Fewer people were late on their mortgage payments during the third quarter of this year, according to the Mortgage Bankers Association. At the same time, there was an increase in the number of loans entering foreclosure.
The decrease in mortgage delinquencies is a sign of an improving economy, says Michael Fratantoni, the association’s vice president of [...]
Posts Tagged ‘mortgage bankers’
Mortgage delinquencies decline
December 18th, 2010 by Financial Writer
Tags: bank, bankers, California, crisis, delinquencies, economic, economics, economy, Florida, foreclosure, foreclosures, increase, lender, loan, loans, mortgage, mortgage bankers, mortgages, president, rate, us
more...What Is The Difference Between A "broker" And Mortgage "banker" Is?
November 18th, 2010 by Financial Writer
It seems that home buyers and brokers are many, “the question of the difference between a mortgage” broker “and mortgage” banker. May be some differences between the two of them, because I’ve been on both sides of the fence. I know the differences between them, but please, to see that it is much more [...]
Tags: au, bank, bankers, banks, ben, benefits, buyers, company, fed, housing, lender, lenders, loan, loans, mortgage, mortgage bankers, mortgage lenders, rate, sales, united states, us, wells fargo
U.S. mortgage demand at six-week highs on refinance wave
February 3rd, 2010 by Financial Writer
Demand for U.S. home loans rose to a six-week high on a mini refinance wave, with borrowers pushing to lock in rates before they climb later this year, the Mortgage Bankers Association said on Wednesday,
Applications to buy homes and refinance loans jumped last week to mid-December levels as average 30-year mortgage rates held near 5 [...]
Tags: borrowers, great depression, mortgage bankers, mortgage rates, refinance loans, us home loans, us mortgage