Wall Street investment banks and top national mortgage lenders generated a record $967.02 billion of new mortgage-backed securities through private conduit activity in 2006, according to a new ranking and analysis by Inside Mortgage Finance... [Includes one chart and two graphs]
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Federal regulators have recently ramped up their talk of expanding the guidance on nontraditional mortgage products to include hybrid adjustable-rate mortgages, a staple of the subprime market. Another route could be to update existing guidance on subprime lending...
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Mortgage industry forecasters are predicting a modest decline in new originations in 2007 as a strengthening economy presses mortgage interest rates higher. The average forecast among leading industry economists is $2.406 trillion in... [Includes one chart]
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Now that the Democrats and Republicans have their committee and subcommittee lineups set, legislation to reform the nation’s government-sponsored enterprises will be the first major mortgage-related bill to be addressed by the 110th Congress.But the biggest...
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The mortgage banking industry will be pushing this year to resolve unfinished or pending legislative and regulatory business from 2006 as it narrows its lobbying priorities. The Mortgage Bankers Association unveiled its 2007 advocacy agenda this week that...
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After decades of talking the talk about homeownership, the Mortgage Bankers Association is finally set to walk the walk as well. The MBA this week announced that it is buying a new office building in Washington, DC, that will become its headquarters. The trade association...
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