Leadership of the CCMS Philanthropic Committee sat down with MBA NewsLink to discuss its changes and efforts.
Category: News and Trends
BLS: 254,000 Jobs Added in September
The Bureau of Labor Statistics announced 254,000 jobs were added in September, with the unemployment level still relatively flat at 4.1%.
Mortgage Industry Steps Up to Assist Homeowners Affected by Hurricane Helene
(Updated Oct. 7) This is a developing story that will be updated regularly. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.
Servicing Quote Tuesday, Oct. 1, 2024
“The passage of this three-month CR would keep essential housing programs at the Department of Housing and Urban Development, Veterans Affairs, and the Department of Agriculture running without interruption and would also avoid a lapse of the NFIP, which would leave millions of Americans at risk by disrupting the purchase of flood insurance in communities across our country.”
–MBA’s President and CEO Bob Broeksmit, CMB, on the CR before it was passed
MBA Statement on FHFA’s Suspended Counterparty Program Re-Proposal
MBA President and CEO Bob Broeksmit, CMB, issued a statement regarding the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program (SCP) regulation.
Fraud Panel: Watch Out for ‘Low-Hanging Fruit,’ Synthetic Identities, Business Email Compromises
WASHINGTON, D.C.–Experts took to the stage at the Mortgage Bankers Association’s Compliance and Risk Management Conference Sept. 23, to highlight the importance of being vigilant in all aspects of digital life and provide insights into fraud trends that could be seen by those working in the mortgage industry.
MBA Recognizes Premier, Select Associate Members
MBA is proud to recognize its Premier Members and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
Congress Passes Three-Month, Stopgap Funding Bill; NFIP Also Extended Until December
Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution (CR) that averts a government shutdown and extends Fiscal Year 2024 funding levels through Dec. 20, 2024.
FHFA Reports More Than 7 Million Foreclosure Prevention Actions During GSE Conservatorships
The Federal Housing Finance Agency reported that Fannie Mae and Freddie Mac completed 46,378 foreclosure prevention actions during the second quarter, raising the total number of homeowners who have been helped to 7,004,262 since the start of conservatorships in September 2008.
ICE First Look: Delinquencies Remain Low Despite Year-Over-Year Rise
Mortgage delinquencies remain low despite a modest year-over-year increase, according to Intercontinental Exchange, Atlanta.