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Mortgage Banking is a magazine specializing in Finance topics.
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Mortgage Banking back issues
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Managing the true costs of REO: servicers need to be aware of the many hidden costs of carrying REO properties. Only then can they calculate a truly smart disposition strategy.(Delinquency/Default Management)
August 1, 2009... Banks, residential mortgage-backed securities (RMBS) investors and mortgage loan servicers must gain a complete picture of their real estate-owned (REO) expenses if they are going to effectively clean up their positions and maximize proceeds in the face of collateral depreciation. $ Mortgage...
eModifications: a technology solution to a business problem.(The eMortgage Evangelist)(Homeowner Affordability and Stability Plan)(Home Affordable Modification Program )
August 1, 2009... Government programs to help distressed borrowers, such as the Homeowner Affordability and Stability Plan (HASP) and Home Affordable Modification Program (HAMP), have established a goal of modifying or refinancing troubled loans rather than letting those homes go into foreclosure. Many feel...
Staying afloat in tough times.(Cover Report: Origination Strategies)(Brief article)
June 1, 2009... Interest rates are sitting at extremely inviting levels in today's housing market. At most any other point in history, rates this low would send homes flying off the market and would jam the phone lines with refi requests. And while refis have been strong, home sales remain depressed. Yet,...
Navigating rough waters.(Portfolio)(Editorial)
June 1, 2009... It takes a steady hand to navigate through trying times like these. It's during such hard times that mortgage company chief executives really earn their pay. And times like the present reveal those rare cases when a CEO makes the right call several years ahead of the pack. Like saying the...
Bankruptcy cramdown bid is shut down in Senate.(Briefing Book)
June 1, 2009... On the same day that mortgage bankers were in town visiting with members of Congress and senators, the Senate voted down an amendment to allow bankruptcy judges to reduce the principal on a mortgage backed by a borrower's primary residence. The issue is known as bankruptcy cramdown. The...