The recent increase in the adjustable-rate mortgage share of applications has caught the attention of market participants and the media. The ARM share has increased from 3.1 percent in the first week of January to 10.3 percent as of the week ending May 13, peaking at 10.8 percent the week prior.
Category: News and Trends
MISMO Issues MI Version 3.4 Implementation Guide for Electronic Ordering of MI Requests, Commitments
MISMO®, the real estate finance industry standards organization, launched an updated Mortgage Insurance Version 3.4 Implementation Guide.
MBA Vice Chair Mark Jones Testifies on Capitol Hill
Mortgage Bankers Association Vice Chair Mark A. Jones testified Wednesday on behalf of MBA before the House VA Subcommittee on Economic Opportunity.
#MBASecondary22: Ginnie’s McCargo, FHFA’s Thompson Look Ahead
NEW YORK—As with the mortgage industry, government agencies also had to transition quickly during the coronavirus pandemic.
Highlights of MBA’s Revised May Forecasts
The Mortgage Bankers Association released its revised monthly Economic Forecast and monthly Mortgage Finance Forecast. Here are highlights and commentary from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
#MBASecondary22: A Volatile Economic Outlook
NEW YORK—The mortgage industry is coming off two of its best years in history, despite a temporary but economically devastating pandemic. Now, economists said here at the MBA National Secondary and Capital Markets Conference & Expo, the industry is entering a more challenging environment.
#MBASecondary22: Ginnie’s McCargo, FHFA’s Thompson Look Ahead
NEW YORK—As with the mortgage industry, government agencies also had to transition quickly during the coronavirus pandemic.
#MBASecondary22: Cyber Crimes: How to Protect Your Company
NEW YORK—With fraud, data hacks and ransomware on the rise, cyber crime is a more visible threat to financial services companies.
MBA, Winnow Solutions LLC Partner to Help Members with Compliance Research, Costs
The Mortgage Bankers Association and Winnow Solutions LLC, Anaheim, Calif., announced a partnership that will provide MBA member subscribers – at a 10% discount rate – a comprehensive database of state and federal regulations to help control costs and better manage the growing complexity of mortgage regulations.
MISMO Issues MI Version 3.4 Implementation Guide for Electronic Ordering of MI Requests, Commitments
MISMO®, the real estate finance industry standards organization, launched an updated Mortgage Insurance Version 3.4 Implementation Guide.