MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Scott Turner being nominated by President-elect Donald Trump to be Secretary of the Department of Housing and Urban Development (HUD).
Tag: MBA

MBA Statement on FHA’s Annual Report to Congress
MBA’s President and CEO Bob Broeksmit, CMB, issued a statement regarding the Federal Housing Administration’s release of its annual report to Congress.

MBA Recognizes Premier, Select Associate Members
MBA is proud to recognize its Premier Members and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.

MBA Agrees with Fed Vice Chair Barr on Re-Proposing Basel III Endgame
MBA’s President and CEO, Bob Broeksmit, CMB, issued a statement following Federal Reserve Vice Chair Michael Barr’s speech outlining recommendations to re-propose the Basel III Endgame proposal.

MBA: Home Equity Lending Volume Stays Relatively Flat in 2023; Debt Outstanding Increases
Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5% compared to the previous year, while debt outstandings increased 8.3%.

MBA Recognizes Premier, Select Members
MBA is proud to recognize its Premier and Select Members and to thank them for their continued support of MBA and the real estate finance industry.

MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.21% in May
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance declined slightly to 0.21% as of May 31, 2024.

MBA Urges HUD to Publish Notice About Ongoing Challenges With NSPIRE Protocol
The Mortgage Bankers Association asked HUD for assurance that servicers will not be held accountable for compliance with the new National Standards for the Physical Inspection of Real Estate (NSPIRE) system until it is “fully accessible and usable to each participant.”

MBA Recognizes Premier, Select Associate Members
MBA is proud to recognize its Premier Members and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.

MBA, HPC Send Letter to VA on VASP Implementation
The Mortgage Bankers Association and Housing Policy Council recently sent a letter to the Department of Veterans Affairs (VA) regarding more information and guidance about implementation of the Veterans Affairs Servicing Purchase (VASP) program.