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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This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
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The real estate and fintech company completed the purchase of 100% of Mortgage One Group, marking a major step in its push into AI financing.
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The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
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The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
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Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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