FHA Premium Cut Not What M.I. Firms Hoped For
The reduction in premiums on loans insured by the Federal Housing Administration was not what private mortgage insurers had hoped for -- as evidenced by their share prices.
Over 70 Mortgage Events in Q1
During the first three months of this year, more than 70 mortgage-related conferences and other events are scheduled. Appraisals, commercial real estate and litigation are among the topics being covered.
Nearly 50 Mortgage Events in Q4
Nearly 50 mortgage-related conferences and other meetings are scheduled for the final quarter of this year -- including the industry's main shin dig.
Record Attendance at Mortgage Broker Conference
Attendance at the recent mortgage broker conference was better than it has ever been, prompting an optimistic outlook for the industry.
Congressman Calls for Crucial HECM Program Changes
A U.S. congressman surprised the reverse mortgage industry when he expressed support for making crucial changes to the home-equity conversion mortgage program.
Residential Rental Investors Form Trade Group
Several firms that have purchased billions of dollars in non-owner occupied homes have banded together to form a trade group in the nation's capitol.
Mortgage Insurers Launch New Trade Group
Not long after shuttering its 40-year-old trade group, the mortgage insurance industry has launched a new association. The formation comes as new business in the sector is diminishing.
Wholesaler Recognized for Support of Mortgage Brokers
A wholesale lender has been recognized for its support of mortgage brokers. High quality customer service was cited among its strengths.
Bill Would Delay Higher Flood Insurance Premiums
Bipartisan legislation has been introduced in the Senate and the House to delay increases in premiums for the federal flood insurance program.
MBA Chief Troubled by Regulatory Environment
The current regulatory environment threatens to lock out low-income borrowers from the housing market and endanger the economic recovery, according to the head of the Mortgage Bankers Association.