Servicing costs for performing loans dropped in 2016 for the first time since the beginning of the recession in 2008, according to the latest MBA Servicing Operations Study.
Category: News and Trends

MBA Comments on CFPB ‘Look-Back’ of Servicing Rule
The Consumer Financial Protections Bureau earlier this year asked the real estate finance industry to help it assess the effectiveness of its 2013 Mortgage Servicing Rule. The Mortgage Bankers Association was happy to oblige.

CoreLogic: Mortgage Performance Continues Steady Improvement
CoreLogic, Irvine, Calif., said overall mortgage delinquencies fell below 5 percent in April as mortgage performance continued to show signs of improvement.

MBANow: Marina Walsh Discusses Mortgage Industry Performance, Trends
The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

CMBS Issuance, Payoffs Up
Despite a “sluggish” start to the year, private-label commercial mortgage-backed securities volume finished the first half at $34.4 billion–up 27.8 percent year-over-year, reported Kroll Bond Rating Agency, New York.

MBANow: Marina Walsh Discusses Mortgage Industry Performance, Trends
The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

MBANow: Marina Walsh Discusses Mortgage Industry Performance, Trends
The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

MBA, Trade Groups Ask DOJ Meeting on Fair Lending Laws
The Mortgage Bankers Association and other industry trade groups asked Attorney General Jeff Sessions for a meeting to discuss concerns federal fair lending policy.

MBA Comments on GSE Proposed ‘Duty to Serve’ Plans
The Mortgage Bankers Association yesterday offered comments to the Federal Housing Finance Agency in response to proposed Underserved Market Plans of Fannie Mae and Freddie Mac.

Underwater Borrower Population Falls to 11-Year Low
Black Knight Financial Services, Jacksonville, said homeowners with negative equity fell below two million for the first time since 2006.