Items Tagged with 'Mortgage Bankers Association'

ARTICLES

  • MBA: Mortgage applications decrease 2.5%

    Refinance volume stays afloat
    Mortgage applications decreased 2.5% from last week, however, the refinance index increased 2% from the previous week, according to the latest data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
    Read More
  • Monday Morning Cup of Coffee: The end of conservatorship, HUD failings and stadium drama

    Your weekly dose of the most crucial weekend mortgage and housing news
    The proposed end of conservatorship for the GSEs by the Trump administration might be the biggest news of the year for the mortgage industry, find out what the MBA has to say about it. Plus, a new ProPublica report shows that HUD left hundreds of thousands at risk of lead poisoning and the LA Clippers are in hot water with residents of the city of Inglewood.
    Read More
  • Joe Cartellone joins BBVA Compass as director of mortgage banking and home equity

    20-year industry vet to take charge of BBVA's U.S. mortgage business
    BBVA Compass appointed Joe Cartellone as its director of mortgage banking and home equity. In his new role, Cartellone will head BBVA Compass’ mortgage and home equity business across the U.S., including mortgage and home equity originations, servicing, secondary marketing and portfolio management.
    Read More
  • MBA, NMHC, others call on CFPB to change multifamily HMDA rules

    Want exemption from HMDA reporting for business-to-business loans
    The Mortgage Bankers Association, the National Multifamily Housing Council, and several other prominent trade groups are calling on the Consumer Financial Protection Bureau to change the Home Mortgage Disclosure Act rules for multifamily lending. The groups want the CFPB to completely exempt multifamily business-to-business lending from HMDA reporting requirements.
    Read More
  • The cost of originating a mortgage just got ridiculous - again

    Lenders go negative for first time since 2014
    Lenders continue to struggle in the rising mortgage rate environment, reporting negative profits for the first time since Dodd-Frank compliance brought down profits in 2014. In fact, falling volume drove net production profitability into the red for only the second time since the inception of the MBA’s report in 2008.
    Read More
  • From HW Magazine

    2018 Rising Stars: Dan Fichtler

    Director of Housing Finance Policy at the Mortgage Bankers Association
    Dan Fichtler was a treasury staffer on detail to former Senate Banking Committee Chairman Tim Johnson during the housing reform debate. Fichtler was one of the lead drafters of the Johnson-Crapo legislation, which laid the groundwork for a responsible end to the conservatorship of the GSEs.
    Read More