MBA’s Bob Broeksmit on Recent Trigger Leads Progress, Other Key Industry Issues to Watch
WASHINGTON, D.C.--Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, took the stage at MBA’s Compliance and Risk Management Conference Sept. 23 to discuss some hot topics--including the recent addition of trigger leads provisions in the National Defense Authorization Act.
MBA: Share of Mortgage Loans in Forbearance Increases to 0.31% in August
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.31% as of August 31, 2024.
MBA Releases Statement on the “ROAD to Housing Act”
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the “ROAD to Housing Act,” a broad housing bill recently introduced by Senator Tim Scott (R-SC) and seven of his Senate Banking Committee colleagues:
Fed Cuts Interest Rates 50 Basis Points; MBA Economist Weighs In
The Federal Reserve cut interest rates by 50 basis points Sept. 18.
ACES Quality Management: Critical Defect Rate Up in Q1
ACES Quality Management, Denver, released its Mortgage QC Industry Trends report for the first quarter, finding a modest increase in the critical defect rate to 1.58%.
ATTOM: Home Flipping Activity Dips, but Profits Up in Q2
ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Flipping Report, finding that 79,540 single-family homes and condos were flipped in the quarter.