The National Association of Mortgage Brokers has announced that its president, Harry Dinham, will serve on Fannie Mae's National Housing Advisory Council.The NHAC, consisting of 46 members from the housing, mortgage finance, and government sectors, meets with Fannie Mae's senior management three times a year to help the company "address industry challenges and maximize market opportunities," the association said. Council members serve two-year terms, with approximately half of the membership rotating off at the end of each year. "Serving on the council gives me the opportunity to further advance the cause of both mortgage brokers and homeowners on a national scale," said Mr. Dinham. NAMB can be found on the Web at http://www.namb.org.
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Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
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Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
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NAF Insurance customers save $719 on average, Phil Miller, senior vice president of strategic partnerships at New American said.
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Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
September 12 -
Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
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