Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, weighed in last Tuesday to set the record straight about credit reporting costs.
Tag: Credit Reporting

CFPB Releases RFI on Mortgage Closing Costs; MBA Shares Concerns Regarding Credit Reporting Price Increases
The American Bankers Association, Housing Policy Council and Mortgage Bankers Association issued a statement in response to the Consumer Financial Protection Bureau’s Request for Information on mortgage closing costs.

MBA, Trade Groups Ask Congress to Avoid Adding New Credit Reporting Provisions
The Mortgage Bankers Association and other industry trade associations asked Congress to refrain from adding new credit reporting provisions that may negatively affect consumers as Congress considers new COVID-19 response legislation.

Anita Bush: Offering Forbearance Under the CARES Act – A New Reality for Mortgage Servicers
While the number of new forbearance requests is declining, many servicers may still be working with forbearance borrowers for the rest of this year and into 2021. Here’s what servicers can do to handle this new reality.