The Mortgage Bankers Association (MBA) installed Laura Escobar, president of Lennar Mortgage, as its 2025 chairperson at a ceremony during the trade group’s 2024 Annual Convention & Expo. Escobar currently serves on several advisory boards and committees,...
The Mortgage Bankers Association (MBA) has hired Astrid Vermeer as senior vice president and chief financial officer (CFO). In her new job, Vermeer will oversee MBA’s managerial accounting and financial operations, including financial reporting, budgeting,...
Mortgage application activity is in decline while forbearance levels are on the rise, according to data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.7% on a...
Mortgage application activity slowed down for the week ending Oct. 11, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted and...
A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...
FHA Sets Lowest-Score Rule for Multiple Credit Models Ahead of January 1 Sh…
