The Texas Mortgage Bankers Association’s (MBA) 10th Annual Reverse Mortgage Day may be just in time, considering the industry’s changing lending landscape. The conference, which is co-hosted by the National Reverse Mortgage Lenders Association, kicks off on Wednesday evening, September 7, at the Hilton Post Oak in Houston, Texas. The following morning, on Sept. 8 [...]

As the deadline for extending the nations debt limit gets closer to the August 2nd deadline, financial services groups are starting to take action. On Tuesday, the U.S. Chamber of Commerce and financial industry trade groups such as the Securities Industry and Financial Markets Association and the Financial Services Roundtable pushed Congress to act. Unlike [...]

The Texas Mortgage Bankers Association announced its 10th Annual Reverse Mortgage Day will be held at the Hilton Post Oak in Houston, TX, on September 7-8. The conference will be co-hosted with the National Reverse Mortgage Lenders Association and is one of the only state specific reverse mortgage conferences in the country.  The event brings [...]

The return of private capital must be the dominant source of mortgage credit and bear the primary risk in any future housing finance system said more than a dozen financial and housing trade groups in a report published last week. “As policymakers debate options to restore vitality, integrity and stability to the secondary mortgage market, including [...]

The House Financial Services Committee will examine the implementation of the Federal Reserve’s rule that changes the compensation model for mortgage originators prior to the effective date of April 1.  The committee said it’s concerned the rules may have an adverse impact on the ability of small businesses that originate mortgages to remain in business. Drafted earlier this [...]

The Federal Reserve Boards decision to back away from finalizing three mortgage proposals under Regulation Z prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB) is receiving praise from just about everyone. “All along we have asked the Fed to suspend its Reg. Z rulemakings, knowing that the [...]