Down Payment Resource, Atlanta, released its Q4 2023 Homeownership Program Index Report, finding there were 135 homebuyer assistance programs introduced throughout the year, during a period when home affordability has been top-of-mind for many.
Category: News and Trends
CMBS Delinquency Rate Ticks Upward: Trepp
The CMBS delinquency rate rose modestly in January, increasing 15 basis points to 4.66%, according to Trepp, New York.
Reflecting on 2023 Servicing Trends, Anticipating 2024’s: A Q&A With BSI Financial’s Allen Price
MBA NewsLink recently interviewed Allen Price, SVP at BSI Financial, about the trends he saw in the servicing market in 2023, and what he thinks may be to come this year.
Servicing Quote Tuesday, Feb. 13, 2024
“Mortgage delinquencies increased across all product types for the second consecutive quarter.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis.
MISMO Publishes Update to Engineering Guideline for Class Words
MISMO, the real estate finance industry’s standards organization, yesterday announced the publication of the updated MISMO Engineering Guideline (MEG) 7.
Luxury Home Prices Hit New High; Record Share of High-End Buyers Pay Cash: Redfin
The typical U.S. luxury home sold for a record $1.17 million in the fourth quarter, up 8.8% from a year earlier, according to Redfin, Seattle.
FHFA Releases 2024 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Tuesday released the 2024 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.
DLS Servicing’s Donna Schmidt: Be Prepared for a Data Breach at Your Servicing Platform Provider
When key servicing partners like title companies are compromised, it not only hampers their direct operations, but also affects the servicers that rely on them for critical operations.
MBA Chart of the Week: Top 10 Ginnie Mae Servicers
This week’s MBA Chart of the Week highlights analysis by Recursion, a big data mortgage analytics firm, that ranks the 10 largest Ginnie servicers by servicing book size ($UPB).
Sponsored Content From ACES Quality Management: Adapting to the Changing Terrain of Mortgage Servicing
2024 brings optimism, but servicing complexities persist. Lenders must embrace tech-driven compliance and quality control measures.