“A strong, sound secondary mortgage market is paramount to the overall success of the real estate finance industry. That is why it is of the utmost importance that policymakers and stakeholders create a strong and stable system that ensures liquidity, affordable mortgage credit and serves consumers.”
–Rodrigo Lopez, CMB, Executive Chairman of NorthMarq Capital Finance and Chairman-Elect of MBA.
Servicing Newslinks Archive
Servicing Newslink 3-22-16
“The ability to serve and support sustainable and affordable homeownership has been a core mission of both FHA and lenders across this country. Having the confidence to lend demands clear and reasonable accountability. This has been the goal of all stakeholders.”
–MBA President and CEO David Stevens, CMB.
Servicing Newslink 3-15-16
“Homeownership cannot, and must not, be used as the nation’s piggybank.”
–From an MBA/trade group letter to House and Senate Budget Committee leadership, urging them to resist using Fannie Mae/Freddie Mac guaranty fees to fund other appropriations.
Servicing Newslink 3-8-16
“The performance of commercial and multifamily mortgages remains strong, with continued improvement in the delinquency rates of loans held by banks and in commercial mortgage-backed securities. Strong property fundamentals and values, coupled with still low interest rates, are likely to continue the positive trend.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.
Servicing Newslink 3-1-16
“The real estate finance industry continues to deal with a host of complex policy challenges. The industry’s ability to navigate and manage these changes is critical to our efforts to serve consumers and responsibly grow our businesses.”
–From the Mortgage Bankers Association’s 2016 Residential Issue Priorities.
Servicing Newslink 2-23-16
“As the job market has improved and national home prices have rebounded, fewer borrowers were becoming seriously delinquent, while borrowers previously behind on their payments were in a better position to pursue alternative options to resolve delinquent loans.”
–MBA Vice President of Industry Analysis Marina Walsh.
Servicing Newslink 2-16-16
“The lack of housing stock, particularly affordable inventory, is a growing issue and will limit a full housing recovery in the short to medium term.”
–Anand Nallathambi, president and CEO of CoreLogic, Irvine, Calif.
Servicing Newslink 2-9-16
“FHFA, Fannie Mae and Freddie Mac should be commended for their work over the last four years on the representation and warrant framework. The independent dispute resolution process is an important final piece to this effort. In its totality, the representation and warranty framework will provide much needed certainty and transparency for lenders of all sizes and help broaden access to credit for borrowers.”
–MBA President and CEO David Stevens, CMB.
Servicing Newslink 2-2-16
“More commercial and multifamily mortgages are maturing in 2016 and 2017 than have the last few years, but early refinancings and pay-downs are chipping away at those totals. The bottom line is that the ‘wall of maturities’ that has been the focus of concern the last many years is receding.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.
Servicing Newslink 1-26-16
“Consumer credit default rates are low and stable, and consumer sentiment measures are upbeat…There was no response among consumers to the Fed’s recent rate increase, no rush to apply for mortgages.”
–David Blitzer, managing director & chairman of the Index Committee with S&P Dow Jones Indices.