HOPE NOW: February Loan Modifications Up

HOPE NOW, Washington, D.C., said permanent loan modifications rose slightly in February as foreclosure starts and delinquencies fell.

MBA Call to Action Urges Support of GSE Reform

The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action on Friday, urging its members to contact their representatives and senators to support efforts to reform the secondary mortgage market.

MBA, Trade Groups Offer Support for PACE Bills

More than two dozen industry trade groups joined the Mortgage Bankers Association in letters yesterday to support legislation that would modify consumer protection requirements for Property Assessed Clean Energy loans, also known as PACE loans.

CFPB Issues Proposal to Clarify HMDA

The Consumer Financial Protection Bureau yesterday issued a proposal to modify the Home Mortgage Disclosure Act, clarifying which data financial institutions would be required to collect and report about their mortgage lending practices.