Will the housing market still have hope if – even with low mortgage rates – mortgage applications for home loan refinancing remain down? For the second straight week, mortgage applications for home loan refinancing declined. And this time, the numbers reached its lowest level since August. Historically, low mortgage rates equate to a boost in the housing market; now, though, it Read full article »
Tag archives for MBA
MBA Comments On GSE Receivership Framework
The Federal Housing Finance Agency (FHFA) has recently proposed a new conservatorship and receivership operations framework for the government-sponsored enterprises, Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Now, after a weighing in the proposal, the Mortgage Bankers Association (MBA) has raised some concerns. MBA President and CEO John A. Courson and Chairman-Elect Michael D. Berman wrote a letter Read full article »
category: Featured, Residential
MBA Ranks Loan Servicers In Its Mid-Year Report
Mortgage Bankers Association released their mid-year rankings. It lists the top servicers for commercial and multifamily loans and also ranks by secondary market activity. Wells Fargo came on top in commercial and multifamily loans, servicing 40,292 loans totaling to $462.8 billion. PNC Real Estate/Midland Loan Services, Inc., with $307.9 billion serviced loans, placed second. Berkadia Commercial Mortgage LLC and Bank of Read full article »
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