MBA Applauds House Passage of VA Partial Claims Bill

MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the passage of the VA Home Loan Program Reform Act (H.R. 1815) in the U.S. House of Representatives.

An MSR Update from MIAC Analytics

The U.S. Treasury 10-year closed April at 4.17%, from 4.23% at the end of March. Despite the slight downtick in rates, investor demand for MSRs remains strong, with select offerings clearing at mid to high 6x execution multiples.

Protecting CRE Servicing from Fraud

HOLLYWOOD, FLA.–Keeping ahead of fraudulent activity is essentially a full-time function for mortgage servicers, panelists said here at MBA’s Commercial/Multifamily Finance Servicing and Technology Conference.

Panelists Outline Challenges to Releasing GSEs, Possibility of Guarantee

NEW YORK–“In any market system where you have some lack of clarity, there’s a price to that,” said Scott Ulm, CEO and Vice Chairman of ARMOUR Residential Reit Inc. “Undoubtedly, the more ambiguity you put into it, the higher the price gets.”

N.Y. Fed President John Williams Offers Economic Outlook

NEW YORK–John Williams, President and CEO of the Federal Reserve Bank of New York, offered an optimistic but measured view of the U.S. economy during a session at the Mortgage Bankers Association’s Secondary and Capital Markets Conference.

Servicing Quote of the Week

“There were mixed results for mortgage performance in the first quarter of 2025 compared to the end of 2024. Delinquencies on conventional loans increased slightly, while mortgage delinquencies on FHA and VA loans declined.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis