Rod Alba has been promoted to senior director of government affairs at the Mortgage Bankers Association, and Daniel Szparaga has been promoted to senior director of the Commercial/Multifamily Real Estate Finance Division.Mr. Alba is the MBA's lead regulatory specialist, advising on such issues as the Real Estate Settlement Procedures Act, the Truth in Lending Act, and the Home Mortgage Disclosure Act, among others. Mr. Szparaga is responsible for technology and electronic commerce in the commercial and multifamily mortgage industries.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
7h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
8h ago -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
8h ago -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
10h ago -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25