New York MBA is holding a series of Webinars to engage members, share information and discuss the current lending environment. All members are invited to attend, and all employees of member companies are eligible to attend for free.

Future members are able to attend one complimentary webinar session. Additional sessions can be accessed for a nominal fee. Future members can join New York MBA at any time by going to our membership page or by clicking here.

New York MBA addresses all facets of the real estate finance industry including Branch Licensing, Originations, Processing, Underwriting, Closing, Compliance, and Loan Servicing. In addition to sessions that will address current top-of-mind topics, there will be an ongoing tract of Loan Servicing Webinars that will kick-off on September 23rd at noon with:

New York and the Ever-Changing Foreclosure Landscape


March Forum

Revitalizing Communities and Forging New Partnerships2019 NYMBA Forum 3.18.19

Restoring zombie properties for New York municipalities and consumers is paramount.   This event provided a starting point positive discussion on revitalizing communities with experts in the fields of fast-track foreclosure law, property preservation, mortgage loan servicing as well as elected officials and community stakeholders.  Neighborhood reinvestment and tools to rehabilitate properties in New York were explored in this 1/2 day workshop for those interested in improving communities throughout New York.


  • Mortgage Loan Servicers
  • State & Local Elected Officials
  • Foreclosure Attorneys
  • Property Preservationists
  • Housing Advocacy Groups
  • Community Preservationists
  • Municipalities
  • Code Enforcement Officials

Thank you Event Sponsors!

Forum Gold Sponsors

Forum Corp Sponsors

Clearer Ruling is Good News, Borrowers / Lenders

The Bureau of Consumer Financial Protection (Bureau) is amending Federal mortgage disclosure requirements under the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) that are implemented in Regulation Z. The amendments relate to when a creditor may compare charges paid by or imposed on the consumer to amounts disclosed on a Closing Disclosure, instead of a Loan Estimate, to determine if an estimated closing cost was disclosed in good faith.

The TILA-RESPA Rule requires creditors to provide consumers with good faith estimates of the loan terms and closing costs required to be disclosed on a Loan Estimate. Under the rule, an estimated closing cost is disclosed in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed, subject to certain exceptions. In some circumstances, creditors may use revised estimates, instead of the estimate originally disclosed to the consumer, to compare to the charges actually paid by or imposed on the consumer for purposes of determining whether an estimated closing cost was disclosed in good faith. If the conditions for using such revised estimates are met, the creditor generally may provide revised estimates on a revised Loan Estimate or, in certain circumstances, on a Closing Disclosure. However, under the current rule, circumstances may arise in which a cost increases but the creditor is unable to use an otherwise permissible revised estimate on either a Loan Estimate or a Closing Disclosure for purposes of determining whether an estimated closing cost was disclosed in good faith. This situation, which may arise when the creditor has already provided a Closing Disclosure to the consumer when it learns about the cost increase, occurs because of the intersection of timing rules regarding the provision of revised estimates. This has been referred to in industry as a “gap” or “black hole” in the TILA-RESPA Rule.

The Bureau understands that these circumstances have led to uncertainty in the market and created implementation challenges that may have consequences for both consumers and creditors. If creditors cannot pass increased costs to consumers in the specific transactions where the costs arise, creditors may spread the costs across all consumers by pricing their loan products with added margins. The Bureau also understands that some creditors may be denying applications, even after providing the Closing Disclosure, in some circumstances where the creditor cannot pass otherwise permissible cost increases directly to affected consumers, which can have negative effects for those consumers. For these reasons, in July 2017, the Bureau proposed to address the issue by specifically providing that creditors may use Closing Disclosures to reflect changes in costs for purposes of determining if an estimated closing cost was disclosed in good faith, regardless of when the Closing Disclosure is provided relative to consummation (2017 Proposal or “the proposal”).  The Bureau is finalizing those amendments as proposed, with minor clarifying changes. To view the complete ruling, click here.

MBA Submits Comment Letter on CFPB RFI on Civil Investigative Demands

On Apr. 26, MBA submitted comments on the Consumer Financial Protection Bureau’s Request for Information on Civil Investigative Demands. MBA’s comments communicated many of the industry’s concerns with the CID process. In addition to offering comments related to the CID process, MBA reiterated its support for a broad reexamination of Bureau practices as detailed in MBA’s CFPB 2.0: Advancing Consumer Protection white paper.

CIDs are used by the Bureau to request information that may be relevant to a potential violation of consumer financial protection law. Responding to a CID is a very burdensome process that can involve significant resources and reputational harm. The letter describes aspects of the current CID process that are unfair, including the overly broad notification of purpose statements, the low threshold of initiating an investigation, the inadequate CID challenge process, and the unrealistic timelines. These and other aspects of the current CID process contribute to an imbalance between the Bureau and CID recipient that’s contrary to due process protections. The comment letter offers suggestions to correct this imbalance in a way that recognizes the costs and reputational risks to CID recipients.

Source and for more information please contact Justin Wiseman at (202) 557-2854; or Blake Chavis at (202) 557-2930

2018 NYMBA Convention–It’s a Wrap!

We had a great event at the 2018 “Exceeding the Vision” Annual Convention!  Great speakers, relevant topics and prime networking opportunities.  Check it out–we had a blast!

Click here to see some highlights of the 2018 Convention in Albany.


NYMBA’s Legislative Committee continuously monitors state and national bills related to the real estate finance industry.

If you’re not a member of Mortgage Action Alliance, you’re missing out on an opportunity to participate in the law making process and have your voice heard!

The Mortgage Action Alliance (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association (MBA). MAA is dedicated to strengthening the industry’s voice and lobbying power in Washington, DC and state capitals across America.

For more information click here, to join MAA–click here.


National Advocacy Conference, Washington D.C.  April 2018

NYMBA Advocacy Day Conference, Albany, NY  February 2018

  • Learn about proposed legislation that impacts the way you do business
  • Learn how to effectively discuss legislation with Legislators
  • Join a group discussion with members of the State Legislature

Be a part of shaping the future of your business!
Your involvement can make a difference!


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2018 Membership Renewal

NYMBA membership is from January-December.  Keeping your membership up-to-date is important to the association and to your business.  Take the time now to renew your NYMBA membership today!