NAHB: Congress should encourage home energy efficiency with tax cuts and incentives

National Mortgage Professional

Apr 26, 2009

MBA releases Federal Home Loan Bank Membership Eligibility Guide MortgagePress.comMortgage Bankers Association, Federal Home Loan Bank Membership Eligibility: A Guide for Mortgage Bankers, FHLBank The Mortgage Bankers Association has released a new paper titled, Federal Home Loan Bank Membership Eligibility: A Guide for Mortgage Bankers. The guide provides an overview of the Federal Home Loan Bank (FHLBank) System, and describes the products and services FHLBanks offer their members. The guide also describes the various corporate arrangements that could provide mortgage banks access to the FHLBank Systems funding channels. A copy of Federal Home Loan Bank Membership Eligibility: A Guide for Mortgage Bankers may be found here. For more information, visit www.mortgagebankers.org.

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Apr 26, 2009

Analysis and Data

Mortgage Rates Decline After 3 Weekly Increases

The 30-year fixed-rate mortgage averaged 6.71%, down 8 basis points from the previous week.

Mortgage rates slipped back just a bit this week after three straight increases, Freddie Mac said Thursday. According to its Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.71%, a drop of just 8 basis points from the previous week. “...

Regulation and Compliance

5 Federal Agencies Propose Guidance For ROVs

Addresses reconsiderations of value (ROV) for residential real estate transactions.

Five federal regulatory agencies on Thursday jointly requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.  The five federal agencies that jointly issued the request include the: Board of G...