The Mortgage Bankers Association, in a May 7 letter to the Consumer Financial Protection Bureau, urged the Bureau to emphasize fairness over speed in its administrative adjudication process to ensure against unintended consequences and protect due process.
Category: News and Trends
CoreLogic: Declining Foreclosure Rates Signal Strong Economy
Despite the devastating 2017 hurricanes, CoreLogic, Irvine, Calif., said the national mortgage delinquency rate fell year over year and fell again month over month.
Seriously Underwater Properties Down, Equity-Rich Properties Up
ATTOM Data Solutions, Irvine, Calif., said more than 5.2 million U.S. properties remained seriously underwater at the end of the first quarter, an improvement of nearly 300,000 from a year ago.
‘It’s Our Day to Tell Our Story’
Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning “pep rally” yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.
‘It’s Our Day to Tell Our Story’
Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning “pep rally” yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.
‘It’s Our Day to Tell Our Story’
Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning “pep rally” yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.
Critical Loan Defect Rate Drops
ACES Risk Management, Pompano Beach, Fla., said its quarterly Mortgage QC Trends Report showed critical loan defect rates fell by 6 percent in third quarter 2017, the first such drop for that calendar year.
Patenude: HUD, FHA ‘Working Hard’ to Meet Challenges
WASHINGTON–HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.
HUD Proposes Multifamily Rent Reform
HUD yesterday proposed changes intended to offer multifamily property owners, public housing authorities and HUD-assisted families a simpler and more transparent set of rent structures.
Patenude: HUD, FHA ‘Working Hard’ to Meet Challenges
WASHINGTON–HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.