The WSJ is wrong about FHA loans and nonbanks, and they know it
Their recent op-ed tries to resurrect the boogeyman of risky 2008-style lending
Bob Broeksmit
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Single-file credit proposal reignites debate over savings vs risks
A proposal to replace the longstanding tri-merge credit report with a single-file model has reignited debate over borrower costs and systemic risk, placing trade associations on opposing sides.
MBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry
“From a risk management perspective, continuing to require three in-files and three scores on every borrower has long been an anachronism,” Broeksmit said
TransUnion pushes back on single-pull mortgage credit proposal
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
How the “lavish” comp and perks NAR leaders enjoy compares to other housing trade groups
NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space—including the MBA—comes close to matching, 990 filings reveal.
Chrissi Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.