The Federal Housing Finance Agency on Thursday re-proposed minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.
Category: News and Trends
Servicing22: Building Resiliency for Crisis Preparedness
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.
MBA Economists: Outlook Strong for Originations, Servicing
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.
MBA Chart of the Week: Servicing Customer Inquiries Per Loan
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.
Servicing22: How the Pandemic Made Government Loan Programs More Nimble
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.
Sponsored Content from ACES Quality Management: Prep Your Audit Process for Fair Servicing
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.
1Q ‘Zombie’ Properties Edge Down Despite Uptick in Foreclosure Activity
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.
Servicing22: ‘The Most Essential Work in Mortgage Finance’
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.
MBA: Share of Mortgage Loans in Forbearance Drops to 1.30%
Loans in forbearance fell again in January to pre-pandemic lows, the Mortgage Bankers Association reported on Monday.
Quote
“Figure out what your company is doing on ESG. Because you don’t want to be at an investor meeting and have a ‘deer in the headlights’ moment when people ask you what you are doing on ESG.”
–Lisa Brylowski, Global ESG Coordinator and Vice President with Brookfield Asset Management, Toronto.