Meet our incredible 2015 Women of Influence

Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement

This is why millennials need a new credit scoring system

Turns out they WANT credit, but just can't GET credit
W S

Items Tagged with 'Mortgage Bankers Association'

ARTICLES

From HW Magazine

The awful truth about TRID

Even with a grace period, the remedy is worse than the disease
The CFPB left the grace period open-ended and most in the industry interpreted that to mean that it will last throughout the rest of 2015, at least. Unfortunately, as welcome as that grace period is, TRID remains a costly and complicated fix that has enormous implications for the whole industry.
Read More

MBA nominates Colonial Savings’ J. David Motley to be 2016 vice chair

Currently sits on MBA’s board of governors
The Mortgage Bankers Association announced that it nominated J. David Motley, president of Colonial Savings, based in Fort Worth, Texas, and its divisions, Colonial National Mortgage, CU Members Mortgage, and Community Bankers Mortgage, to be its vice chair for the MBA’s 2016 membership year.
Read More

Independent mortgage bank profits surge nearly 100%

But total production operating expenses rise too
Independent mortgage banks recorded a net gain of $1,447 on each loan they originated in the first quarter of 2015, which is double the previous quarter. However, it wasn’t the only variable to increase. Expenses are starting to rise, too.
Read More

MBA pushes to increase diversity in mortgage lending

Announces partnership with NAHREP, hosting 2nd diversity conference
In an exclusive interview with HousingWire, Bill Emerson, the chairman-elect of the MBA and the chief executive officer of Quicken Loans, said that the MBA wants to prepare the housing finance industry for the new normal of the future, which will be far different than the history of mortgage lending to this point.
Read More

MBA announces special partnerships with Fannie Mae, other groups

Agreements will provide new benefits for MBA members
During his remarks at Monday’s first general session at the Mortgage Bankers Association’s National Secondary Market Conference, David Stevens, the president and chief executive officer of the MBA, announced three new partnerships that he said are designed to provide new benefits for the members of the MBA.
Read More