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Industry News
This topic consolidates the heartbeat of today's mortgage banking environment with news stories relevant to the financial compliance industry.
This topic consolidates the heartbeat of today's mortgage banking environment with news stories relevant to the financial compliance industry.
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Click below to read the full article.
Search our Compliance Calendar for current regulatory changes & updates.
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MBA Servicing NewsLink article | by Amandy Phillips
"ACES has made my life so much easier from a QC perspective. It's life-changing"
- Kelly Cooper Spencer, QC & Business Intelligence Data Manager at Thrive Mortgage
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Click below to read the full article written by Richard J. Andreano, Jr., John L. Culhane, Jr. & Loran Kilson in Ballard Spahr's Consumer Finance Monitor.
MBA Newslink--Bill Killmer; Pete Mills
This update includes information on IVES concerns, Senate Banking Committee hearing relating to flood insurance, GSE loa downpayment enhancements, and more.
DS News -Eric C. Peck
According to the Mortgage Bankers Association’s (MBA) latest Loan Monitoring Survey, the total number of loans in forbearance nationwide continues to drop, declining by three basis points from 0.26% of servicers’ portfolio volume in the prior month to 0.23% as of December 31, 2023.
"ACES has shined a light on our productivity and empowered us to hold our teams accountable."
- Emilee Rada, Director of Lending Operations at Georgia's Own Credit Union
Scotsman Guide - Arnie Aurellano
First American Financial Corporation's Real House Price Index (RHPI) indicates homebuying power in November of 2023 was as low as it's been in three decades.
MBA NewsLink
According to ATTOM Year-End 2023 U.S. Home Sales Report, home sellers gained $121,000 in profit on a typical home and a 56.5% return on investment in 2023.
MBA NewsLink--Bill Killmer; Pete Mills
This week's update includes information on Basel III proposal for changes to mortgage provisions; Congress passes another continuing resolution to avoid a government shutdown; and MBA's support of the bipartisan tax package.
MBA - NewsLink
According to the U.S. Census Bureau, single-family housing starts fell 8.6% in December to 1.03 million.