Featured Articles

Freddie Mac PMMS: Rates climb in response to rise in bond yields
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.29 percent with an average 0.7 point for the week ending June 4, 2009, up from last week when it... Read more
NAHB: Bolstering GSEs key to the future of the nation's housing finance system
In contemplating the future status of housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the National Association of Home Builders (NAHB) has told Congress it is critical for the federal government to provide a... Read more
MBA's Berman testifies on present and future of GSEs
Michael D. Berman, CMB, vice chairman of the Mortgage Bankers Association (MBA), has testified before the House Financial Services Subcommittee on Capital Markets, Insurance and the Government Sponsored Entities at a hearing titled, "The... Read more
CSBS reports to Congress: States on track to meet SAFE deadline
The Conference of State Bank Supervisors has released the first annual report of the Nationwide Mortgage Licensing System to the U.S. Department of Housing and Urban Development (HUD) and Congress to provide information on the System’s... Read more
Freddie Mac PMMS: Bond yields push mortgage rates higher this week
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.91 percent with an average 0.7 point for the week ending May 28, 2009, up from last week when it... Read more
Refinance activity falls, purchase applications steady in latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending May 22, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 786.0, a decrease of 14.2 percent... Read more
How to handle tough real estate agents when doing FHA
We’ve all heard plenty about dealing with tough times. I’d like to share with you some of the tips I’ve learned when dealing with tough real estate agents. Many loan officers (LOs) have not learned the skills necessary to effectively deal... Read more