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NAMB Seeks to Increase Outreach, Education Efforts

November 30, 2023
Monica Hogan
Freedom Mortgage’s Allen Middleman has been named chair of the National Association of Mortgage Brokers’ inaugural board of governors that will advise the group on opportunities regarding outreach programs and policy issues.
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Innovations Allow Fannie to Safely Expand Access to Credit

November 30, 2023
Dennis Hollier
Faster, better analysis of credit data means Fannie Mae can reduce some of the barriers to homeownership in “missing middle” housing.
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FHFA Director Elaborates on Plans for FHLBank Reform

November 22, 2023
Dennis Hollier
Federal Housing Finance Agency Director Sandra Thompson wants closer collaboration among the FHLBanks, the Federal Reserve and FDIC.
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Federal Regulators Willing to Tweak Bank Capital Proposal

November 22, 2023
Brandon Ivey
The MBA and others are pushing for federal regulators to go back to the drawing board on capital requirements for large banks. The regulators state that they will be flexible but defend the proposal.
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Banks See Value in Escrow Accounts Tied to MSRs

November 22, 2023
Brandon Ivey
When interest rates were low, escrow accounts were an afterthought in terms of MSR values. Now that interest rates are elevated, banks are seeing strong earnings from funds held in escrow accounts.
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VA Pauses Foreclosures on Home Loans for Six Months

November 22, 2023
Monica Hogan
The Department of Veterans Affairs has called on servicers to pause foreclosures on VA home loans through May 31, 2024.
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Flagstar Sues Alabama Retailer Over Unpaid Warehouse Lines

November 22, 2023
Paul Muolo
Hometown Lenders is in default on its warehouse lines, a new lawsuit alleges. Not only is the lender in trouble but so is its CEO/owner, who gave his personal guarantees on the loans.
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CBO Reports on Climate Risk to Federally Funded Mortgages

November 22, 2023
Monica Hogan
Rep. Maxine Waters, CA, ranking member of the House Financial Services Committee, wants more federal funding for FEMA flood maps and for the NFIP.
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Historic Data Not Enough to Prepare for Climate Risks

November 22, 2023
James Dohnert
Banks need to use stochastic events to better prepare for the long-term impact of climate change, according to a CoreLogic analyst.
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FHA MMIF Remains Strong Despite Cut in Premiums

November 16, 2023
Monica Hogan
The FHA Mutual Mortgage Insurance Fund remained healthy despite the 30-basis-point cut in insurance premiums earlier this year.
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