News Flash National Mortgage Professional Magazine
Subscribe

News Flash

The Mortgage Bankers Association (MBA) has recognized a total of 72 mortgage professionals—36 from the residential market segment and 36 from the commercial/multifamily market segment
MBA’s Future Leaders Program Graduates 70-Plus
The Mortgage Bankers Association (MBA) has recognized a total of 72 mortgage professionals—36 from the residential market segment and 36 from the commercial/multifamily market segment—in a graduation ceremony for MBA’s Future Leaders... Read more
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago
Ginnie Mae’s MBS Portfolio Tops $2 Trillion
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago.   “The fact that Ginnie Mae has reached $2 trillion in outstanding principal... Read more
ARMCP Hits 1,600 Member Mark, Nears Official Site Launch
Having just reached the milestone of 1,600 members, the Association of Residential Mortgage Compliance Professionals (ARMCP) is now also nearing completion of its new Web site, a state-of-the-art site designed specifically to fulfill the... Read more
ACES Risk Management (ARMCO) has announced the release of the quarterly ARMCO Mortgage QC Trends Report, providing loan quality findings for mortgages reviewed by ACES Audit Technology during the first quarter (Q1) of 2018
ARMCO Report: Critical Defects Shift Significantly From Q1
ACES Risk Management (ARMCO) has announced the release of the quarterly ARMCO Mortgage QC Trends Report, providing loan quality findings for mortgages reviewed by ACES Audit Technology during the first quarter (Q1) of 2018. The report’s... Read more
The Mortgage Bankers Association (MBA) has honored Rich Bennion, Executive Vice President of HomeStreet and HomeStreet Bank with its Andrew D. Woodward Distinguished Service Award
HomeStreet EVP Honored With MBA’s Woodward Distinguished Service Award
The Mortgage Bankers Association (MBA) has honored Rich Bennion, Executive Vice President of HomeStreet and HomeStreet Bank with its Andrew D. Woodward Distinguished Service Award. The Award is presented in recognition of dedication and... Read more
Freedom Mortgage has announced that it will raise funds for military charities at a networking event during the Mortgage Bankers Association's Annual Convention
Freedom Mortgage Raises Funds for Military Charities at MBA Conference
Freedom Mortgage has announced that it will raise funds for military charities at a networking event during the Mortgage Bankers Association's Annual Convention, as the company continues to honor and support U.S. troops through its Team... Read more
Mick Mulvaney, the Acting Director of the Consumer Financial Protection Bureau (CFPB), is continuing to push back against complaints from within his agency regarding an official who was revealed to be the author of anonymous blog postings in 2004 that man
Mulvaney Tries to Stem Internal Backlash Over Official
Mick Mulvaney, the Acting Director of the Consumer Financial Protection Bureau (CFPB), is continuing to push back against complaints from within his agency regarding an official who was revealed to be the author of anonymous blog postings... Read more
The U.S. Department of Housing & Urban Development (HUD) has awarded $47 million in housing counseling grants that are designed to help potential homeowners find residential property and assist current homeowners to keep their residences
HUD Allocates $47M in Housing Counseling Grants
The U.S. Department of Housing & Urban Development (HUD) has awarded $47 million in housing counseling grants that are designed to help potential homeowners find residential property and assist current homeowners to keep their... Read more
California home sales will end 2018 at a lower level for the first time in four years while the 2019 market is poised to be weak, according to a new economic forecast released by the California Association of Realtors (CAR)
California Home Sales Forecast to Decline in 2019
California home sales will end 2018 at a lower level for the first time in four years while the 2019 market is poised to be weak, according to a new economic forecast released by the California Association of Realtors (CAR).   CAR is... Read more
Foreign-born homebuyers seem to prefer coastal housing markets with higher than average home prices, according to a new data analysis from LendingTree
The City with the Most Foreign-Born Homebuyers Is …
Foreign-born homebuyers seem to prefer coastal housing markets with higher than average home prices, according to a new data analysis from LendingTree.   Using statistics from the U.S. Census Bureau of the nation’s 50 largest cities,... Read more