Since the federal government shutdown began on Dec. 22, the Mortgage Bankers Association has worked with the Trump Administration and Congress to minimize its impact on mortgage lenders, servicers and customers. Now, MBA is asking its membership for anecdotal evidence to support its continued efforts.
Category: News and Trends
ATTOM: U.S. Foreclosure Activity at 13-Year Low
ATTOM Data Solutions, Irvine, Calif., released its Year-End 2018 U.S. Foreclosure Market Report, which shows foreclosure filings fell by 8 percent in 2018 from the year before and by 78 percent from its 2010 peak.
CFPB Publishes Assessments of Ability-to-Repay, Mortgage Servicing Rules
The Consumer Financial Protection Bureau last week published two reports: one that largely favorably assesses effectiveness of its Ability-to-Repay and Qualified Mortgage Rule; the second that assesses effectiveness of its mortgage servicing rule issued under the Real Estate Settlement Procedures Act.
The ‘Homebodies’ Factor in Housing Supply, Sales
Homeowner tenure–the time a typical homeowner lives in a home before moving–has more than doubled in the years following the recession and has increased by 10 percent just from a year ago, said First American Financial Corp., Santa Ana, Calif.
Survey: Majority Don’t Think Finances Will Improve in 2019
A majority of Americans (55%) do not think their personal financial situation will be better in 2019 than it was in 2018, according to a new Bankrate.com report.
The ‘Homebodies’ Factor in Housing Supply, Sales
Homeowner tenure–the time a typical homeowner lives in a home before moving–has more than doubled in the years following the recession and has increased by 10 percent just from a year ago, said First American Financial Corp., Santa Ana, Calif.
The ‘Homebodies’ Factor in Housing Supply, Sales
Homeowner tenure–the time a typical homeowner lives in a home before moving–has more than doubled in the years following the recession and has increased by 10 percent just from a year ago, said First American Financial Corp., Santa Ana, Calif.
Bright Withdraws Ginnie Mae Nomination
Michael Bright, whose nomination as President of Ginnie Mae has been in congressional limbo for months, requested yesterday that his nomination be withdrawn.
As Shutdown Pressures Intensify, FHA Calls on Lenders to Assist Federal Workers
Three weeks into the partial government shutdown, pressures are mounting.
Bright Withdraws Ginnie Mae Nomination
Michael Bright, whose nomination as President of Ginnie Mae has been in congressional limbo for months, requested yesterday that his nomination be withdrawn.