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Freddie Mac PMMS: One-year ARM ticks up as all other rates fall

National Mortgage Professional
Oct 08, 2008

MBA's Courson comments on Treasury plan to purchase mortgage assetsMortgagePress.comMBA, John Courson, Mortgage Bankers Association, Treasury John A. Courson, Chief Operating Officer of the Mortgage Bankers Association (MBA) has issued the following statement in response to proposed legislative language allowing the Treasury to purchase distressed mortgage assets. "We applaud the Administration and bipartisan Congressional leadership for quickly coming up with a plan to set up this facility within the Treasury Department. While we only have the outline of a program, with many details sure to be debated and filled in in the coming days, this is a good start--a program created within the current government infrastructure than can be implemented quickly. We look forward to continuing to work with Treasury and Congress to answer the outstanding questions, including how to help financial institutions and troubled homeowners without doing further harm to the mortgage market." For more information, visit www.mortgagebankers.org.
Published
Oct 08, 2008
Home Partners Of America Launches Choice Lease Program

Home Partners of America launched its Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities.

Industry News
Jan 17, 2022
KBRA Assigns Preliminary Ratings To OBX 2022-NQM1 Trust

Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Non-QM
Jan 17, 2022
Zillow: Black Mortgage Applicants Denied 84% More Often Than White

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

Analysis and Data
Jan 13, 2022
Mortgage Economic Review January 2022

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Analysis and Data
Jan 13, 2022
Fairway Independent Mortgage Corp. Puts Employees' Health First

Fairway Independent Mortgage continues to allow its employees to choose whether to return to the office or not.

Industry News
Jan 12, 2022
First American Agrees To Acquire Mother Lode Holding Co.

Acquisition would expand First American’s footprint in 11 states

Industry News
Jan 12, 2022