New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’
A new MBA proposal for a Ginnie Mae securities product could be taking inspiration from recent actions in the reverse mortgage business.
Mortgage Bankers Association
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MBA revises 2025 mortgage rates forecast, and it’s not good
MBA now expects mortgage rates to end 2025 at 6.4%, a 50 bps jump from its forecast in October. Forecasted origination volume also dropped $200B to $2.1T.
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.
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the consumer reporting industry.
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.
MMI Fund capital reserve is now 5X larger than required
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.