Innovators Unleashed

Mar 04, 2024

Seeking Professionals Pioneering Change and Driving Innovation Across Social Media Platforms

NMP Magazine is on the lookout for outstanding individuals who are redefining the mortgage industry, and we need your help to find them. Do you know a mortgage professional who's breaking through traditional algorithms, harnessing the power of conversation, and driving innovation that yields remarkable results? Nominate them for NMP Magazines 2024 Most Connected Mortgage Professionals today!

We're searching for those who are not just following the status quo but are setting new standards by shattering algorithms and fostering meaningful engagement. Don't miss the chance to recognize the mortgage professional who's making waves in the industry. Nominate today, and let their story inspire others! Honorees will be recognized in the July 2023 issue of NMP Magazine. Check out last year's winners.

Nomination Deadline: March 29, 2024

Nominate an influential mortgage professional.

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Published

Mar 04, 2024

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...