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18 May 2012, 7:43 am
The Mortgage Bankers Association (MBA”) also claimed that in the first quarter of this year, six percent of loans in Utah were in default — which the association defines being at least 30 days behind on payments. [read post]
2 Oct 2014, 4:29 am
Mortgage Bankers Association, in which (along with Nickols v. [read post]
8 May 2012, 5:16 pm
In addition to the briefs filed by the parties, an amicus brief has been filed in support of the secured creditor’s position by the Loan Syndications and Trading Association, the American Bankers Association, the Clearing House Association, the Commercial Finance Association, the Commercial Real Estate Finance Council, the Equipment Leasing and Finance Association, the Financial Services Roundtable, the Managed Funds Association,… [read post]
31 Oct 2006, 8:08 am
" The request was endorsed by seven industry groups including the American Bankers Association, the Consumer Mortgage Coalition, and the Mortgage Bankers Association.The interesting thing is that Fannie Mae cannot originate loans, but can only buy them on the secondary mortgage market. [read post]
8 Jun 2011, 4:50 pm
It is preposterous that it would take 18 months to determine there was never a mortgage. [read post]
12 Oct 2010, 2:36 am
But I have yet to hear of a single arrest or conviction for the associated perjury, so the courts have accompliced judges to those crimes. [read post]
15 Oct 2009, 6:15 am
Prime loans accounted for 58% of foreclosure starts in the second quarter, up from 44% last year, according to the Mortgage Bankers Association. [read post]
26 May 2011, 5:29 am
I can’t imagine that it’s a coincidence that McHenry has received very generous donations this year from large banks and industry trade associations that oppose the CFPB, including $1,000+ checks from the American Bankers Association, Mortgage Bankers Association, American Express, American Financial Services Organization, Cash America International, JP Morgan, Morgan Stanley and the Securities Industry and Financial Markets… [read post]
20 Sep 2009, 7:17 pm
Francine wondered why the financial statements of Wells Fargo seem not to disclose much, if anything, about repurchase risk associated with mortgage banking activities. [read post]
17 Mar 2010, 7:25 am
A recent Investopedia article sites ‘nearly 9.7% of all American mortgage holders, or 4.5 million homeowners, were delinquent (at least one payment past due) on their loans and if you add in homeowners already in the foreclosure process that number jumps to 14.41% - the highest ever recorded by the Mortgage Bankers Association (MBA). [read post]
29 Apr 2011, 3:10 pm
Greenspan told the Credit Union National Association that the fixed rate mortgage was an expensive way of financing a home. [read post]
23 May 2010, 7:18 pm
The buyback issue is now so white hot that the Mortgage Bankers Association is planning a series of seminars around the nation to educate lenders about their rights as seller/servicers. [read post]
26 Apr 2010, 4:52 pm
And if investment bankers sometimes bullied junior associates to get the "right" tax opinion (which I personally experienced), one cannot doubt that they sometimes (perhaps even more frequently) bullied credit rating agency personnel to get the "right" credit rating. [read post]
25 Jun 2011, 10:06 am
I am making appointments with other bankers who hopefully will help me. [read post]
15 Jul 2012, 9:01 pm
As we rolled into the Mortgage Bankers Association conference in Atlanta this past February, the story was similar to the year before. [read post]
1 Dec 2014, 11:12 am
Ho, the lawyer representing the Mortgage Bankers Association (which represents the banks that don’t want to pay the overtime, not the loan officers who are presumably happy to receive it). [read post]
10 Apr 2012, 11:33 am
A new rule allowing debtors to bar credit-bidding would increase the risk of undervaluation, they argued, and to compensate for that risk lenders would be forced to increase the cost of capital, contended the Managed Funds Association, SIFMA, and the American Bankers Association, among others. [read post]
27 Jul 2012, 7:00 am
This was among the points included in comments the Mortgage Bankers Association submitted to the CFPB in response to the reopening of the comment period on the ability to repay rule. [read post]
23 Oct 2012, 6:42 am
“The bankruptcy system would be opened to abuse,” say the American Bankers Association and the Financial Services Roundtable. [read post]
16 Jun 2014, 8:45 am
Mortgage Bankers Association. [read post]
