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.
-
Previously, Kim was a managing director in J.P. Morgan Chase & Co.'s strategic investments group, where she managed a diverse portfolio of fintech investments.
2h ago -
At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
3h ago -
The latest sale consists of close to 1,200 HECMs secured by vacant residential units found in 46 states, according to data provided by the government agency.
3h ago -
What makes the situation alarming is the government attack on the fair lending enforcement infrastructure, said Lisa Rice of the National Fair Housing Alliance.
6h ago -
Built launched Draw Agent Tuesday, which can process thousands of construction loan draws monthly.
8h ago -
Southern states' government-sponsored enterprise share lags outside of a small number of metros, the Center for Mortgage Access' analysis of HMDA data shows.
10h ago





