage Bankers Association’s National Advocacy Conference April 8.
Auction.com Reports Buyers’ Optimism Grows
Auction.com, Irvine, Calif., released its 2025 Buyer Insights Report, finding 64% of buyers of distressed properties at auction expect their purchases to increase in 2025, up from 60% in 2024 and 54% in 2023.
Chart of the Week: MOVE Volatility Index and Mortgage-Treasury Spread
Market volatility, both in equity and bond markets, increased sharply this week because of the serial surprises with respect to the direction of U.S. tariff policy.
Unlocking Efficiency and Profitability in Mortgage Servicing
In an industry defined by constant change, mortgage servicers must maintain a clear view of their processes and true costs in order to remain adaptable and profitable. This becomes increasingly important as the regulatory landscape continues to shift amid ongoing market volatility and economic unpredictability.
Servicing Quote of the Week
“Halting the VASP program will increase the number of veterans facing foreclosure unless the VA and Congress implement a permanent partial claim option as soon as possible.”
–MBA’s President and CEO Bob Broeksmit, CMB
VantageScore CreditGauge: Mortgage Credit Delinquencies Rise in February
VantageScore, San Francisco, released its CreditGauge for February, finding mortgage credit delinquencies worsened year-over-year.
Trepp: CMBS Delinquency Rate Jumps in March
Trepp, New York, reported the CMBS delinquency rate rose in March, with the overall delinquency rate up 35 basis points to 6.65%.