Category: News and Trends

MBA NewsLink recently posed questions to Jeffrey Hulett, managing director with KPMG LLP in Tysons Corner, Va. 

The Mortgage Bankers Association, in a survey released last week, illustrated to the Consumer Financial Protection Bureau its continued concerns that a lack of a formal compliance grace period could make the Bureau’s TILA/RESPA Integrated Disclosure rule harmful to consumers, lenders and vendors.

Black Knight Financial Services, Jacksonville, Fla., said cash-out mortgage refinancings in August reached their highest level in five years.  

Technology improves data quality and reduces chances of material defects being introduced at the closing table. 

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac completed 63,593 foreclosure prevention actions in the second quarter, bringing the total number of foreclosure prevention actions to more than 3.5 million since the start of the conservatorships in September 2008. 

If the adage that commercial real estate follows a 10-year cycle with only a seven-year memory holds true, it would be wise to refresh some memories, said Fitch Ratings Managing Director Huxley Somerville.

DALLAS–It’s the board-game equivalent of a mortgage murder mystery. 

DALLAS–What can risk managers learn from a purple dinosaur?

The Federal Housing Finance Agency yesterday released an update on the Common Securitization Platform to be used for securitization of single-family mortgages by Fannie Mae and Freddie Mac. 

The Mortgage Bankers Association joined more than two dozen industry trade groups in a letter calling on Congress to refrain from allocating Fannie Mae/Freddie Mac credit risk guaranty fees as a source of funding for highway programs.