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4 Jun 2012, 1:57 am by Mandelman
    If you’ve been following my outrage over the California State Bar Association’s so-called “interpretation” of our state law known as SB 94, then you know the issue. [read post]
21 May 2012, 5:15 am by Mandelman
The CEO of the powerful Mortgage Bankers Association, John Courson, has said that underwater borrowers should keep paying on their mortgage loans and “should not walk away from lawful debts”. [read post]
21 May 2012, 3:53 am by Mandelman
  I understand why the Mortgage Bankers Association supported SB 94, but I for one don’t need or want that kind of “protection,” thank you anyway. [read post]
19 May 2012, 2:37 pm by Lovechilde
Mug a banker and you might score a wallet containing a month’s rent. [read post]
19 May 2012, 6:39 am by Mandelman
    Here’s how the Mortgage Bankers Association chose to confuse people in Utah last week…   The Mortgage Bankers Association yesterday released a report claiming that the share of Utah’s home loans at least 30 days late dropped to 7.4 percent… from 7.58 percent in the previous three months. [read post]
18 May 2012, 7:43 am by Mandelman
  The Mortgage Bankers Association (MBA”) also claimed that in the first quarter of this year, six percent of loans in Utah were in default — which the association defines being at least 30 days behind on payments. [read post]
17 May 2012, 8:55 am by Sacha Boegem
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. [read post]
8 May 2012, 5:16 pm
In addition to the briefs filed by the parties, an amicus brief has been filed in support of the secured creditor’s position by the Loan Syndications and Trading Association, the American Bankers Association, the Clearing House Association, the Commercial Finance Association, the Commercial Real Estate Finance Council, the Equipment Leasing and Finance Association, the Financial Services Roundtable, the Managed Funds Association,… [read post]
4 May 2012, 1:10 pm by BuckleySandler
 The industry amicus brief, filed on behalf of the American Bankers Association, Consumer Bankers Association, and Consumer Mortgage Coalition, urges the Tenth Circuit to hold that TILA’s statute of repose requires that any right of rescission expire three years after origination even if the consumer previously notified the lender. [read post]
3 May 2012, 4:00 am by Richard J. Andreano, Jr.,
Although the American Bankers Association and the Mortgage Bankers Association had each sent comment letters to the Fed in July 2011 urging adoption of the safe harbor alternative, the ABA and the MBA, along with 21 other trade groups and housing industry organizations, reiterated their views in a letter sent to Director Cordray on April 27, 2012. [read post]
30 Apr 2012, 4:00 am by Barbara S. Mishkin
The second panel was asked to provide input on the mortgage servicing rules proposal that the CFPB is developing. [read post]
23 Apr 2012, 8:20 am by Jeremy T. Rosenblum
The President of South Dakota Banker’s Association wanted to share some statistics with Director Cordray about ag competition with a large credit union. [read post]
20 Apr 2012, 3:36 pm by BGrimm
Many owners, when they stop paying their mortgage, also stop paying the association fees. [read post]
19 Apr 2012, 4:36 pm
According to the Massachusetts Bankers Association, lender requirements included in the bill are too broad. [read post]
18 Apr 2012, 9:15 am by Mandelman
  Absent the government guarantee, there would essentially be no mortgages available… period. [read post]