Mortgage Bankers Association

Data security takes center stage as state legislatures convene

01/11/18

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.

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Colonial Savings founder James S. DuBose dies at 93

12/04/17

Colonial Savings founder James S. DuBose died after a yearlong battle with cancer. He was 93.

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Banks seek level playing field for CRE construction lending

11/10/17

A bill that would ease Basel III capital requirements on commercial real estate loans could level the playing field between depository and nonbank lenders and spur more construction lending if it passes in the Senate.

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GOP tax plan may not be so bad for housing after all, analysts claim

11/03/17

A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.

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MBA's Stevens, his cancer in remission, to retire as CEO

10/25/17

Days after revealing he was in full remission from cancer, David H. Stevens said he is retiring as president and CEO of the Mortgage Bankers Association.

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'Regulation by enforcement' makes compliance unpredictable, new MBA chair says

10/23/17

The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of the Mortgage Bankers Association.

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Has the Fed found a better long-term mortgage product?

09/13/17

Fed economists are suggesting a new mortgage product that would allow home buyers to build equity faster and give banks incentive to profitably hold the loans in portfolio.

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CFPB finalizes TRID update without a fix for compliance 'black hole'

07/07/17

The Consumer Financial Protection Bureau's final rule to formalize guidance on a number of TILA-RESPA Integrated Disclosures compliance points omits an originally proposed fix for the so-called black hole that's created when a mortgage closing is delayed.

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Will housing finance reform hurt small banks?

07/05/17

The renewed debate on reforming Fannie Mae and Freddie Mac is focused on how small and midsize banks would be affected.

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DOJ's False Claims Act focus shifts to reverse mortgage servicers

07/03/17

The Trump administration's Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.

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