MBA Statement on FSOC’s Report on Mortgage Servicing

MBA’s President and CEO Bob Broeksmit, CMB, released the following statement regarding the Financial Stability Oversight Council’s (FSOC) report released Friday on nonbank mortgage servicing:

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 Advocacy Spurs Crackdown on Deceptive VA Loan Marketing

The settlements signal a remarkable effort by the CFPB to hold lenders accountable for their dealings with the nation’s veterans—and the culmination of advocacy by the Mortgage Bankers Association to protect earned benefits for servicemembers, veterans and surviving spouses.