Mortgage Bankers Association

Let’s get housing reform right this time


As lawmakers tackle Fannie Mae and Freddie Mac, any revamp must lessen risk to the mortgage system and U.S. taxpayers.


Large banks hemorrhaged money on mortgage originations in 2018


Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.


In mortgages, these banks zigged while many others zagged


While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.


Crapo planning two days of Senate Banking hearings on GSE reform


The Senate Banking Committee will hold two hearings at the end of March on Chairman Mike Crapo’s most recent framework for housing finance reform.


Housing groups urge FHFA's Otting to be cautious on GSE reform


The Mortgage Bankers Association, National Association of Realtors and 26 other groups warned the agency not to pursue steps reducing the scope of Fannie Mae and Freddie Mac that could upset the mortgage market.


Latest GSE reform offers blueprint without Congress


The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts.


GSE capital rule is hypothetical, but FHFA gets earful anyway


The proposal by Fannie and Freddie’s regulator to impose bank-like capital requirements would be relevant only if the companies leave conservatorship. But that hasn’t stopped lenders from requesting changes.


Siding with landlords and lenders, Calif. voters reject expanded rent control


Real estate and mortgage industry groups outspent proponents three-to-one to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.


CFPB writing rule to define ‘abusive’ standard: Mulvaney


The consumer bureau’s interim chief told an industry conference that “regulation by enforcement is done.”


Reducing gap between FHA, conventional market is priority: Montgomery


The Federal Housing Administration is looking to streamline its single-family loan servicing requirements to align them with industry standards and upgrade outdated technology.