Bush Administration to expand mortgage help for struggling families: Expanded FHASecure able to help half a million homeowners stay in their homes by cutting mortgage payments

Apr 09, 2008

NAMB Urgent Alert: Call to action on Federal Reserve Board Rule ... Comments due Tuesday, April 8, 2008MortgagePress.comNAMB, Federal Reserve Board, Proposed Rule Amending Regulation Z, Administrative Procedures Act, grassroots letters If you have not done so, please act now! Send your personalized letter to the Federal Reserve Board (FRB) regarding the Proposed Rule Amending Regulation Z. Please click here for instructions and talking points to assist you in writing your letter to the FRB. It is highly important that these grassroots letters are customized and reflect specific examples and recommendations. This customization is critical because under the Administrative Procedures Act (APA) the FRB must read each and every letter and consider every proposed alternative and recommendation. Click here for a full copy of the Proposed Rule. For questions, please contact [email protected].

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Apr 09, 2008

Industry News

Bank On Borrowers, Not Rate Predictions

Chasing rate forecasts wastes resources better spent on cold, hard business

Lenders and loan originators who listened to and relied on economists’ predictions hoped that lower rates would materialize all through 2023. Their disappointment carried through until September of 2024, when the Federal Reserve cut interest rates for the first time in four ...

Analysis and Data

Mortgage Credit Nosedives In November

Lackluster investor interest and industry consolidation are taking their toll on the market's liquidity

Mortgage credit declined sharply in November, with government indices reaching their lowest levels since 2012 according to updated figures from the Mortgage Bankers Association (MBA). Falling 3.3% to 95.9, November marks the fifth consecutive month of declines in the MBA’...