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Mortgage Lending News Click to continue . . .
• Foreclosure Preventions By Industry On Pace For Record
More Than 1.7 Million Mortgage Workouts Since July 2007
HOPE NOW,Kate McGann,Washington DC 07/07/2008
• Mortgage Applications Increase In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 27, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 477.7, an increase of 3.6 percent on a seasonally adjusted basis from 461.3 one week earlier. On an unadjusted basis, the Index increased 3.2 percent compared with the previous week and was down 22.8 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/07/2008
• KEY BUSINESS PROGRAMS AT ABA ANNUAL MEETING TO ADDRESS EFFECTS OF ECONOMIC SLOWDOWN ON BANKS, HEALTH CARE INDUSTRY AND MORE
Banks and health care delivery systems in financial crisis and the future of securitized residential loans are among critical business law programs featured at the 2008 American Bar Association Annual Meeting, Aug. 7-12, in New York City.
American Bar Association,Suzanne Cibotti,Chicago il 07/07/2008
• Reverse Mortgages - Book
After more than 4 years in the making my book`s pre-publication promotion has begun nationally in The Mortgage Press newspapers. Please reserve your copy today!
Credo Mortgage,Atare Agbamu,Erlanger Kentucky 07/07/2008
• Mortgage Credit News - July 3, 2008
The immediate credit market response to a wave of new economic data is as-was, lowest fee mortgages 6.50%, 10-year T-note just under 4.00%.
However, this week marks very significant change: economic decline here and in Europe is now beyond argument, and the decline is fighting inflation for the Fed and ECB, neither of which needs to raise its rate further.
Boulder Mortgage Bank,Lou Barnes,Boulder Colorado 07/04/2008
• Lend America Receives Approval For Ginnie Mae Issuer Status
Under goes extensive approval process to position itself to further help borrowers - Significant proof point on quality and strength of business
LendAmerica,Mary McPhall,Melville NY 07/01/2008
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