home-loan-remortgage.com

FHA Commissioner David Stevens wrote to the industry today . He discussed RESPA Reform and provided and update on the implementation of the SAFE ACT. Below are his comments…. The Office of Housing’s latest efforts have a common thread: the continued need to strengthen protections for consumers in the home buying process. We are working [...]

Independent mortgage bankers and subsidiaries had a dramatically better year in 2009 than the one they had endured in 2008. According to the Mortgage Bankers Association (MBA)'s Annual 2009 Mortgage Bankers Production Survey released on Wednesday, profits on the average loan originated last year rose to $1,135 from a dismal $305 in 2008. The increase [...]