FHFA to Host Multifamily Insurance Symposium; Agency Official Talks Other 2024 Priorities

SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry in 2024. 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 some solutions to insurance issues.

MBA Comments on FHFA’s Credit Scoring Implementation Plan

The Federal Housing Finance Agency yesterday announced updates to its implementation plan for the GSEs’ adoption of FICO 10T and VantageScore 4.0 and bi-merge reporting requirements. Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, issued the following comments.

MBASecondary23: A Look Ahead at Government Lending

NEW YORK–Leaders of FHA, the Federal Housing Finance Agency and Ginnie Mae shared recent developments and their outlook for future policies and activities here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo.

To the Point with Bob: FHFA Needs a Better Plan on Loan-Level Pricing Fees

MBA members have a long history of adjusting to regulatory changes. Our more than 2,100 member companies, representing the full range of lenders, loan servicers, and other stakeholders, share FHFA’s goal of a sound mortgage finance system. MBA is certain, however, that the LLPA based on DTI would not advance the GSEs’ mission but instead create complications and problems for borrowers and lenders alike.