mortgage bankers

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Latest blogosphere posts tagged “mortgage bankers”

  • Office, Industrial Originations Up


    Mortgage-BlogAuthority Authority: 152
    Commercial mortgage production for loans secured by office properties jumped by nearly two thirds from the second quarter in the Mortgage Bankers Association’s third-quarter origination survey. Industrial origination activity expanded by nearly half during the same period. However, overall commercial loan fundings ...
    2 days ago
  • If the owner of the property can’t pay the mortgage, then how can thy pay the monthly lease?


    InvestmentWatchAuthority Authority: 449
    As things get more desperate you seem to see more absurd ideas bubbling up to the surface. “Fannie Mae to Allow Borrowers to Lease Homes” “Under the program, called Deed for Lease, those owners who qualify would be able to remain in their residences by signing a lease voluntarily transferring the property ...
    3 days ago
  • Mortgage Refinance Applications Increase in Latest MBA Weekly …


    Mortgage onlineAuthority Authority: 158
    WASHINGTON, DC - November 4, 2009 - (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 30, 2009. The Market Composite Index, a measure of mortgage ...
    5 days ago
  • Refinance Of Mortgages Increased Bank Profits


    SDB Benchmark Real EstateAuthority Authority: 126
    Mortgage bankers made an average profit of over $1,088 on each loan they originated in the first quarter of 2009, according to the Mortgage Bankers Association (MBA). This profit marks a marked improvement over the 4th quarter 2008 results in which average profits were $148 per loan, according to the MBA’s Quarterly ...
    5 days ago
  • Interest rates drop back below 5 percent; Home loan applications decrease


    Real Estate Investors DailyAuthority Authority: 127
    Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October30, 2009. The report showed an decrease of 1.8 percent in mortgage loan applications for a home purchase from the week before in spite of the fact interest rates slipped back below 5 ...
    5 days ago
  • Interest rates drop back below 5 percent; Home loan applications decrease


    Real Estate Consumer NewsAuthority Authority: 126
    Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October30, 2009. The report showed an decrease of 1.8 percent in mortgage loan applications for a home purchase from the week before in spite of the fact interest rates slipped back below 5 ...
    5 days ago
  • Wholesalers Lead Mortgage Banking Profits Higher


    Mortgage-BlogAuthority Authority: 152
    The average profit on loans originated in the second quarter by independent mortgage bankers and their subsidiaries jumped by $270 from the first quarter, the Mortgage Bankers Association reported. At wholesale lenders, profit-per-loan jumped by $410 from the first quarter. MBA said the increase at wholesalers was ...
    6 days ago
  • Lenders Warn About Forcing 'Skin in the Game'


    Mortgage-BlogAuthority Authority: 152
    The president and chief executive officer of the Mortgage Bankers Association issued a letter to senior member of the House Financial Services Committee. He warned the legislators that pending legislation which would force mortgage bankers to retain "skin in the game" on residential loans they originate could be ...
    6 days ago
  • But of course they are against it….


    tvanderwell on SmartHippo.comAuthority Authority: 439
    The MBA (mortgage people) are opposed to the legislation that is potentially moving through Congress.   What legislation is that?   The one that requires any institution that sells mortgages to retain 10% of the risk in them. Let’s look at things in a rational manner for a minute: The goal, I’m supposing, ...
    6 days ago
  • States Are Pondering Fraud Suits Against Banks


    NYT > TheaterAuthority Authority: 915
    Unable to do much about runaway foreclosures, the states’ top lawyers are thinking of suing banks for fraudulently marketing mortgages.
    1 week ago
  • But of course they are against it….


    Straight Talk About Mortgages and Real EstateAuthority Authority: 544
    The MBA (mortgage people) are opposed to the legislation that is potentially moving through Congress.   What legislation is that?   The one that requires any institution that sells mortgages to retain 10% of the risk in them. Let’s look at things in a rational manner for a minute: The goal, I’m supposing, ...
    1 week ago
  • Enough From The Banks


    Fools and SagesAuthority Authority: 416
    A fun article that has not a lick of anything that will do consumers any good but is all about the banks, from Bloomberg on October 13 : Banks will push the Obama administration to expand its mortgage-modification program to allow interest-only periods on reworked loans, seeking to bring more homeowners into the ...
    1 week ago
  • Legislation to Extend Loan Limits Passes


    Mortgage-BlogAuthority Authority: 152
    Congress has passed legislation that will extend higher loan limits on conforming and government-insured loans, the Mortgage Bankers Association announced. The higher limits had been set to expire on Dec. 31. MBA’s chairman applauded the legislation, noting that it will contribute to restoration of the mortgage ...
    1 week ago
  • The world changed this week…and most people have no idea.


    InvestmentWatchAuthority Authority: 449
    Last week this was my call: “I continue to believe that next week will be the week that shakes the financial world at its foundation.” I believed it happened on Sunday evening. Although it may not seem like it on the surface.. yet… I believe that the “temporary structural I-beam” that has supported our ...
    1 week ago
  • Three Weeks In A Row Mortgage Rates Rise


    Refinance Home MortgagesAuthority Authority: 432
    They have been at record lows, but few economists expected that to last. (...)
    1 week ago
  • Mortgage Market Declines


    Mortgage-BlogAuthority Authority: 152
    The average 30-year fixed-rate mortgage rose 3 basis points from last week in Freddie Mac’s latest rate survey. Also 3 BPS higher were the 15-year fixed-rate mortgage and the one-year Treasury-indexed adjustable-rate mortgage. Loan applications, meanwhile, were off 12 percent from the prior week in the latest weekly ...
    1 week ago
  • Home buyer tax credit update


    Real Estate Investors DailyAuthority Authority: 127
    Dennis Norman I have been talking a lot lately about the first-time home buyer tax credit of $8,000 that has stimulated some home buying but is set to expire on November 30th. I have also shared the efforts by organizations such as the National Association of REALTORS, The Mortgage Bankers Associaiton, The National ...
    1 week ago
  • Home buyer tax credit update


    Real Estate Consumer NewsAuthority Authority: 126
    Dennis Norman I have been talking a lot lately about the first-time home buyer tax credit of $8,000 that has stimulated some home buying but is set to expire on November 30th.  I have also shared the efforts by organizations such as the National Association of REALTORS,  The Mortgage Bankers Associaiton, The ...
    1 week ago
  • Mortgage Interest Rates drop slightly; Applications for home purchase drops 5.2 percent


    Real Estate Consumer NewsAuthority Authority: 126
    Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending October 23, 2009. The report showed an decrease of 5.2 percent in mortgage loan applications for a home purchase from the week as interest rates moved ever so slightly downward. For the past ...
    1 week ago
  • Slow But Steady Recovery Expected For the Mortgage Industry


    Mortgage-BlogAuthority Authority: 152
    After a surge in mortgage applications last week in the U.S., we may expect to see a slow but steady recovery for the mortgage industry, which has been adversely affected by the recent slump in the housing market. During the week ended October 2, 2009, the Mortgage Bankers Association’s (MBA) index of applications ...
    1 week ago

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