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Shift from refinancings to home mortgages is increasing in Augusta

...lenders a year to write loans worth that much, and refis were less than half the total, according to the Mortgage Bankers Association trade group.After six months of lower interest rates this year, the average rate for a 30-year conventional...

http://chronicle.augusta.com/news/business/2015-07-31/shift-refinancings-home-mo
Going rogue

...types of businesses.And it's confusing everyone, according to David Stevens, president and CEO of the Mortgage Bankers Association, by "issuing dense and complicated rules and then declining to provide written supervisory guidance to clarify...

http://chronicle.augusta.com/opinion/editorials/2015-07-04/going-rogue
Why homebuyers face a tough spring

...adjustable-rate mortgages, which accounted for 16 percent of all home purchase loans so far this year, according to the Mortgage Bankers Association. Popular before the housing bust, ARMs have interest rates that are initially lower than a traditional 30-year...

http://chronicle.augusta.com/news/business/2015-05-11/why-homebuyers-face-tough-
Biz Bits

...Estate. JAMES GAYAward/honor: Named one of the Top 10 producing loan officers in Georgia for 2015 by the Mortgage Bankers Association of Georgia. PATTI CORNETTEAward/honor: Named resale and listing agent of the month for February from Prudential...

http://chronicle.augusta.com/news/business/2015-03-20/biz-bits
US home sales plunge 4.9 percent in January

...would-be buyers to wait until they have more choices. Weekly mortgage applications fell 13.2 percent, the Mortgage Bankers Association reported last Wednesday.Affordability has become a problem as prices have climbed at a faster clip than incomes...

http://chronicle.augusta.com/news/business/2015-02-23/us-home-sales-plunge-49-pe
New US home sales jump 11.6 percent in December

...rates to refinance their mortgages. Purchases are up 3 percent over the past 12 months, according to the Mortgage Bankers Association.At the same time, the growth in prices for existing homes has been steadily slowing, putting more properties...

http://chronicle.augusta.com/news/business/2015-01-27/new-us-home-sales-jump-116
Home sales driving Augusta's mortgage market

...which is the largest weekly gain since November 2008, according to statistics released Wednesday by the Mortgage Bankers Association.During that time, the volume of refinance applications jumped 66 percent, while purchase applications rose...

http://chronicle.augusta.com/news/business/local-business/2015-01-16/home-sales-
John Allen

...Officer. Royce was a member of the National Mortgage Bankers Association and a member and past president of the Augusta Mortgage Bankers Association. He was also a member of the Metro Augusta...

http://www.legacy.com/Link.asp?I=LS000173303903
John Armstrong Pope

...President's Club of Georgia Railroad Bank & Trust Company as well as acting in various capacities with the National Mortgage Bankers Association, Chamber of Commerce of Greater Augusta, Junior Achievement, American Cancer Society, American Heart Association...

http://www.legacy.com/Link.asp?I=LS000173933337
Banks see a rebound in usage of branches

...the Joint Chiefs of Staff, will speak at TechNet #Augusta in two weeks. MAKING MONEY ON MORTGAGES: The Mortgage Bankers Association reported that independent mortgage banks and/or mortgage subsidiaries saw a net gain of $954 on each loan...

http://chronicle.augusta.com/content/blog-post/tim-rausch/2014-08-29/banks-see-r