Language shielding lenders of an unusual type of mortgage from lawsuits got included in the state’s big economic development bill this week over the objections of the state’s biggest mortgage-lender trade group.
A new analysis of Home Mortgage Disclosure Act data shows too many Black and Latino first-time homebuyers are still using expensive FHA loans when much cheaper local options exist, a major housing advocacy group says.
With 188 bills on the group’s radar and 24 of them before the committee that he co-chairs, Sen. Paul Feeney joked Tuesday that the Massachusetts Mortgage Bankers Association and Executive Director Deborah Sousa have season tickets to hearings of the Joint Committee on Financial Services.
Anyone who bought a home in Massachusetts since the start of the coronavirus pandemic now faces a countdown clock to get their homes’ smoke and carbon monoxide detectors inspected.
The trade group representing Massachusetts’ mortgage industry fired a broadside at one of the top federal housing regulators.
U.S. Reps. Mark Sanford and Brad Sherman have reintroduced a bill that would prohibit Congress from counting increases to Fannie Mae and Freddie Mac’s guarantee fees as sources of funding for unrelated spending.
Mounzer M. Aylouche, MassHousing’s manager of homeownership business development, has been elected chairman of the Massachusetts Mortgage Bankers Association (MMBA).
