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.

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.

SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry. With that in mind, the Federal Housing Finance Agency’s Siobhan Kelly, Associate Director of the Office of Multifamily Analytics and Policy, announced the agency will hold a multifamily insurance symposium March 13–with both in-person and virtual options–to brainstorm solutions to insurance issues.

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.

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.

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.

Optimal Blue, Plano, Texas, said mortgage lock volume rose 36% month-over-month in January as rates eased.