MBA: Share of Mortgage Loans in Forbearance Drops to 1.18%
The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans now in forbearance decreased by 12 basis points to 1.18% of servicers’ portfolio volume as of Feb. 28 from 1.30% in January. MBA estimates 590,000 homeowners are in forbearance plans.
MBA: 4Q Commercial, Multifamily Mortgage Delinquency Rates Decline
Commercial and multifamily mortgage delinquencies declined in the fourth quarter, the Mortgage Bankers Association reported Monday in its Commercial/Multifamily Delinquency Report.
CREF Policy Update: SEC Issues Notice of Proposed Rulemaking on Climate Risks
The Securities and Exchange Commission on Monday voted 3-1 to release a Notice of Proposed Rulemaking that includes amendments requiring a domestic or foreign registrant to include certain climate-related information in its registration statements and periodic reports.
Senate Banking Committee Moves Thompson Nomination to Head FHFA
The Senate Banking Committee on Wednesday approved Sandra Thompson’s nomination to serve as Director of the Federal Housing Finance Agency. The Mortgage Bankers Association issued a statement commending the vote.
Tom Lamalfa: 1Q22 Industry Update
The steep run-up in interest rates, especially mortgage rates, since the start of the year prompted the mini survey I conducted in early March. It consisted of 10 questions that were put to 17 senior mortgage banking experts.
