MBA Education holds a Webinar, Ensuring HMDA Data Integrity and Common Reporting Issues, on Wednesday, Dec. 14 from 2:00-3:00 p.m. ET.
Category: News and Trends
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.
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“Given FHA’s healthy financial position, MBA continues to believe that HUD should make FHA loans more affordable by reducing mortgage insurance premiums as soon as budgetary opportunities allow. This move would help offset the impact of higher mortgage rates and improve the purchasing power for many prospective first-time homebuyers, minority buyers, and those with low and moderate incomes.”
–MBA President & CEO Robert Broeksmit, CMB.
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.
Souren Sarkar, CMB of Nexval on Business Process Outsourcing
Souren Sarkar, CMB, is president and co-founder of Nexval, a provider of technology-enabled mortgage services and fintech innovation for the financial services industry.
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.
What to Expect When Expecting Distress: A Special Servicer Roundtable
With interest rate hikes, recession talk and rising inflation defining themes for commercial real estate, MBA NewsLink asked three special servicing executives to get their takes on labor, property and capital market dynamics.
MISMO Updates eModification Reference Flyer
MISMO®, the real estate finance industry standards organization, announced an updated version of its eModification Reference Flyer, an industry resource designed to help servicers and other mortgage organizations easily navigate the investor requirements for electronically-signed loan modification agreements
Fitch: Commercial mREIT Cash Earnings Supported by Higher Rates
U.S. commercial mortgage real estate investment trusts’ earnings will likely continue to trend modestly higher into 2023 as the sector remains predominantly asset-sensitive, reported Fitch Ratings, New York.