The National Association of Mortgage Brokers has announced that it will begin holding regional industry conferences next year.The NAMB said the regional conferences would better serve its membership of 27,000. "Our members attend these meetings to take advantage of educational opportunities, network with their peers, and discuss the many policy issues facing our industry," said NAMB president Jim Nabors. "We need to make these meetings more accessible to members. This new regional approach will accomplish this goal." Mr. Nabors said the NAMB will co-sponsor a regional sales and marketing meeting in California in February, and plans are under way for meetings in the other regions. A larger meeting for the western region of the country, called NAMB West, will take place in Las Vegas in October 2006. The association can be found online at http://www.namb.org.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
April 18 -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18