LAS VEGAS—Security risks don’t just mean breaches and ransomware. Increasingly, individuals and companies are losing money due to wire fraud and other attacks.
Category: News and Trends
FHFA Issues 2022-2026 Strategic Plan
The Federal Housing Finance Agency, Washington, D.C., released its 2022-2026 Strategic Plan last Thursday.
#MBATech2022: How Trends Intersect in a Changing Industry
LAS VEGAS—Real estate finance has migrated quickly from a person-to-person business to a person-to-tech-device-to-person business. And socio-economic forces are rapidly steering technology to reshape business—even as business continues to fine-tune technology.
#MBATech2022: Where We Are on the Digital Journey
LAS VEGAS—We have been hearing about digitalization of mortgages for years. What has been successful, and what has fallen short? Are lenders’ real-world results living up to the hype?
MBA Education Fundamentals of Mortgage Banking for Secondary Marketing Professionals Virtual Workshop May 9
MBA Education presents a virtual workshop, Fundamentals of Mortgage Banking for Secondary Marketing Professionals, on Monday, May 9. Join MBA Education for a virtual workshop tailored specifically for Secondary Marketing …
Quote
“March was another month of lower forbearance rates and a higher share of overall loans and forbearance-related workout loans that are current. The share of loans in forbearance continues to dwindle and is just 5 basis points shy of hitting 1 percent — or 500,000 homeowners — after peaking at 4.3 million borrowers in June 2020. It has been a remarkable recovery for many homeowners in less than two years.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
MBA Weighs in on CFPB Fees
The Mortgage Bankers Association weighed in with the Consumer Financial Protection Bureau regarding its request for comment on fees imposed by consumer financial product and service providers.
MBA Weighs in with CFPB Regarding Fees
The Mortgage Bankers Association weighed in with the Consumer Financial Protection Bureau regarding its request for comment on fees imposed by consumer financial product and service providers.
Big Changes at Fannie Mae
Fannie Mae, Washington, D.C., announced Board Chair Sheila C. Bair and CEO Hugh R. Frater will resign effective May 1. The Board elected Michael J. Heid to succeed Bair and appointed Fannie Mae President David Benson as Interim CEO and Board member.
MBA: IMB Production Profits Fall in 2021 from Record 2020
Despite above-average production profits, mortgage banks saw a decline in 2021 from record profits in 2020, the Mortgage Bankers Association reported Monday.