Items Tagged with 'mortgage activity'

ARTICLES

  • FDIC report confirms banks' mortgage exodus

    Reduced mortgage volumes driving down earnings
    According to the FDIC quarterly banking profile, this marks only the second time in the last 19 quarters that the industry has reported a year-over-year decline in quarterly earnings. To make matters just a little bit worse, both declines have occurred in the last three quarters.
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  • The credit crisis remains real

    Fear of mortgage rejection drives away almost half of potential buyers
    Increasingly tight credit standards and fear of rejection are keeping nearly half of the potential buyers out of the market because they’re afraid they won’t be able to qualify for a mortgage. The game is over before it’s even begun.
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  • NMLS Provides Guidance for Submitting Call Reports

    The National Mortgage Licensing System (NMLS) has provided guidance on the how company users will be able to submit their required Mortgage Call Reports (MCRs).  The NMLS system will provide the ability to either manually enter their MCR data into the system, or upload the data through a XML data file.   The instructions for utilizing the upload feature are detailed on the Mortgage Call Report XML Specification page of the NMLS website.  In addition to providing a detailed instructional MCR XML Specification document, the section includes a sample XML pack to help demonstrate the creation of the XML
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