Mortgage bankers cast wary eye on housing market

By Patrick   Follow   Thu, 1 Nov 2012, 4:58pm   393 views   1 comment
In Menlo Park CA 94025   Watch (0)   Share   Quote   Permalink   Like   Dislike,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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  1. Patrick

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    1   8:09pm Thu 1 Nov 2012   Share   Quote   Permalink   Like   Dislike  

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

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