MBA’s Bob Broeksmit on Increasing Competition in Credit Scoring and Reporting
Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, released a video on Aug. 6 discussing MBA’s work with FHFA and the GSEs on credit score modernization.
Milliman: Mortgage Default Risk Inches Up
Milliman, Seattle, said its Milliman Mortgage Default Index shows a slight increase in the lifetime serious delinquency rate (for homes 180-plus days delinquent) for U.S.-backed mortgages.
MCT: Refinance Volume Exceeds Expectations in August
Mortgage Capital Trading, San Diego, said its Lock Volume Indices report showed modest decline in overall activity in July. But refinance segments outperformed expectations despite continued uncertainty in the housing market.
AICPA: One-Third of Americans Haven’t Taken Financial Steps to Prepare for Natural Disaster
A survey conducted by The Harris Poll on behalf of the American Institute of CPAs, Durham, N.C., found 32% of Americans say they have taken no financial steps to prepare for a natural disaster.
ICE Mortgage Monitor: Originations Hit Highest Quarterly Volume Since 2022
ICE Mortgage Technology, Atlanta, released its latest Mortgage Monitor report, finding that mortgage originations saw their highest quarterly volume in Q2 since 2022.
