Search for: "Mortgage Bankers Association"
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6 Dec 2009, 5:27 am
Yet at the end of September, a record 14.4 percent of borrowers were either in foreclosure or delinquent on their mortgages, the Mortgage Bankers Association reported. [read post]
29 Nov 2009, 3:53 am
 Of trusting bankers. [read post]
20 Nov 2009, 9:26 am
Of no surprise to this Jacksonville Bankruptcy Lawyer, The Wall Street Journal reports a record 14% of American households with mortgages were behind on payments or in foreclosure in the third quarter, according to the Mortgage Bankers Association. [read post]
16 Nov 2009, 7:23 pm
According to Jessica Holzer of Dow Jones Newswires, the American Bankers Association, the Commercial Mortgage Securities Association, the Council of Federal Home Loan Banks, the Financial Services Roundtable, the National Multi Housing Council, the National Apartment Association, the National Association of Home Builders and the Real Estate Roundtable signed onto a letter to House Financial Services Chairman Barney Frank (D. [read post]
10 Nov 2009, 9:42 am
After a meeting with the Mortgage Bankers Association last week, the FHA made the following changes to its June 12 condominium guidance letter in a new letter dated Nov. 6: Spot loan approvals can continue until Feb. 1, 2010. [read post]
7 Nov 2009, 3:40 pm
 At that moment, the bankers knew, as the song says, that they had trouble… right here in River City. [read post]
4 Nov 2009, 7:20 am
"I can see where customers may be disappointed," said Denyette Depierro, a senior counsel in the American Bankers Association's office of regulatory policy. [read post]
31 Oct 2009, 10:59 am
"Treasury cannot identify, assess and address risks associated with servicers that lack the capacity to fulfill all program requirements. [read post]
31 Oct 2009, 5:29 am
Further, and as if that news wasn’t bad enough, according to Michael Young, Vice Chairman of the Mortgage Bankers Association, 99% of the loan modification packages are incomplete, which has led to speculation that many of the 500,000 will never submit the necessary documentation or otherwise will not qualify. [read post]
26 Oct 2009, 9:27 pm
Looks like FHA/HUD took notice of the public's comments (led in great part by lobbying from Community Association Institute (CAI), National Home Builders Association, National Association of Realtors and the Mortgage Bankers Association). [read post]
23 Oct 2009, 3:45 am
Despite all of the bad news, realtors and not surprisingly, bankers, want to extend the credit. [read post]
21 Oct 2009, 8:34 pm
(Even the Mortgage Bankers Association had some facially plausible basis for their cramdown claim.) [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]
10 Oct 2009, 7:32 am
Assume there is a $90,000 mortgage on the home (netting $10,000 of equity). [read post]
2 Oct 2009, 1:05 pm
Wachovia Mortgage Corp, et al. [read post]
22 Sep 2009, 6:23 am
He noted that there are an unprecedented number of weak mortgages (subprime and Alt-A loans) on the balance sheets of banks. [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]
14 Sep 2009, 11:29 am
Nearly eight percent of all U.S. homeowners are seriously delinquent on their mortgage payments, according to recent reports from the Mortgage Bankers Association. 47 mortgage servicers have so far signed up with the Treasury Department to participate in the HAMP program. [read post]
7 Sep 2009, 7:37 pm
One session during the business meeting of the National Association of Industrial Bankers on August 21 consisted of a presentation by local representatives of the FDIC and the Utah Department of Financial Institutions as to their "regulatory hot buttons. [read post]
5 Sep 2009, 8:01 pm
The study found that the filter banks more customers than before (64.6%).60.6% of those interviewed by telephone said the banks put more difficulties in the application of provisions previously, a majority also said they are not given credit as before.On products will be promoted this year, bankers polled by 23.4% said that the mortgage loans and personal loans 20.6% and 11.2% of deposit accounts.Regarding the perception of system controls, 76.6% of bankers surveyed said… [read post]
