By a significant margin, responses to our recent survey question about the merger between the Mortgage Bankers Association and the National Home Equity Mortgage Association said the merger will be good for the industry.The final tally was 140 saying the merger will be good, and 89 saying it won't. (The nay votes ballooned to more than 600 on Oct. 22, when 537 nays from a single computer were recorded in a matter of five minutes, according to NMN's webmaster. All but one of those nay votes were subtracted from the final tally.) Check out the latest survey question in the left column of the NMN home page.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









