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Latest Mortgage Bankers Association News

  1. New Ban on Risky Home Mortgage Loans

    Thu, 10 Jan 2013

    their requirements. The boom in re-financed mortgages is expected to continue this year. According to the Mortgage Bankers Association , four out five home loans are now "re-fi's." Most 30-year fixed rate mortgages are close to record

  2. Mortgage Rates Hit Record Low for Second Week

    Thu, 4 Oct 2012

    causing a burst in refinancing applications. The Mortgage Bankers Association announced Wednesday that refinancing applications applications fall apart, according to the Mortgage Bankers Association . Many borrowers do not qualify for new loans

  3. Mortgage Rates Hit New Record Low

    Thu, 27 Sep 2012

    advantage of the rock bottom rates. Fifty percent of all refinancing applications fall apart, according to the Mortgage Bankers Association . Among the main reasons is that borrowers do not qualify for new loans because of credit scores or income

  4. Low interest rates may get few borrowers off sidelines

    Thu, 13 Sep 2012

    substantially increased mortgage re-financings from March to July, according to TrimTabs Investment Research and the Mortgage Bankers Association . Home refinancing has more than quadrupled in recent months at Lending Arizona, a Tucson brokerage, says

  5. Fact Check: Paul Ryan's Jimmy Carter Comments

    Mon, 3 Sep 2012

    delinquent mortgages by the time Jimmy Carter left office; under President Obama, 3 million." According to the Mortgage Bankers Association , in the third quarter of 1980 there were 76,885 delinquent mortgages, while in the second quarter of this

  6. JC Penney Hit By New Credit Downgrade

    Thu, 12 Jul 2012

    California in particular saw a big spike in homes placed on the foreclosure path for the first time. The Mortgage Bankers Association says about 3 million U.S. homes are behind on their mortgages. Sparks could fly at a Senate hearing next

News

  1. Mortgage Rates Keep Going Down - Six Week Streak of Record Lows

    Thu, 7 Jun 2012

    the midst of a slow recovery. Mortgage applications rose by 1.3 percent during the week ended June 1, the Mortgage Bankers Association reported Wednesday, mainly because more people applied to refinance their homes. Applications to buy a home

  2. Obama Claims Credit for Refinancing Surge; Critics Doubt Policies' Role, Impact

    Fri, 11 May 2012

    he said. Neither the administration nor the Mortgage Bankers Association , which tracks the data, could say how many said John Mecham, a spokesman for the Mortgage Bankers Association . "The data [showing an increase in applications

  3. Obama Visits Reno to Claim Progress on Housing

    Fri, 11 May 2012

    October, according to the Mortgage Bankers Association , which tracks the data administration nor the Mortgage Bankers Association could say how many homeowners a spokesman for the Mortgage Bankers Association . "The data [showing

  4. Mortgage Rates Hit New Record Lows

    Thu, 12 Apr 2012

    Districts in its April 11th Beige Book of regional economic conditions." For the week ending April 6, the Mortgage Bankers Association saw a 2.4 percent drop in mortgage applications from the previous week. But, there has been some bright

  5. Tips for Surviving the Housing Market

    Wed, 21 Sep 2011

    certain that your credit score is going to become much worse," said Jay Brinkmann, chief economist for the Mortgage Bankers Association . "Borrowing is going to become much, much more expensive." There is help out there for people running

  6. Mortgage rates reach record lows, sparking refinancings

    Fri, 12 Aug 2011

    applications were up 30% for the week ended Aug. 5, putting them at their highest level of the year, the Mortgage Bankers Association says. That refinancing will free up cash for some homeowners. The low rates are also likely to spur at least

  7. Are You About To Be Priced Out Of Housing Market?

    Wed, 3 Aug 2011

    as traditional mortgages with higher down payment rates, according to says John Mechem, spokesman for the Mortgage Bankers Association . "We don't understand why the debate is even over setting a minimum down payment, because it wasn't

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Videos

  1. Stocks Try to Recover From Triple-Digit Loss

    Wed, 23 Feb 2011

    sales numbers come out later on today. Mortgage applications were actually on the rise last week that the Mortgage Bankers Association put out their latest figures. Saying that you know what there was a you know 13% increase in overall mortgages

    Mortgage Bankers Association found at 5:50

    today. Mortgage applications were actually on the rise last week that the Mortgage Bankers Association put out their latest figures. Saying that you know what there was a you know 13% increase in overall mortgages but that
  2. Economic Recovery: New Retail Sales Numbers

    Wed, 13 Apr 2011

    we know that about home mortgages and where they're standing in the US Now we get a weekly number from the Mortgage Bankers Association that was out earlier today a decline there. When you look at the number of people applying for mortgages but

    Mortgage Bankers Association found at 3:01

    the US -- Now -- we get a weekly number from the Mortgage Bankers Association that was out earlier today a decline there. When you look at the number of people applying for mortgages but to buy
  3. ABC News Update

    Thu, 26 Aug 2010

    from the housing industry today gave economists even more reason to worry about the economic recovery. The Mortgage Bankers Association says about 10% of homeowners. Missed at least one mortgage payment as of June 30. That number was only down

    Mortgage Bankers Association found at 1:02

    gave economists even more reason to worry about the economic recovery. The Mortgage Bankers Association says about 10% of homeowners. Missed at least one mortgage payment as of June 30. That number was only down slightly from
  4. Should You Dump Your Mortgage?

    Thu, 11 Feb 2010

    the decision to default on this property. With tens of millions of dollars in Washington. The owner. The Mortgage Bankers Association . The same group that urges homeowners to quote think long and hard about walking away from their obligation

    Mortgage Bankers Association found at 2:04

    property. With tens of millions of dollars in Washington. The owner. The Mortgage Bankers Association . The same group that urges homeowners to quote think long and hard about walking away from their obligation. That we tried they
  5. Record Mortgage Delinquencies

    Fri, 5 Dec 2008

    nation polluters are falling behind in their mortgage payments and at a record level. A new report from the Mortgage Bankers Association shows that 7% of all homeowners were behind in the mortgage payments during the July to September period

    Mortgage Bankers Association found at 0:09

    mortgage payments and at a record level. A new report from the Mortgage Bankers Association shows that 7% of all homeowners were behind in the mortgage payments during the July to September period. That's a record number
  6. First Quarter Housing Numbers Dismal

    Thu, 5 Jun 2008

    The foundations of the American housing market are cracked new figures from the Mortgage Bankers Association show that more than four point six million people. That's almost 9% of all homeowners. Have fallen behind on their loan payments

    Mortgage Bankers Association found at 0:04

    foundations of the American housing market are cracked new figures from the Mortgage Bankers Association show that more than four point six million people. That's almost 9% of all homeowners. Have fallen behind on their loan payments.
  7. Unemployment Rattles Job Market

    Fri, 5 Sep 2008

    growing again over the. Overall let's talk a little bit more about the housing crisis just this morning the Mortgage Bankers Association reported that a record nine point 2% of homeowners. Or either late or in foreclosure at the end of June that's

    Mortgage Bankers Association found at 3:52

    a little bit more about the housing crisis just this morning the Mortgage Bankers Association reported that a record nine point 2% of homeowners. Or either late or in foreclosure at the end of June that's pretty
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Comments

Photos

  1. PHOTO: Karl Rove, former Deputy Chief of Staff and Senior Advisor to U.S. President George W. Bush, speaks during a panel discussion at the 2008 Mortgage Bankers Association Conference and Expo Oct. ...

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