Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'MBA'


Mortgage applications climb 4.3%

Refis up as activity reverses four weeks of declines
April 16, 2014
Mortgage activity is up as of last week, after four weeks of declines.
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Mortgage apps drop for 4th consecutive week

Refis drop again
April 9, 2014
Mortgage applications dropped 1.6% from one week earlier, according to the Mortgage Bankers Association’s survey of mortgages for the week ending April 4, 2014.
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Jumbo mortgages fill in lending gap

MBA: Mortgage credit rises 5 months straight
April 8, 2014
Mortgage credit availability remains on the upward trajectory that it has been on since November 2013 as lenders and investors start to provide borrowers seeking higher loan amounts with a broader range of financing options.
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Mortgage apps decline for third week in a row

Refis drop again but purchases tick up
April 2, 2014
Mortgage applications fell 1.2% from last week, according to data from the Mortgage Bankers Association’s weekly survey of mortgage applications for the week ending March 28.
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Pending home sales down 10.5% from February 2013

Down 0.8% from January as investor sales dry up
March 27, 2014
Pending home sales fell for the eighth straight month, down 0.8% from the downwardly revised January report and down 10.5% from February 2013, according to the index from the National Association of Realtors.
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Investor searches for diamonds in ResCap coal pile

John Paulson bets big on bankrupt mortgage company
March 26, 2014
The doors to bankrupt mortgage company ResCap are getting reopened as famous shortseller John Paulson joins the game and bets big on the company.
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The cost of closing mortgages is officially astronomical

It just doesn't pay to be a mortgage banker, anymore
March 26, 2014
Fourth quarter 2013 production expenses were the highest recorded in any quarter since the Performance Report was created by the MBA. Will the MBA first quarter 2014 report show an even bigger increase? Expect it.
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Mortgage apps drop 3.5%, refis drop 8%

Refis now at lowest share of apps since April 2010
March 26, 2014
Mortgage applications dropped 3.5% from one week earlier, while refinance applications dropped 8%.
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NAR President: "We want GSE reform to take place now"

White House seeks housing influencer opinion
March 21, 2014
Now that Fannie Mae and Freddie Mac reform talk is at the forefront of the table, National Association of Realtors President Steve Brown is ready to get the balling rolling on progress.
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Can technology help safely expand mortgage credit?

Lenders are easing standards, after all
March 20, 2014
As we enter the all-important spring selling season, it appears that lenders are willing to do what’s in their control to gradually expand the credit box and with it the pool of potential home buyers.
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