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From interest rate movements to new disclosures and vendor management challenges, the recent Regional Conference of Mortgage Bankers Associations in Atlantic City touched on myriad hot-button topics the mortgage industry faces this year.
Rates Will Go Down, Not Up
The Federal Reserve Board will not raise rates at its June meeting, and quite possibly not all during this year, predicted industry consultant Barry Habib. "Would the Fed risk strengthening the dollar even more" by raising rates? Habib asked rhetorically.