As the Federal Communications Commission grapples with protecting consumers from intrusive cold calls and fax-spamming, the Mortgage Bankers Association urged the Commission to promulgate “appropriate” regulations under the Telephone Consumer Protection Act.
Category: News and Trends
Black Knight: Summer Hurricanes Push Mortgage Delinquencies Higher
Black Knight, Jacksonville, Fla., said seasonal and hurricane-related events this summer pushed mortgage delinquencies to their highest single-month rate in nearly a decade.
Rising Interest Rates Send Mortgage Payments Climbing Twice as Fast as Home Values
Home buyers today would have to spend nearly $1,400 more per year on their mortgage than they would have a year ago, as rates have risen rapidly since the beginning of 2018, said Zillow, Seattle.
MBA, Trade Groups Ask Agencies to Revise Volcker Rule
The Mortgage Bankers Association and other industry trade groups urged federal banking agencies to streamline the “Volcker Rule” to reduce costs for businesses.
Home Equity Borrowing ‘Poised to Soar;’ Remodeling Forecast Softens
TransUnion, Chicago, said growth in home equity could lead to a surge in home equity lending over the next year. However, the Joint Center for Housing Studies at Harvard University said home improvement and repair spending is expected to soften in 2019.
Single-Family Rent Prices Increase 3.1% Year-over-Year
Rent prices in single-family rental properties increased 3.1 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
Bill Emerson and Anthony Hsieh on Fintech’s Future
WASHINGTON, D.C.–The mortgage industry’s adoption of financial technology will be more evolutionary than revolutionary, two mortgage technology leaders said here at the Mortgage Bankers Association’s Annual Convention & Expo.
Bill Emerson and Anthony Hsieh on Fintech’s Future
WASHINGTON, D.C.–The mortgage industry’s adoption of financial technology will be more evolutionary than revolutionary, two mortgage technology leaders said here at the Mortgage Bankers Association’s Annual Convention & Expo.
Bill Emerson and Anthony Hsieh on Fintech’s Future
WASHINGTON, D.C.–The mortgage industry’s adoption of financial technology will be more evolutionary than revolutionary, two mortgage technology leaders said here at the Mortgage Bankers Association’s Annual Convention & Expo.
Mulvaney: Regulation by Enforcement is ‘Done’
WASHINGTON, D.C.–Bureau of Consumer Financial Protection Acting Director Mick Mulvaney said despite perceptions that the Bureau has stopped enforcing laws and regulations, the Bureau “continues to function as we did before–we are just taking a different way of looking at it.”