Mortgage Bankers Association

Lenders fear worst from rent control measure on California ballot


Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes.


CFPB's compliance approach makes regulatory guidance unreliable: MBA


The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, the Mortgage Bankers Association said.


New MBA chief's hardest job? Not screwing things up


Robert Broeksmit has a tough act to follow succeeding David Stevens, the CEO revered for navigating the Mortgage Bankers Association through one of its most tumultuous eras on record. But in doing so, Broeksmit has a distinct advantage over many of his predecessors: inheriting an organization on the upswing.


MBA taps industry vet Robert Broeksmit to succeed David Stevens as CEO


Robert Broeksmit, a career mortgage industry executive, will succeed David Stevens as the president and CEO of the Mortgage Bankers Association.


Blend adds Ellie Mae integration for digital mortgage disclosures


A new integration between Blend and Ellie Mae seeks to improve the use and accessibility of electronic mortgage documents, the latest in an ongoing industry effort to create a more simplified and consistent borrower experience.


Mortgage brokers are making a comeback, but big banks are staying clear


Tight margins, regulatory clarity and a renewed appetite to expand have made mortgage brokers and the wholesale channel attractive again, at least to the small and medium mortgage lenders.


FHA lenders warming up to reverse mortgages for new home purchases


Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a new-construction home.


Clock running out to get housing finance reform moving


Housing finance reformers are pushing full steam ahead to get a bill introduced before the political calendar makes passage nearly impossible.


Sexual harassment widely experienced, but rarely reported in mortgage lending


More than 70% of women mortgage professionals have experienced sexual harassment in the workplace, but these incidents go drastically underreported, according to a recent Mortgage Bankers Association survey.


Backers of Senate GSE plan reject claims that it’s too conservative


Supporters of an unreleased bill to revamp the housing finance system say the plan strikes a middle ground that can gain support from both sides of the aisle.