MBA Comments on HUD COVID-Related Loss Mitigation Report
The HUD Office of the Inspector General issued two audit reports Thursday examining the loss mitigation options that loan servicers provided to borrowers with FHA-insured loans after their COVID-19 forbearance ended.
Fitch: RMBS Servicers Focus on Struggling Borrowers; Delinquencies Remain Flat
Servicers continued to work with struggling homeowners to avoid loan default as delinquent loans remained flat in late 2022, according to Fitch Ratings’ fourth-quarter U.S. RMBS Servicer Metric Report.
MISMO Seeks Public Comment on New Standardized Dataset for VA Verification of Benefits
MISMO®, the real estate finance industry's standards organization, announced at its 2023 Spring Summit it is seeking public comment on a MISMO dataset mapping for the U.S. Department of Veterans Affairs Verification of Benefits (Form 26-8937).
Fed Keeps Rates Steady But Options Open
The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.
Deadline July 3: Apply for MBA Education’s Residential Educator of the Year
The Mortgage Bankers Association announced that applications have opened for MBA Education’s Residential Educator of the Year Award.
