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Mortgage Crisis Watch Business and legal issues affecting: loan repurchases | mortgage-backed securities | mortgage insurance

Tag Archives: Mortgage Bankers Association

Upcoming MBA Conference: November 20 in Boca Raton

I will be a panelist at the Mortgage Bankers Association’s (MBA) upcoming Accounting and Financial Management Conference 2013 in Boca Raton, Florida. I will participate in a session on November 20 at 4:15pm entitled “Managing and Accounting for Risk of Repurchases, Indemnifications and Compensatory Fees.” Brandon Coleman, CPA, a partner in Deloitte’s Accounting National Office,… Continue Reading

Upcoming MBA Regulatory Compliance Conference: September 29 in Washington, D.C.

I will be a panelist at the Mortgage Bankers Association’s (MBA) upcoming Regulatory Compliance Conference 2013 in Washington, D.C. I will participate in a session on Monday, September 30 at 1.30 p.m. entitled “Addressing Repurchases in the New Rep and Warrant Model.” The session will address the latest developments involving the GSEs and FHFA, as well as private investors.  We… Continue Reading

Loan Originators Be Warned: Not All Errors Justify Buyback Demands

At last week’s Mortgage Bankers Association (MBA) annual conference in Chicago, Bob Siegel and I attended a panel discussion on “preventing buybacks.” Virtually the sole focus of that session was on steps that loan originators can take to reduce the likelihood of errors in the origination process. Accuracy, and elimination of errors, should of course be… Continue Reading

Mortgage Delinquency Rate Falls To 2008 Levels, And Other Good Housing News

Declining Delinquency Rates According to a report, released May 16th from the Mortgage Bankers Association (“MBA“), the U.S. mortgage delinquency rate declined in the first quarter of 2012 to the lowest level since 2008. Specifically, the delinquency rate for residential mortgage loans decreased to a seasonally adjusted rate of 7.40 percent as of the end… Continue Reading