New data published by the Mortgage Bankers Association (MBA) has determined the number of mortgages now in forbearance remained mostly flat at the tail end of December. According to the MBA’s latest Forbearance and Call Volume Survey, 5.53% of servicers’ ...
Read More »AMDC Member Company Recognized With Diversity Award
Seven mortgage bankers are being recognized as leaders in inclusion and diversity efforts. Yearly, the Mortgage Bankers Association (MBA) spotlights companies that are outstanding in areas of organizational diversity and inclusion-and-outreach strategies. Five Star Global's American Mortgage Diversity Council (AMDC) ...
Read More »FHFA’s Calabria on Loan Extensions and New GSE Rule
FHFA Director Mark Calabria spoke Monday at a virtual event, where his session focused on the agency’s current priorities— the talk included two announcements, one about a new GSE-feedback rule, and the other related to extensions to loan flexibilities. Calabria ...
Read More »Mortgage-Loan Delinquency Rates: Q2 2020 Snapshot
There was a climb of 8.22% in the delinquency rate for mortgage loans on one-to four-unit residential properties of all loans outstanding at the conclusion of the second quarter, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey. Researchers ...
Read More »Housing Market Snapshot: What Three New Reports Reveal
As the nation continues battling economic struggles and a health crisis, here's what a trio of new reports have to say about the state of the industry.
Read More »Mortgage Forbearance Rates Decline
Click through to learn what is forecast for the weeks to come, and what factors continue to impact forbearance levels.
Read More »Prepping for a Delinquency Spike
The latest data on delinquencies are low, but experts predict a change in course soon.
Read More »Industry Groups Applaud FHA CWCOT Changes
As the public comment period came to a close, the NMSA joined the MBA and Housing Policy Council to express support for FHA’s adjustments to the Claims Without Conveyance of Title program.
Read More »Lisa Haynes Promoted to SVP
Lisa Haynes, who joined MBA as CFO was given the additional responsibilities of Chief Diversity and Inclusion Officer in 2018.
Read More »Re-Evaluating the Traditional Appraisal
A recent study takes a look at how the traditional appraisal and the automated valuation model needs to be altered when predicting defaults and more if the manual appraisal threshold were raised.
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