In the latest edition of To the Point with Bob, MBA President and CEO Robert Broeksmit, CMB, discusses how MBA advocacy resulted in a bipartisan effort on Capitol Hill to assist the nation’s veterans.
Category: News and Trends
To the Point with Bob: Bipartisan Effort Helps Protect Affordable Mortgages for Veterans
In the latest edition of To the Point with Bob, MBA President and CEO Robert Broeksmit, CMB, discusses how MBA advocacy resulted in a bipartisan effort on Capitol Hill to assist the nation’s veterans.
MBA Commends Administration, Congress for Protecting Affordable Mortgages for Veterans Act
The Mortgage Bankers Association applauded President Donald Trump for signing into law the Protecting Affordable Mortgages for Veterans Act of 2019.
MBA, Trade Groups Offer FCC Recommendations on ‘Robocalls’ Policy
The Mortgage Bankers Association and nearly a dozen disparate trade associations offered the Federal Communications Commission a series of recommendations on curbing unlawful “robocalls” while preserving the ability of businesses to legitimately conduct vital business and customer services by phone.
Homeownership Rate, Homeowner Vacancy Rates See Slight Dip in 2Q
The national homeownership rate fell slightly in the second quarter to 64.1 percent, the Census Bureau reported yesterday.
Ginnie Mae Solicits Feedback on Stress Testing Framework
Ginnie Mae this week published a Request for Input on the analytical framework it is developing to assess Issuer financial performance under a variety of economic environments.
Black Knight June ‘First Look’ Sees Calendar-Driven Spike in Delinquencies
Black Knight, Jacksonville, Fla., issued its June ‘First Look’ Mortgage Monitor, noting a seasonal quirk resulted in a spike in mortgage delinquencies from May’s record low.
CMBS Special Servicing Rates Diverge
The commercial mortgage-backed securities special servicing rate settled down in June after two “roller coaster” months, but drilling deeper reveals an interesting trend, reported Trepp, New York.
Remodeling, Home Improvement Forecasts Take Downward Turn
Growth in residential remodeling, which until recently had experienced steady if unspectacular growth, is showing signs of a longer-term slowdown, according to several reports.
CFPB: 1 in 4 Consumers Have at Least One Debt in Collection
The Consumer Financial Protection Bureau released a report yesterday saying more than one in four consumers with a credit report have at least one debt in collection by third-party debt collectors.