Mortgage Loan Assumption » Brokers

Mortgage Brokers Fail to Block Federal Reserve Loan Commission Rule

admin — Thu, 07 Apr 2011 00:19:04 +0000

Mortgage Brokers Fail to Block Federal Reserve Loan Commission Rule
Two trade groups representing mortgage brokers lost their attempt to stop a Federal Reserve rule that limits commissions for loan officers in mortgage transactions from taking effect.
Read more on Bloomberg

Mortgage Activity Falls, Purchase Applications Rise
WASHINGTON (TheStreet) — Mortgage applications fell 2% last week as mortgage rates edged slightly higher, though purchase applications rose to the highest level of the year. The volume of mortgage loan applications fell 2% on a seasonally adjusted basis in the week ending April 1, the Mortgage Bankers Association said early Wednesday. …
Read more on TheStreet.com

Latest Mortgage News: Indiana mortgage brokers slow to complete test

admin — Mon, 14 Jun 2010 03:20:14 +0000

Indiana mortgage brokers slow to complete test
INDIANAPOLIS – Indiana officials say less than 60 percent of the state’s mortgage lenders have passed a federally required test to keep their licenses active even as the deadline to do so nears.

Dan4th

Latest Mortgage News: Brokers surveyed on mortgage business prospects

admin — Sat, 03 Apr 2010 03:52:31 +0000

Brokers surveyed on mortgage business prospects
Of this number, 26.7% were very optimistic with 41.0% being fairly optimistic. Only 13.3% – less than 1 in 6 – were pessimistic about their prospects for mortgage business this year.

dklimke