Mortgage Bankers Association

Foreclosure In America Is A 'Tale Of Two' Trends

AP | ALEX VEIGA | Posted 05.17.2012

Read More: Mortgage Bankers Association, Foreclosure Crisis, New Foreclosures, Video, Housing Boom, Homes, Lenders, Mortgage Crisis, Foreclosure, Realtytrac, Business News

LOS ANGELES -- National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered...

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Mortgage Giants Accused Of Spending 'Questionable' Amount On Conference

Reuters | Posted 05.21.2012

Read More: Mortgage Bankers Association, Video, Freddie Mac, Mortgage, Reuters, Mortgage Crisis, Federal Housing Finance Agency, Fannie Mae, Fhfa, Financial Regulation, Business News

WASHINGTON, March 22 (Reuters) - A federal watchdog faulted Fannie Mae and Freddie Mac, the mortgage finance companies propped up with taxpayer fund...

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10 States With Biggest Foreclosure Problems

The Huffington Post | Harry Bradford | Posted 03.01.2012

Read More: Mortgage Bankers Association, Mortgages, Mortgage Delinquency Survey, Foreclosure Crisis, Calculatedrisk, Loans, Mortgage Crisis, Foreclosure, Florida, Nevada, Delinquency Rate, Case-Shiller Home Price Index, Business News

The national foreclosure crisis might be headed in the right direction, but it's still got a ways to go. The percentage of loans in foreclosure fe...

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Mortgage Applications Surge Fueled By Refinancing Demand

Reuters | Posted 04.09.2012

Read More: Mortgage Bankers Association, Mortgages, Video, Mortgage Applications, Reuters, Mortgage Crisis, Business News, Refinancing, Mortgage Refinancing, Business News

NEW YORK, Feb 8 (Reuters) - Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell...

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Mortgage Applications Surge

Posted 01.09.2012

Read More: Mortgage Bankers Association, Video, Mortgage Applications, Housing Market 2011, Mortgage Applications 2011, Housing Market November 2011, Mortgage Applications November, Business News

Applications for U.S. home mortgages surged last week, driven by increased refinancing demand as interest rates dropped, an industry group said on...

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Despite Cheap Rates, Home Mortgage Application Fall To 15-Year Low

AP | DEREK KRAVITZ | Posted 10.24.2011

Read More: Interest Rates, Mortgage Bankers Association, Foreclosure Crisis, Mortgage Applications, Recession Housing, Mortgage Crisis, Mortgage Application, Business News

WASHINGTON — Mortgage applications to purchase a home fell last week to a 15-year low, despite the lowest mortgage rates in decades. Many poten...

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Seniors Face Foreclosure After Making Mortgage Payment Too Early

The Huffington Post | Harry Bradford | Posted 10.22.2011

Read More: Bloomberg, Mortgage Bankers Association, Brian Moynihan, Video, Hamp, Foreclosure Crisis, St. Petersburg Times, Mortgage Modifications, Home Affordable Modification Program, Bank of America, Mortgage Crisis, Obama Administration, Business News

A senior couple in Pasco County, Florida is facing the prospect of foreclosure. But the reason doesn't have to do with missed mortgage payments. This ...

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Rising Number Of Americans Face Risk Of Foreclosure

AP | DEREK KRAVITZ | Posted 10.22.2011

Read More: US Economy, Mortgage Bankers Association, Homeowners, Foreclosure Crisis, Mortgage Crisis. Recession Foreclosure, Foreclosure Fraud, Residential Mortgages, Delinquent Borrowers, Business News

WASHINGTON — The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy's continued struggles. The Mortgage Bankers ...

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U.S. Mortgages: 30-Year Rates Nearing November's Record Low

AP | Derek Kravitz | Posted 10.11.2011

Read More: US Economy, Mortgage Bankers Association, Housing Market, Freddie Mac, Home Prices, Mortgage Rates, Fannie Mae, Record Mortgage, Business News

WASHINGTON (AP) -- Fixed mortgage rates fell to at or near record lows. That's good news for the few who can afford to buy a home or are able to refin...

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Applications For Home Mortgages Slip After Sharp Jump

Posted 09.26.2011

Read More: Mortgage Bankers Association, Mortgage Application, Housing Market, Home Mortgage, US Home Mortgages. Interest Rates, Refinancing Applications, Mba, Business News

Applications for U.S. home mortgages slipped last week after a sharp jump the week before and as interest rates edged up, an industry group said o...

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Applications For Mortgages Surge On Refinancing Demand

Posted 09.19.2011

Read More: Interest Rates, Mortgage Bankers Association, Mortgages, Foreclosure Crisis, Mortgage Applications, Great Recession, Mortgage Crisis, Mortgage Rates, Economic Recovery, Europe, Mba, Business News

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rate...

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Number Of Home Mortgage Applications Falls

Posted 08.29.2011

Read More: 2008 Financial Crisis, Mortgages, Mortgage Bankers Association, Housing Market, National Association of Home Builders, Fixed-Rate-Mortgages, Subprime Mortgages, Video, Business News

NEW YORK (Leah Schnurr) - Applications for home mortgages slipped last week as demand waned, even as mortgage rates dropped, an industry group sai...

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Many More People Suddenly Applying For Mortgages

Posted 08.15.2011

Read More: Interest Rates, Mortgage Bankers Association, Housing Prices, Applications Mortgages, Home Mortgage, Refinancing, Housing Crisis, Double Dip, Mba, Business News

Applications for home mortgages saw their biggest jump in three months last week, fueled by demand for refinancing as interest rates continued to ...

