Category: News and Trends

CoreLogic, Irvine, Calif., reported 4.6 percent of U.S. mortgages in some stage of delinquency in July, down by nearly 1 percent from a year ago.

The Mortgage Bankers Association, in a separate letter and with a coalition of industry trade groups, urged members of the House Financial Services Committee to support legislation that would clarify and amend the High Volatility Commercial Real Estate bank capital rule.

MIAMI–“Fraud is beginning to show itself in new and exciting ways,” said Don Effertz, vice president of risk management with DataVerify Inc., Chesterfield, Mo.

Millennials poured $514 billion into the U.S. housing market over the past year as the largest generation of home buyers, said Zillow Inc., Seattle. But new survey data show their homeownership aspirations are stymied by affordability issues, frustration with the buying and selling process and a “cutthroat” housing market.

MIAMI–Chief risk officers here at the Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum shared what keeps them up at night.

MIAMI–Mortgage fraud cases have been a downward trend for more than a decade–all the more reason, said law enforcement officials here at the Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum, to be even more vigilant.

Ten years after the financial crisis, residential mortgage servicing is finally settling into a “new sense of normal,” said S&P Global, Dallas.

MIAMI–“Fraud is beginning to show itself in new and exciting ways,” said Don Effertz, vice president of risk management with DataVerify Inc., Chesterfield, Mo.

MIAMI–“Fraud is beginning to show itself in new and exciting ways,” said Don Effertz, vice president of risk management with DataVerify Inc., Chesterfield, Mo.

MIAMI–Financial regulators are focusing intently on lenders’ risk management organizations and practices. So is the Mortgage Bankers Association.