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Mortgage Bankers Association

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Credit bureaus will push to scale back mortgage trigger leads bill

November 19, 2024 by bp56691
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.
Categories Community Home Lenders Association, credit report, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Senate, U.S. Senate

Chrissi Rhea, co-founder of Mortgage Investors Group, has died

November 15, 2024 by bp56691
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.
Categories Bob Broeksmit, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Retail Lending

MMI Fund capital reserve is now 5X larger than required

November 15, 2024 by bp56691
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.
Categories Adrianne Todman, Community Home Lenders Association, FHA, HUD, Julia Gordon, Mortgage, Mortgage Bankers Association
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