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Mortgage bankers cast wary eye on housing market

By Patrick   2012 Nov 1, 9:58am   597 views   1 comment   watch (0)   quote      

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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1   Patrick   1852/1852 = 100% civil   2012 Nov 1, 1:09pm  ↑ like   ↓ dislike   quote    

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

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