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The Department of Justice: Indicting Immigrants, Ignoring Wall Street Crooks

Richard (RJ) Eskow | Posted 05.28.2011

Read More: Mortgage Bankers Association, Trac, Department of Justice, Bank Fraud, Mers, Justice Department, Barack Obama, Eric Holder, Foreclosure Fraud, JPMorgan Chase, Politics News

From the federal government we've now seen two thousand prosecutions of people who ripped off banks, and no prosecutions for banks who ripped off people. The moral seems to be "don't mug a racketeer."

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Adjustable Rate Mortgages Are Making A Slow Comeback

CNN Money | Les Christie, Staff Writer | Posted 05.25.2011

Read More: Foreclosures, Mortgages, Housing Boom, Teaser Rates, Adjustable Rate Mortgages, Mortgage Banker's Association, Buying a Home, Arms, Business News

Adjustable rate mortgages are back! After accounting for nearly 70% of all mortgages issued during the boom, ARMs vanished during the bust, totalin...

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Liberal Think Tank Parrots Bank Lobby

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Housing Market, No Way to Live, Lobbying, Financial Reform, Fannie Mae, Obama, Dylan Ratigan, Affordable Housing, Mortgage Crisis, Gses, Center for American Progress, Mortgage Bankers Association, Mortgages, Wall Street Reform, Freddie Mac, Tbtf, Wall Street, Bank Lobby, Joshua Rosner, Banks, Treasury, Mba, Too Big to Fail, Mortgage Finance, Mortgage Interest Deduction, Cap, Business News

The following is produced in partnership with The Dylan Ratigan Show's weeklong "No Way To Live" series on the financial crisis and its impact on ordi...

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New Year's Slideshow: Choose the Year's Most Absurd Comment From a "Financial Wizard"

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Lloyd Blankfein, Mortgage Bankers Association, Robert Rubin, Slidepollajax, Financial Crisis, Peter Orszag, Jamie Dimon, Business News

"I know it's become part of the narrative that people knew what was going to happen at any minute. We never knew what was happening at any minute." That's Goldman CEO Lloyd Blankfein. Now he tells us.

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Home Loan Demand Drops To Lowest Level In A Year

Posted 05.25.2011

Read More: Mortgage Bankers Association, Home Loan Demand, Mortgage Applications, Real Estate, Mba, Home Loans, Business News

NEW YORK (Reuters) - Mortgage applications tumbled to their lowest level in nearly a year as a six-week-long rise in interest rates took a significant...

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Mortgage Banker's Forecast: More Regulation Will Cost Consumers and Taxpayers

Jerry Chautin | Posted 05.25.2011

Read More: D. C., Financing, District of Columbia, Washington, Bureau of Labor Statistics, RS Means, Obama, Obama Administration, Real Estate, Credit Crunch, Loan Fees, Great Recession, Consumer Protection Agency, Mortgage-Backed Securities, Business News, Marshall Swift, Landlords, Financial Institutions, Cmbs, Unemployment Rate, Triple a Rating, Job Creation, Standard and Poor?S, Credit Rating Agencies, Congress, Dodd-Frank, Barack Obama, Obama Stimulus, Mortgage Bankers Association, New Legislation, Wall Street Crisis, Federal Housing Finance Agency, Borrowing Money, Derivatives, Investor, Credit, Hometech, Business News

Washington, D. C. is hot, but the rest of the nation is not when comparing our unemployment rates to the nation's capitol. "The largest over-the-month...

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Getting Medieval On Your Assets: Four Reasons Foreclosure Fraud Really, Really Matters

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Mortgage Bankers Association, Mers, Fifth Amendment, Foreclosure Fraud, Financial Services Roundtable, Magna Carta, Business News

Despite overwhelming evidence of widespread lawbreaking, there's still a popular point of view that says fraudulent foreclosures are "a technicality" and what we're seeing is neither a systemic problem nor a crime wave of epidemic proportions. Actually, it's both.

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Pictures of MERS, Part 1: Corporate Documents Illustrate the Mortgage Shell Game

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Curbing Wall Street, Mortgage Bankers Association, JPMorgan Chase, Merscorp, Mers, MERS Inc, Mortgage Crisis, Foreclosure Fraud, Business News

At the center of the foreclosure fraud crisis lies something called "MERS," which is usually described in news reports as a computer system and database. But if you do some digging, you find it's much more than that.

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Real Estate and Business Concerns Are Front and Center at the MBA

Jerry Chautin | Posted 05.25.2011

Near term, economists tell us that less homebuyers and more apartment renters are in our future. Yet, the Mortgage Bankers Association reports that ...

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Foreclosures and Guilt: The "Home Loan Moral Hazard Scorecard"

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Foreclosures, JPMorgan Chase, Mortgage Bankers Association, Bank of America, Brian Moynihan, John Courson, Hamp, Hypocrisy, Moral Hazard, Jamie Dimon, Bank Fraud Hypocrisy, People Who Speak for the Financial Industry and Lose $30 Million on One Real Estate Deal, Foreclosure Fraud, Business News

The mega-bankers who derailed the economy have a new PR campaign to sell you. They're saying that families who can't pay their mortgages must bear the blame -- all the blame -- for the foreclosure crisis.

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After Foreclosure, Lenders Go After Borrowers To Recoup Extra Payments

washingtonpost.com | Dina ElBoghdady | Posted 05.25.2011

Read More: Mortgage Crisis, Mortgages, Mortgage Bankers Association, Foreclosure, Business News

Over the past year, lenders have become much more aggressive in trying to recoup money lost in foreclosures and other distressed sales, creating more ...

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Mortgage Delinquencies Decline In 4Q

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Mortgage Crisis, Subprime Mortgage Crisis, Housing Crisis, Mortgage Bankers Association, Obama Mortgage Plan, Economy, Economic Recovery, Business News

WASHINGTON — The end of the foreclosure crisis is finally in sight. For the first time in almost three years, the number of homeowners falling b...

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