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

ARMCO: Critical Defect Rates Continue Upward Trend
MIAMI–ACES Risk Management, Pompano Beach, Fla., said critical loan defect rates continued to increase in the first quarter.

MBA Preliminary Analysis of 2016 HMDA Data
The 2016 Home Mortgage Disclosure Act data were released late last week, along with a separate Federal Reserve analysis of the data. Here are some initial highlights:

HUD, VA Tout Risk Management Improvements
MIAMI–The government, it’s been said, moves slowly. But sometimes, the results are worth the wait.

Lopez Urges Vigilance in ‘High-Risk’ Environment
MIAMI–Financial regulators are focusing intently on lenders’ risk management organizations and practices. So is the Mortgage Bankers Association.

ARMCO: Critical Defect Rates Continue Upward Trend
MIAMI–ACES Risk Management, Pompano Beach, Fla., said critical loan defect rates continued to increase in the first quarter.

MBA Preliminary Analysis of 2016 HMDA Data
The 2016 Home Mortgage Disclosure Act data were released late last week, along with a separate Federal Reserve analysis of the data. Here are some initial highlights:

HUD, VA Tout Risk Management Improvements
MIAMI–The government, it’s been said, moves slowly. But sometimes, the results are worth the wait.

HUD Issues Waiver for Property Inspections in Irma-Affected Areas
In response to requests by the Mortgage Bankers Association and its members, HUD yesterday issued a waiver of its policy on timeframes for completing inspection of properties in areas of Florida affected by Hurricane Irma.

CoreLogic Reports 17% Increase in Mortgage Fraud Risk
CoreLogic, Irvine, Calif., said mortgage fraud risk increased in the second quarter by nearly 17 percent year over year.