The Mortgage Bankers Association (MBA) today awarded Laura Sherrod, Director of Servicing Compliance and Learning Development at AmeriFirst Home Mortgage, with the first annual Ken Markison Legacy Achievement Award at the association's Regulatory Compliance Conference in Washington, D.C.
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for August 2018 show mortgage applications for new home purchases decreased 4.6 percent
Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.
Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 7, 2018. This week's results include an adjustment for the Labor Day holiday.
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 31, 2018.
Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the second quarter of 2018, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.
The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers' volumes as of June 30, 2018. At the top of the list of firms is Wells Fargo Bank, NA, with $654.0 billion in master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $599.7 billion
Mortgage applications decreased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 24, 2018.
On Thursday 2nd August 2018 the Bank of England increased interest rates to the highest they’ve been since 2009. This change sees the UK interest rate increase from 0.25% to 0.75%. Though the increase has been small, it has had an impact on various sectors of the economy, including property.
ABI and the UMKC School of Law are pleased to present the 38th Annual Midwestern Bankruptcy Institute at the Kansas City Marriott, Oct. 11-12, 2018! This year’s program features business, consumer and professional development tracks at affordable pricing, so attendees can get the precise training that they need.
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $580 on each loan they originated in the second quarter of 2018, up from a reported loss of $118 per loan in the first quarter of 2018, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report.
Mortgage applications increased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 17, 2018.
Sun West Mortgage Company, Inc. has expanded their distributed retail division with the launch of a new DBA, Mortgage Possible. Currently located in Buena Park, CA, Mortgage Possible has plans for a nationwide expansion, starting in California, Arizona, Nevada, New Jersey
The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $36.77 billion in July. A breakdown of July issuance includes $35.383 billion of Ginnie Mae II MBS and $1.391 billion of Ginnie Mae I MBS, which includes $1.229 billion of loans for multifamily housing.
The Conference of State Bank Supervisors (CSBS) announced today that all states and U.S. territories now use a single, common exam to assess mortgage loan originators (MLOs), simplifying the licensing process for MLOs and streamlining supervision of the mortgage industry.
The Justice Department announced today that Wells Fargo Bank, N.A. and several of its affiliates (Wells Fargo) will pay a civil penalty of $2.09 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) based on the bank’s alleged origination and sale of residential mortgage loans that it knew contained misstated income information and did not meet the quality that Wells Fargo represented.
The Conference of State Bank Supervisors (CSBS) announced that the Minnesota Department of Commerce began using the National SAFE Mortgage Loan Originator (MLO) Test with Uniform State Content starting today, bringing the total number of state agencies that use the test to 59.
Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 20, 2018.