MBA White Paper Addresses Future of Loss Mitigation
The Mortgage Bankers Association released a white paper, The Future of Loss Mitigation, which takes into consideration how lessons applied and learned during the COVID-19 pandemic should shape permanent loss mitigation policy.
MBA, Business Coalition Letter Opposes FTC Non-Compete Ban Proposed Rule
The Mortgage Bankers Association, the U.S. Chamber of Commerce and more than 300 industry trade and business groups sent a letter to the Federal Trade Commission to “unequivocally oppose” a proposed rule that would impose a nationwide ban on nearly all non-compete clauses.
MBA: 4Q Commercial, Multifamily Mortgage Delinquency Rate Remains Low
Commercial and multifamily mortgage delinquencies remained low in the fourth quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
Philly Fed Report Declares Industry Victory on Forbearance
A report commissioned by the Federal Reserve Bank of Philadelphia found more than 95 percent of the estimated 8.5 million borrowers who entered forbearance have exited.
Typical Home Changes Hands Every 12 Years, Down from 2020 Peak
Redfin, Seattle, reported the typical U.S. homeowner has spent 12.3 years in their home, down from the peak of 13.4 years hit in 2020 and 12.9 years in 2021.
Trepp: 2022 Life Insurance Mortgage Returns Worse Than 2008
Trepp LLC, New York, said its life LifeComps index of insurance company commercial mortgage investments saw a -10.1% return in 2022, largely due to a -14.3% appreciation return.
