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Customer satisfaction with primary mortgage originators is on the rise, according to the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study
Higher Customer Satisfaction Levels for Originators
Customer satisfaction with primary mortgage originators is on the rise, according to the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study.   Overall satisfaction with primary mortgage originators during 2018 swelled by... Read more
Commercial and multifamily origination levels should wrap up 2018 at a level slightly above last year’s record activity, according to new data from the Mortgage Bankers Association (MBA)
Commercial and Multifamily Origination Forecast to Rise
Commercial and multifamily origination levels should wrap up 2018 at a level slightly above last year’s record activity, according to new data from the Mortgage Bankers Association (MBA).   With less than two months remaining in the year,... Read more
It was up-up-and-away for mortgage rates in Freddie Mac’s latest Primary Mortgage Market Survey (PMMS)
Mortgage Rates Hit Seven-Year High Point
It was up-up-and-away for mortgage rates in Freddie Mac’s latest Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) hit a seven-year peak when it averaged 4.94 percent for the week ending Nov. 8, 2018, up from... Read more
HAMB Announces Its 2019 Board of Directors
The HAMB-The Hawaii Association of Mortgage Professionals has announced its Officers and Directors for 2019. All positions for the HAMB Board are voluntary, and members must be in good standing. Congratulations to the following:   ►... Read more
While most of the national attention in last night’s election coverage focused on prominent personalities in key states, a number of local referendums addressed issues related to housing affordability
Affordable Housing Bond Measures Pass in Three States
While most of the national attention in last night’s election coverage focused on prominent personalities in key states, a number of local referendums addressed issues related to housing affordability.   Portland voters approved a $652.8... Read more
Last week was not a very good time for mortgage applications, according to new data from the Mortgage Bankers Association (MBA)
Mortgage Applications at Four-Year Low
Last week was not a very good time for mortgage applications, according to new data from the Mortgage Bankers Association (MBA).   For the week ending Nov. 2, the Market Composite Index fell by four percent on a seasonally adjusted basis... Read more
Last night’s victory by the Democrats in regaining the House of Representatives could lead to Rep. Maxine Waters (D-CA) gaining the chairmanship of the House Financial Services Committee
Waters Poised to Chair House Financial Services Committee
Last night’s victory by the Democrats in regaining the House of Representatives could lead to Rep. Maxine Waters (D-CA) gaining the chairmanship of the House Financial Services Committee.   Waters, who is the Committee’s Ranking Member,... Read more
Richard Cordray, the former Director of the Consumer Financial Protection Bureau (CFPB), failed in his attempt to return to elected office, losing the race for Governor of Ohio to Republican Mike DeWine
Cordray Flops in Ohio Governor Race
Richard Cordray, the former Director of the Consumer Financial Protection Bureau (CFPB), failed in his attempt to return to elected office, losing the race for Governor of Ohio to Republican Mike DeWine.   The Cordray-DeWine match-up was... Read more
The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019
FHFA Keeps Multifamily Lending Caps in Place
The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019.   According to the FHFA, the caps are based on its projections... Read more
What is the biggest fear to agitate the mortgage industry? According to a new survey by Genworth Mortgage Insurance, it is the prospect of rising interest rates
Survey: Mortgage Professionals Fear Rising Rates
What is the biggest fear to agitate the mortgage industry? According to a new survey by Genworth Mortgage Insurance, it is the prospect of rising interest rates.   The new survey, which polled 203 industry executives during the recent... Read more