All Posts Tagged With: "Mortgage Bankers Association"
Responsibility: But Didn’t The Borrower Sign The Mortgage?
It hardly seems unfair. Aren’t borrowers responsible for the loans they take out? It’s not like someone is held at gunpoint and forced to accept the worst loan lenders can concoct.
That’s the thinking of a considerable segment of the population, a segment represented in some of the email I receive as well as in the [...]
Stock Prices At Heart Of Mortgage Crash
A new and revealing study by the Mortgage Bankers Association argues that the introduction of risky loan products during the past few years was caused in large measure by efforts to pump up lender stock prices.
Written by Clifford V. Rossi, a business professor at the University of Maryland, Anatomy of Risk Management Practices in [...]
Mortgages: Foreclosure Rates Continue To Soar
Mortgage delinquencies for the second quarter were at the highest level since it first began keeping records in 1972, according to the Mortgage Bankers Association.
Glum news on the foreclosure front continues. The latest MBA statistics offer the following highlights.
The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate [...]
21Aug2009 | Peter G. Miller | 0 comments | Continued
How To End Lethal Prepayment Penalties
The Internet has been humming with a new mortgage debate in Washington: With apologies to Shakespeare, to have prepayment penalties or to ban them, that is the question of the day.
On August 15th and within five minutes of each other, email arrived from the Mortgage Bankers Association and the National Association of Realtors arguing both [...]
4Oct2008 | Peter G. Miller | 0 comments | Continued
Subprime Crisis: Serious or Not?
In the past few months there have likely been thousands of articles and blog comments regarding the subprime lending “crisis”. But are such worries overblown? Is there less of a crisis than we think or perhaps even no crisis at all?
Speaking at the National Press Club, John Robbins, Chairman of the Mortgage Bankers Association, told [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
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