SAN DIEGO–The environment remains challenging but issues such as workforce housing, renter protections and property conditions and insurance are prime topics for Freddie Mac and Fannie Mae, officials from each said during a Feb. 13 session at the MBA Commercial/Multifamily Finance Convention and Expo.
Category: News and Trends
Optimal Blue: Lock Volume Rises 36% Month-Over-Month in January
Optimal Blue, Plano, Texas, said mortgage lock volume rose 36% month-over-month in January as rates eased.
FHA’s Julia Gordon on 2024 Priorities at #MBACREF24
SAN DIEGO–Getting policies to the finish line–and what could hold that up–was the big theme from a discussion between Julia Gordon, Assistant Secretary for Housing and Federal Housing Commissioner at HUD, and MBA President and CEO Bob Broeksmit, CMB, here Feb. 13.
MBA NewsLink Q&A with Ardley Technologies CEO Nathan Den Herder
MBA NewsLink interviewed Nathan Den Herder, founder and CEO of Ardley Technologies, a provider of mortgage technology solutions that help lenders and servicers mine their portfolios for new deal opportunities and improve retention rates.
ATTOM: Foreclosure Activity Increases in January
ATTOM, Irvine, Calif., released its January U.S. Foreclosure Market Report, showing there were 33,270 properties with foreclosure filings in the month–up 5% from a year ago and up 10% from December.
MISMO Partners with Federal Housing Agencies to Launch New Work Group Focused on Building a New Servicing Data Standard
MISMO, the real estate finance industry’s standards organization, today issued a call for industry professionals to join a new development work group focused on creating a servicing data standard for Federal Housing Agency loans. The Federal Housing Agency Servicing Dataset workgroup effort is powered by Sagent.
Statement of MBA Chairman Mark Jones on VA Home Lending Before Committee on Veterans’ Affairs Subcommittee on Economic Opportunity
Mark Jones, MBA’s 2024 Chairman and President of Union Home Mortgage, testified Feb. 15 at a hearing titled, “Sink or Swim? A Deep Dive into the Current State of VA’s Home Loan Program in a Competitive Market,” before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
MBA Chart of the Week: Delinquency Rates by Loan Type
According to the latest MBA National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased to a seasonally adjusted rate of 3.88 percent of all loans outstanding at the end of the fourth quarter of 2023.
MBA: Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
MBA CEO Bob Broeksmit at #MBACREF24: Industry Participation Vital to Overcoming Policy Challenges
SAN DIEGO–MBA President and CEO Bob Broeksmit, CMB, highlighted challenges to the commercial real estate finance industry–from Basel III to affordability–here at the MBA Commercial/Multifamily Finance Convention and Expo.