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Mortgage bankers cast wary eye on housing market


By Patrick   Follow   Thu, 1 Nov 2012, 9:58am PDT   433 views   1 comment
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http://www.chicagotribune.com/classified/realestate/ct-mre-1104-podmolik-homefront-20121101,0,5678543.column

When more than 3,500 people gathered in Chicago recently for the Mortgage Bankers Association's annual convention, the most since 2007, there were a lot of acronyms thrown around and a lot of concern expressed about the direction of residential lending. Amid all the industry-speak emerged a few key takeaways for consumers: Mortgage originations will rise in 2013. But refinancing activity will fall off during the year's second half.

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Patrick   Thu, 1 Nov 2012, 1:09pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 1

There are probably a lot of interesting conversations at that convention.

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