Fair Issac and AllRegs expand delivery of FICO score training to lending professionals

Oct 21, 2008

Integrity Mortgage welcomes LO Chris BlountMortgagePress.comIntegrity Mortgage, Chris Blount, loan officer Chris Blount has joined Integrity Mortgage, an Arrington, Edgar & Shiel (AES)-managed company, as a senior mortgage consultant. Blount who has been in the mortgage industry for eight years brings a high level of mortgage experience gained from owning and managing his own mortgage company where he was the top producing agent. For more information, visit www.integritymortgagenc.com.

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Oct 21, 2008

Analysis and Data

Mortgage Rates Notch Down For Third Consecutive Week

Freddie Mac analysis finds 30-year fixed rate mortgage dips to 6.60%.

The national average 30-year-fixed mortgage rate dropped for the third consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12, down from 6.69% the week prior. Meanwhile, the ...

Industry News

MBA Proposes New Ginnie Mae Security To Avoid Next Doomsday

Nonbank originators and servicers face massive risks of liquidity stress in the next economic downturn

No one wants to watch a re-run of the 2008 Financial Crisis, especially not the Mortgage Bankers Association (MBA), which today announced its proposal to develop a new product for Ginnie Mae securitization. The idea to modernize Ginnie Mae's liquidity structures was not t...