The trade group called for clear federal guidance on existing laws to provide regulatory certainty and facilitate the adoption of artificial intelligence by the mortgage industry.

The trade group said the bureau’s open banking rule is a productive step toward encouraging a consumer-authorized data-sharing system.

Increased home purchase contract cancellations and declining pull-through rates are driving up costs for mortgage lenders.

The Mortgage Bankers Association is concerned that New York’s Community Reinvestment Act plans will place restrictive limits on CRA credit for purchased loans.

The trade groups want the Supreme Court to intervene and correct a lower court’s ruling that creates uncertainty regarding Fair Housing Act liability in the mortgage industry.

Mortgage industry stakeholders pump the breaks on GSE reform while the administration still seems to have its foot on the gas.

Merger and acquisition activity is expected to rise as more lenders attempt to reach economies of scale.

Purchase-mortgage lending in the coming years will be helped by an expected increase in the supply of homes for sale, according to projections by the MBA.

Mortgage leaders expect some form of government guarantee to stick around even if the GSEs exit conservatorship.

Senate passes the ROAD to Housing Act; layoffs at HUD, CDFI Fund halted; MBA’s annual conference missing some federal officials.