The Mortgage Bankers Association released a new MBANow video on YouTube featuring MBA Chairman Rodrigo Lopez, CMB, who discusses release of a new MBA paper on secondary mortgage market reform.
Category: News and Trends

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.

Study: Homeowners with ARMs Increased Spending Despite Drop in Home Values
Homeowners with adjustable-rate mortgages significantly increased their spending both before and after anticipated mortgage payment decreases, despite a substantial drop in their home values, according to data from The JPMorgan Chase Institute, Washington, D.C.

MBANow: MBA Chairman Rodrigo Lopez, CMB, discusses GSE Reform Proposal
The Mortgage Bankers Association released a new MBANow video on YouTube featuring MBA Chairman Rodrigo Lopez, CMB, who discusses release of a new MBA paper on secondary mortgage market reform.

MBANow: MBA Chairman Rodrigo Lopez, CMB, discusses GSE Reform Proposal
The Mortgage Bankers Association released a new MBANow video on YouTube featuring MBA Chairman Rodrigo Lopez, CMB, who discusses release of a new MBA paper on secondary mortgage market reform.

CoreLogic: Homeowners Late on Mortgage Payments Down in January
CoreLogic, Irvine, Calif., said 5.3 percent of mortgages were delinquent by at least 30 days or more (including those in foreclosure) in January, down by 1.1 percentage point from a year ago (6.4 percent).

ATTOM: Nearly Half of U.S. Markets at Pre-Recession Foreclosure Levels
ATTOM Data Solutions, Irvine, Calif., said first quarter foreclosure activity fell below pre-recession levels in nearly half of metro areas analyzed.

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.