Mortgage Banking News     Click to continue . . .

  •   Capmark® Partners with CampusMBA to Certify
U.S. Commercial Servicing Staff in the United States, Ireland and India
Mortgage Bankers Association of America,Aleis Stokes,Washington District of Columbia  08/27/2008

  •   RealEC Technologies Selected by Flagstar Bank to Provide Automated Appraisal Management Solutions
RealEC Technologies Inc., the mortgage industry's leading provider of collaborative network solutions, today announced it has entered into an agreement with Flagstar Bank for RealEC's suite of appraisal management solutions, which provides greater automation in Flagstar's wholesale and retail channels of origination.
RealEC Technologies,Information,SANTA ANA ca  08/26/2008

  •   MBA Releases White Paper Outlining Fundamental Data Management Concepts for the Real Estate Finance Industry
The Mortgage Bankers Association's (MBA) Residential Technology Steering Committee (RESTECH) today released a white paper that details the key fundamental concepts of industry data management, one of the most important components in the mortgage banking process. The goal of the paper is to provide an overview of fundamental strategies for assessing and improving overall data management practices while also providing measurement benchmarks and references.
Mortgage Bankers Association of America,Aleis Stokes,Washington District of Columbia  08/26/2008

  •   MBA Names Brinkmann Chief Economist
The Mortgage Bankers Association today announced that Jay Brinkmann has been named the organization's Chief Economist and Senior Vice President for Research and Economics. Brinkmann has been with the MBA since 2001 and has served as the organization's Vice President of Research for most of that period.
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  08/26/2008

  •   SearchMyLoan.com Announces Partnership with CMG Mortgage
SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced a strategic alliance with San Ramon, Calif.-based CMG Mortgage, a national lending firm providing both mortgage banking and mortgage brokerage services.
SearchMyLoan.com,Info,PORT WASHINGTON NY  08/25/2008

  •   Intellidyn Expands Award Winning Lead Incubation Solution, with Cost-per-Funded-Loan Below $100
Lenders use automated, situation-generated and personalized emails to build relationships and convert previously overlooked or cold prospects into funded loans
Intellidyn.com,Gene Devine,Boston MA  08/25/2008

Interest Rate Markets News     Click to continue . . .

  •   Mortgage Applications Increase Slightly In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 22, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 421.6, an increase of 0.5 percent on a seasonally adjusted basis from 419.3 one week earlier. On an unadjusted basis, the Index decreased 0.9 percent compared with the previous week and was down 31.2 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  08/27/2008

  •   Mortgage Applications Decrease Slightly In Latest MBA Weekly Survey

Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  08/26/2008

  •   MBA Releases White Paper Outlining Fundamental Data Management Concepts for the Real Estate Finance Industry
The Mortgage Bankers Association's (MBA) Residential Technology Steering Committee (RESTECH) today released a white paper that details the key fundamental concepts of industry data management, one of the most important components in the mortgage banking process. The goal of the paper is to provide an overview of fundamental strategies for assessing and improving overall data management practices while also providing measurement benchmarks and references.
Mortgage Bankers Association of America,Aleis Stokes,Washington District of Columbia  08/26/2008

  •   Mortgage Credit News - August 22, 2008
Mortgage rates bottomed again at 6.50%, as they have since May, maintaining a consistently wide spread to the 10-year T-note, likewise bottomed at 3.80%. It will take a substantial negative economic event or news to break below these rates.
Boulder Mortgage Bank,Lou Barnes,Boulder Colorado  08/25/2008

  •   Mortgage Applications Decrease Slightly In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 8, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 425.9, a decrease of 1.5 percent on a seasonally adjusted basis from 432.6 one week earlier. On an unadjusted basis, the Index decreased 2.2 percent compared with the previous week and was down 36.9 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  08/18/2008

  •   Mortgage Credit News - August 15, 2008
Mortgage rates are falling, almost 6.50% with the lowest fees. All other interest rates are headed down as well, on glide path parallel to the global economy: the 10-year T-note to 3.83% (traded 4.10% only a week ago), and the 2-year down to 2.37% acknowledges zero probability of a Fed rate hike from its current 2% overnight rate.
Boulder Mortgage Bank,Lou Barnes,Boulder Colorado  08/18/2008