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Tag: MBA

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.

MBA’s Michael Fratantoni Provides Market Outlook, Notes ‘It’s Not 2008’
WASHINGTON–The industry has plentiful challenges, but is in a very different spot than during the Great Recession, said Michael Fratantoni, Mortgage Bankers Association Chief Economist and Senior Vice President of Research and Industry Technology, here at the National Advocacy Conference.

MBA Applauds Efforts to Improve Loan Repurchase Requests; Calls for Better Alignment at the GSEs
MBA President and CEO Bob Broeksmit, CMB, issued a statement regarding recent moves by Fannie Mae and Freddie Mac to address loan repurchase requests.

MBA White Paper Illustrates CMBS Market’s ‘Significant Role’ in Commercial/Multifamily Real Estate Finance
The Mortgage Bankers Association on Monday released a white paper, Role of CMBS in the Financing of Commercial and Multifamily Real Estate in America, which provides an overview of the commercial mortgage-backed securities market and highlights the vital role it plays as a capital source for the financing of commercial real estate.

GSEs Publish Updated Redesigned URLA, Supporting Documents
Fannie Mae and Freddie Mac yesterday published static components of their updated redesigned Uniform Residential Loan Application.

CIAT Urges Renewal of Terrorism Risk Insurance Act
With the Terrorism Risk Insurance Act set to expire (again) at the end of 2020, the House Financial Services Committee isn’t wasting time in pushing its reauthorization. And neither is the Coalition to Insure Against Terrorism, of which the Mortgage Bankers Association is a member.