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Racial disparities significant in mortgage rejections
The Patriot Ledger
Mortgage lenders vehemently defend their decision-making. Michael Fratantoni, chief economist for the Mortgage Bankers Association, says "the vast majority of lenders are interested in making as many high-quality loans as they possibly can and work ...

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Three from Security National Bank earn Iowa Mortgage Association designations
Sioux City Journal
As ongoing recognition programs, the President's Club and Winners Circle distinguish mortgage originators from across the state who meet an exceptional level of loan volume for the year. To qualify for the President's Club, lenders must help customers ...


US mortgage lenders likely posted operating loss in first quarter: MBA
Reuters
NEW YORK (Reuters) - The U.S. mortgage industry likely recorded an operating loss in the first three months of 2018 due to falling loan volumes and growing expenses, the Mortgage Bankers Association's chief economist, Michael Fratantoni, said on Monday ...


National Mortgage News

Tech, reg relief creating a 'nexus of change' in mortgage lending
National Mortgage News
Phillips hosted a session at the Mortgage Bankers Association's National Secondary Conference in New York on Monday. To make businesses more competitive and create more opportunities for workers, the regulatory system needs to be more effective and ...


National Mortgage News

Chase Bank getting bullish on FHA loans, mortgage CEO says
National Mortgage News
FHA lending has "real opportunity to become safer" because current officials are working on addressing liabilities it poses for lenders, Weinbach said, speaking as part of a panel of C-suite lending executives at the Mortgage Bankers Association's ...


National Mortgage Professional Magazine

Featured Industry Leader: Joanne Johansen, President, Connecticut Mortgage Association
National Mortgage Professional Magazine
Joanne Johansen is President and CEO of Platinum Mortgage Solutions in Wallingford, Conn., and President of the Connecticut Mortgage Association (CMA). National Mortgage Professional Magazine recently spoke with her regarding her trade association ...


Sharonherald

Real estate transfers from May 21, 2018
Sharonherald
JPMorgan Chase Bank National Association to Valerie A. Morrison. Property in Mercer; $51,000. Fannie Mae (Federal National Mortgage Association) to Fortune Foreclosures LLC. Property in Farrell; $21,000. Robert R. Miller by his agent under power of ...


Investopedia (blog)

First-Time Buyers Get Tax-Advantaged Savings Accounts in Some States
Investopedia (blog)
In 2017, first-time buyers made up 32% of all home sales, reported CNBC, citing the National Association of Relators. This is under 40%, which had previously been the long-term average. [Check out Investopedia's mortgage calculator to see how much home ...


HousingWire

MBA: Lender profits to hit negative numbers in Q1
HousingWire
During the Mortgage Bankers Association Secondary conference in New York City, MBA Chief Economist Mike Fratantoni discussed falling refinance rates, saying the blanket that helped with seasonality drops is now being lifted. Previously, even during the ...

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MAMA Cross Spotted in Federal National Mortgage Association ...
Fisher Business News
Federal National Mortgage Association (FNMFN) are being closely watched by investors as the firm's Mesa Adaptive Moving Average (MAMA) has moved above ...

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