AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Resets Keep Refi Volume High.
WASHINGTON -- With long-term interest rates continuing to slip, it's no surprise that refinancing volume is once again on the upswing. Earlier this year, evidence of elevated refinancing continued to crop up in the Mortgage Bankers Association's weekly loan application survey even as rates edged up. And in December, the MBA's refinancing index reached its highest level since October 2005. And the refinancing share of new loans, at 52.6%, was at its highest level since April 2004 in mid-December.
But it's not just a simple case of swapping to a lower rate loan in many cases. For many homeowners, those ARM loans they chose for a teaser rate are less attractive as they reset to a fully indexed monthly bill. The MBA estimates that between $1.1 trillion and $1.5 trillion of ARM loans are scheduled to reset this year. ...
- Lender Suggests More Disclosures.(Mortgage Bankers Association's John...
- Magazine article from: Mortgage Servicing News June 1, 2006 700+ words
...medication recently. And now the next president of the Mortgage Bankers Association is forming a special task force to look into the benefits...deliver the document to borrowers. (c) 2006 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- CampusMBA Launches New Web-Based Instruction.(Mortgage Bankers...
- Magazine article from: Mortgage Servicing News October 1, 2005 700+ words
...Washington -- CampusMBA, the educational arm of the Mortgage Bankers Association, has unveiled a series of online courses that come with...written exam also are being offered. (c) 2005 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- School of Servicing Set For August.(educational aspects of mortgage bankers...
- Magazine article from: Mortgage Servicing News July 1, 2007 700+ words
...Washington -- CampusMBA, the educational wing of the Mortgage Bankers Association, has scheduled a new classroom-based course for single...025, respectively, after June 30. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- New Servicing Major Popular with CampusMBA Students.(Mortgage Bankers...
- Magazine article from: Mortgage Servicing News Cornwell, Ted October 1, 2005 700+ words
...servicing certification program last February, the Mortgage Bankers Association has seen increasing enrollment in the program and expects...becoming more important to the industry. (c) 2005 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- MBA Survey Says Tech Spending Is Still Rising.(Mortgage Bankers Association)
- Magazine article from: Mortgage Servicing News August 1, 2005 700+ words
Washington -- The Mortgage Bankers Association here released highlights from it 2005 Technology Study...keep widening the participants." (c) 2005 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- Nonprime Lending Trade Group Merges with MBA.(Mortgage Bankers Association...
- Magazine article from: Mortgage Servicing News Sichelman, Lew October 1, 2006 700+ words
...overlap in their memberships, the boards of the Mortgage Bankers Association and the National Home Equity Mortgage Association have...Kile said in a letter to his members. (c) 2006 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- CMBA Western States Loan Servicing Conference.(California Mortgage Bankers...
- Magazine article from: Mortgage Servicing News September 1, 2006 700+ words
...National Field Representatives at the California Mortgage Bankers Association's loan servicing conference in Las Vegas. The company...owned by Fidelity National Financial. (c) 2006 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...
- MBA: Suitability Rule Would Set Industry Back Decades.(Mortgage Bankers...
- Magazine article from: Mortgage Servicing News Sichelman, Lew March 1, 2007 700+ words
...25 years," according to the chairman of the Mortgage Bankers Association, which is advancing the idea of a "simple, plain English...opposed" to a suitability standard. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http...