“The invasion of Ukraine is expected to result in instability for some time and could result in escalating cyber risks to our industry. As lending is a critical component of our nation’s infrastructure, we urge our members to remain extra vigilant for attempts to breach their systems through phishing and other attack methods.”
–Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association.
The Federal Housing Finance Agency on Feb. 25 published a final rule that amends the Enterprise Regulatory Capital Framework by refining the prescribed leverage buffer amount and risk-based capital treatment of retained credit risk transfer exposures for Fannie Mae and Freddie Mac.
ORLANDO—The Mortgage Bankers Association’s Servicing Solutions Conference & Expo is live and in person for the first time since 2020. MBA Chair Kristy Fercho opened the Conference by acknowledging the challenging environment servicers have faced during that period.
The Federal Housing Finance Agency on Thursday re-proposed minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.
ORLANDO—Perhaps more than any other segment of the real estate finance industry, mortgage servicing had to adapt to the impact of the coronavirus pandemic.
ORLANDO—Despite another potentially economy-altering event this week—this time, the Russian invasion of Ukraine—Mortgage Bankers Association economists said the current picture for mortgage originators and servicers remains upbeat.
In this week’s MBA Chart of the Week, we focus on borrower communications, specifically the average number of annual servicing customer inquiries per loan. MBA has tracked this data through its Servicing Operations Study and Forum since 2008.
ORLANDO—Perhaps the most innovative adaption in the real estate finance industry during the coronavirus pandemic came not from the mortgage industry itself, but from the historically least agile sector—government loan programs.
Given regulators’ renewed focus on fair lending and fair servicing, learn how to enhance your audit practices to meet regulatory expectations in 2022 and beyond.
ATTOM, Irvine, Calif., reported a drop in vacant “zombie” properties in the first quarter despite an increase in foreclosure activity for the second straight quarter.
