Articles, tagged with "mortgage bankers association", page 1

Housing solutions

Mortgage rates will continue to remain near lows for the year ahead, while home prices are expected to remain flat, the Mortgage Bankers Association’s chief economist said on Tuesday. And both are expected do little to inspire anyone to buy a home. ... Read >
Author: sakvoyaj

The subprime mortgage rescue plan

A plan to help stressed homeowners. If you have a mortgage set to readjust soon, help may be on the way. Last Thursday, President Bush announced a new plan to help subprime borrowers, just hours after the Mortgage Bankers Association reported the largest ... Read >
Author: jerry

Banks Reducing Principal with Help from Specialty Servicer

Under pressure from the government the banks are seriously going about the work of reducing principal on mortgaged loans for those threatened with foreclosures. For this they are taking the help of servicers specialized in the line – ‘specialty serv... Read >
Author: karen

Virginia Home Buyer Demand Stooping To A Level Than Expected

The Mortgage Bankers Association (MBA) released its observations for the week ending February 11th, 2011. The loan application research covers over 50% of all U.S. housing mortgage loan applications taken by mortgage loan bankers, commercial banks, an... Read >
Author: Andy Sikora

The Purpose of the MFAA

The Mortgage and Finance Association of Australia is also known as the MFAA. It’s main purpose is to protect consumers from unscrupulous operators in the finance industry by maintaining professional standards among its members. The MFAA has previously... Read >
Author: michael sterios

Avoiding Foreclosure Alternatives: Which Will Work For You?

Nearly one in 10 American households with a mortgage are behind on their payments, according the Mortgage Bankers Association. In order to help, the Obama Administration introduced in 2009 the Making Homes Affordable Program (HAFA), a plan to help strugg... Read >
Author: Mostrer

Loan Officer Compensation

Many mortgage loan officers are looking at 2011 with dread. In the midst of a devastating real estate downturn, burdensome industry regulation and tightening credit standards, originators in the industry are also facing new regulations regarding their co... Read >
Author: Nigel Swaby

To Foreclose or Not to Foreclose - That is the Question

Countless Americans are in a state of limbo as the lenders and courts sort through documents undecided about when or whether to foreclose or not to foreclose; that is the big question. One couple is waiting with the sword of Damocles hanging on their... Read >
Author: karen

Industry Groups Get a Little Optimistic on Housing Market and Economy

The National Association of Business Economics (NABE) keeps its economic outlook ‘sub-par’, but it still holds optimism. The group expects consumer spending in the US to remain modest in the coming months due to sluggish gains in employment rate and the a... Read >
Author: rudson tren

Demand for Home Purchase Loans, Mortgage Rates Climb

Demand for loans that are intended to be used for purchasing homes rose to a seven-month high last week. According to the Mortgage Bankers Association (MBA), purchase loans demand increased to 1.1% (seasonally adjusted) for the week that ended on November... Read >
Author: rudson tren

Purchase Mortgage Demand Rises to Record Levels

As a sign that homebuyers are getting more confident about their financial conditions, demand for purchase home loans rose in the week ending November 19. Loan applications for home purchases jumped 14.4% in the week compared to the previous week. This is... Read >
Author: rudson tren

Who Is Better - - Mortgage Banker Or Mortgage Broker

In a time that seems so long ago, when you applied for a mortgage, it was assumed you would go to your local bank -- the institution where you kept your savings and checking accounts - to also obtain your home loan. I can't exactly put my finger on the ti... Read >
Author: HC TANNER

U.S. President Obama’s Home Loan Assistance is Losing Steam

The declining number of beneficiaries of the assistance program is expected to decline even more to a point where the dropouts overtake the borrowers actually receiving permanent assistance. Around 26,679 people have defaulted on their modified loans in... Read >
Author: rudson tren

Mortgage Delinquency Rates Drop

The rate of mortgage delinquency dropped during the last three months. However, this is only because more homes have already been repossessed. You cannot be behind in payments anymore when you have already lost your house. The number of borrowers who we... Read >
Author: rudson tren

US Home Loan Applications Rise amid Declining Interest Rates

As interest rates continue to decline, more and more homeowners find it the best time to apply for mortgage. The Mortgage Bankers Association’s index of mortgage applications rose 5.8% in the week ending November 5 compared to the index in the preceding w... Read >
Author: rudson tren

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License