WASHINGTON–“The bad guys are always finding new ways to reinvent themselves,” said Stavros Nikolakakos, the deputy special agent in charge of the Washington field office, United States Secret Service.
Category: News and Trends
MBA Statement on FICO’s Introduction of New Alternative Pricing Models
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on FICO’s announcement of new alternative pricing models.
State Regulatory Landscape Sees Collaboration, Challenges, Panel Says
WASHINGTON–Under the second Trump administration, the federal regulatory scene has clearly changed. With that in mind, everyone is “keenly interested” in what’s happening in individual states, said Nanci Weissgold, 2025-2026 MORPAC Chair and Co-Chair of the Financial Services Group, Alston & Bird, at MBA’s Compliance and Risk Management Conference Sept. 29.
MISMO Publishes Artificial Intelligence Glossary
MISMO, the real estate finance industry’s standards organization, announced the release of the Artificial Intelligence (AI) Glossary, a resource designed to establish a shared vocabulary for AI across mortgage finance.
MISMO Releases Loan Boarding Dataset to Solve for Costly Errors Occurring Servicing Transfer
MISMO, the real estate finance industry’s standards organization, today announced the release of its new Loan Boarding Dataset, a standard for boarding newly originated residential mortgage loans into servicing.
Property Insurance Makes Up 7% of Housing Costs in Big Metros, ValuePenguin Reports
Homeowners in the 50 largest U.S. metros now spend an average of 7% of their monthly housing costs insuring their homes, according to the latest ValuePenguin by LendingTree study.
ICE: Homebuying Affordability Sees Best Conditions in 2.5 Years
ICE Mortgage Technology, Atlanta, released its October Mortgage Monitor report, highlighting that conditions have pushed home affordability for buyers into its best spot in 2.5 years.
MBA’s Bob Broeksmit Provides Updates on GSE Reform, Bevy of Regulatory Issues
WASHINGTON–Perhaps the biggest issue on the horizon for the U.S. mortgage market is the future of the GSEs, said Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, at the MBA Compliance and Risk Management Conference Sept. 29.
Servicing Quote of the Week
“We need two–or at least two–GSEs. Competition is a basic feature of our highly successful housing finance system.”
–MBA President and CEO Bob Broeksmit, CMB, speaking at MBA’s Compliance and Risk Management Conference
MBA Honors Constanza Krause of Space Coast Credit Union with 2025 Ken Markison Legacy Achievement Award
WASHINGTON–The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Constanza (Cony) Krause, CMB, CMCP, CRU, Manager, Learning & Development at Space Coast Credit Union.