Items Tagged with 'David Stevens'

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  • Monday Morning Cup of Coffee: MBA president slams "defamatory" mortgage industry report

    Says data cherry-picks loan types
    MBA President and CEO David Stevens claps back at a report about the extent of discrimination in lending. Reuters reports surging bonds could “pinch” homeowners and retirees, and we finally learn the identity of the mystery buyer who bought the most expensive home in NYC. Here’s your Monday Morning Cup of Coffee.
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  • David Stevens: Here's the MBA view on GSE reform

    What to do about Fannie, Freddie, and even Ginnie
    [Expert commentary] In an exclusive guest post, Mortgage Bankers Association President and CEO David Stevens presents the MBA's view on the "right" reform plan for Fannie Mae, Freddie Mac, and Ginnie Mae. How much should the government be involved in the mortgage market? Stevens presents the MBA case.
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  • Shocker: MBA President and CEO David Stevens announces retirement

    Stevens stepping down in September 2018
    One would never have gathered as much during his rousing speech at the Mortgage Bankers Association Annual Convention in Denver or while walking around the Colorado Convention Center, but MBA Annual 2017 will be one of David Stevens’ last major events as the leader of the mortgage industry’s biggest trade group. On Wednesday, as MBA Annual 2017 was winding down, Stevens announced that he is retiring as the trade group’s president and CEO. Click the headline to read more.
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  • Stevens: Legislation is the only cure for the industry's false sense of security

    New leaders at FHFA, CFPB could change things drastically
    “What happens if the president nominates a new director who thinks the government role in mortgage finance is too large and wants to scale it back?” MBA Chairman David Stevens asked. “The answer is that it could affect everything from g-fees to loan limits. Credit policy could change which would impact the QM patch and confidence in the rule as it works today. Even the level playing field in pricing and credit terms could change as there is nothing – locked in."
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  • MBA to Congress: We're ready and open to working on tax reform

    What's the future of the mortgage interest tax deduction?
    As the debate around what tax reform looks like heightens, the Mortgage Bankers Association is jumping in on the conversation, saying that they support the opportunity for comprehensive tax reform. In a letter sent to Congress and the administration, MBA President and CEO David Stevens shares what tax reform looks like to the MBA.
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  • Housing industry heavy hitters to speak at exclusive Detroit conference

    Set to discuss options for housing America’s families
    Two top industry leaders were added to the list of panelists for an upcoming event from the J. Ronald Terwilliger Foundation for Housing America’s Families. The event, which will take place in Detroit in November, examines themes such as solving the rental affordability crisis, the future of housing finance and others.
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  • MBA CEO on the 9-year anniversary of GSE conservatorship

    "GSE reform is of the utmost priority"
    This week marked exactly nine years since the Federal Housing Finance Agency placed Fannie Mae and Freddie Mac into conservatorship. Will they make it to their 10-year anniversary? David Stevens, president and CEO of the Mortgage Bankers Association, unwrapped this idea in a blog post, outlining the urgent need to reform the government-sponsored enterprises.
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  • Monday Morning Cup of Coffee: MBA president calls for action on National Flood Insurance Program

    MBA's Stevens calls on mortgage industry to rise up
    MBA president calls on industry to act on NFIP reauthorization, latest GDP estimates show continued growth, Northpointe Bank introduces a private-label mortgage solution, and according to one list, Millennials are killing banking, homeownership and… fabric softener? Click on to read more in this week’s Monday Morning Cup of Coffee.
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  • MBA President Stevens defends need for multiple guarantors in GSE reform

    Should reform preserve the current duopoly of Fannie Mae and Freddie Mac?
    The Mortgage Bankers Association was one of the first groups to publish their thoughts for the government on how to best tackle reforming Fannie Mae and Freddie Mac. Now as the list of people commenting on how to execute reform continues to grow, David Stevens, Mortgage Bankers Association president and CEO, decided to go back and highlight one of the MBA’s main points: The need for multiple guarantors.
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