MBA Education presents a one-day Workshop, Fundamentals of Mortgage Banking for Servicing Professionals, on Monday, Feb. 13 from 10:00 a.m.-3:30 p.m. ET.
Category: News and Trends
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“Conditions that pushed delinquency rates to these near-record lows have been shifting. We expect to see some stress work its way back into some loans. Very slight increases during the third quarter in the delinquency rates of life company and Freddie Mac loans may signal the beginning of these trends.”
–Jamie Woodwell, MBA Head of Commercial Real Estate Research.
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“Creation of this data standard will allow MBS sellers to consistently present BWIC data to dealer desks to facilitate increased accuracy, liquidity, and rapid pricing by the dealers for the BWIC lists. Development of this tool is part of MISMO’s ongoing efforts to increase efficiency across the mortgage finance industry.”
–Seth Appleton, President of MISMO.
MISMO Launches New Bids Wanted in Competition Template
MISMO®, the real estate finance industry’s standards organization, released the Bids Wanted in Competition standard template to facilitate the bidding process for mortgage-backed securities between mortgage originators and dealers.
HUD Increase Flood Insurance Options for FHA Mortgage Holders in Special Flood Areas
HUD on Monday announced it will allow homeowners with FHA-insured mortgage financing to obtain flood insurance policies that conform to FHA requirements from private insurance providers.
MBA: October Share of Mortgage Loans In Forbearance Up Slightly
The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance increased by 1 basis point to 0.70% of servicers’ portfolio volume from 0.69% in the prior month as of October 31.
MBA Report: IMBs Report 3Q Losses
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net loss of $624 on each loan originated in the third quarter, the Mortgage Bankers Association reported Friday.
FHA 2022 Actuarial Report Shows Continued Improvements in Capital Ratio, HECM Performance
The Federal Housing Administration on Nov. 15 released its Annual Actual Report on the status of its Mutual Mortgage Insurance Fund, showing an increase in congressionally mandated capital reserve ratios, lower delinquency levels and a decrease in borrowers in forbearance plans.
MBA Education Workshop Feb. 13: Fundamentals of Mortgage Banking for Servicing Professionals
MBA Education presents a one-day Workshop, Fundamentals of Mortgage Banking for Servicing Professionals, on Monday, Feb. 13 from 10:00 a.m.-3:30 p.m. ET.
MBA Servicing Solutions Conference & Expo in Orlando Feb. 21-24
The Mortgage Bankers Associations Servicing Solutions Conference & Expo, Roadmap to Servicing Success, takes place Feb. 21-24 at the Hyatt Regency Orlando.