Berkshire Unit Acquires Former Employer of MBA CEO
An affiliate of Berkshire Hathaway is acquiring a real estate firm that was the former employer of the Mortgage Bankers Association's president and chief executive officer.
Trade Groups Oppose Language Option on URLA App
Financial industry trade groups are questioning the regulator of Fannie Mae and Freddie Mac about potentially adding a language preference to the loan application.
MBA Chief Outlines Mortgage Industry's Challenges
As players in the secondary mortgage market meet in the Big Apple this week, the leader of the industry's prominent trade group talked about the industry's challenges.
Industry Optimistic About Proposed TRID Rule
The Consumer Financial Protection Bureau plans to provide more certainty to mortgage bankers and service providers about the TILA-RESPA integrated disclosure rule.
Mortgage Conference News
Several recent and upcoming mortgage-related events tackle U.S. politics, legal and regulatory issues and financial technology. One government workshop will focus marketplace lending.
Transitional Mortgage Licensing Bill Opposed
A non-bank mortgage trade group is opposing legislation that would allow former bank loan officers to originate while obtaining a state license.
Mortgage Professionals Get Educated
Opportunities to get educated about the mortgage business are being provided both by trade groups and private businesses. One program is targeting millennials who are being recruited to replace the aging loan originator population.
Mortgage Conferences Cover Multiple Subjects
Dozens of upcoming conventions, roundtables and workshops across the country will touch upon a variety of topics that are associated with real estate finance.
Association President Talks About Mortgage Market
The new president of the Minnesota Mortgage Association talked about compliance challenges and what he sees ahead for the industry.
NY Times Takes Aim at Mortgage Bankers
Mortgage bankers fired back at the New York Times for a front-page story that alleges government officials turned lobbyists are aiding big banks that seek to capture profits currently being earned by the government-sponsored enterprises.