Mortgage Banking

Founded in 1939, Mortgage Banking Magazine is a professional trade magazine published by Mortgage Bankers Association of America. Its headquarters are located in Washington, D.C. The magazine is published monthly and serves the banking, real estate and financial markets. Janet Hewitt is the editor-in-chief.

Articles from Vol. 59, No. 2, November

After the Fall
The blazing-hot CMBS market has had a fall from grace, rather abruptly falling victim to global economic fright. The crash will hasten a long-expected shakeout in the overcrowded issuer ranks, but the stronger players are saying the meltdown helped...
Congressman Ehrlich RESPA Warrior
CONGRESSMAN ROBERT L. EHRLICH JR. (R-Maryland) has played a lead role in trying to win some relief for the industry from the ongoing threat of classaction suits under the Real Estate Settlement Procedures Act (RESPA). The Baltimore native, an attorney,...
Congressman Ehrlich: RESPA Warrior
Congressman Robert L. Ehrlich Jr. (R-Maryland) has played a lead role in trying to win some relief for the industry froth the ongoing threat of class-action suits under the Real Estate Settlement Procedures Act (RESPA). The Baltimore native, an attorney,...
Finishing with a Flurry
Lawmakers crammed a huge amount of legislating into the final hours of the second session of the 105th Congress. The mortgage banking business took away some big victories. MBA's top lobbyist, Mike Ferrell, talks about the highlights. It was a legislative...
Finishing with a Flurry
Lawmakers crammed a huge amount of legislating into the final hours of the second session of the 105th Congress. The mortgage banking business took away some big victories. MBA's top lobbyist, Mike Ferrell, talks about the highlights. IT WAS A LEGISLATIVE...
Going Live
Over the months, we have discussed the various phases of the system lifecycle methodology, explaining how a "brilliant idea" becomes a computer application. Typically, it is at this stage that the computer operations staff enters the lifecycle and...
Industry Leaders Applaud Session
Tom Cronin is an eight-year veteran of the Mortgage Bankers Association of America's (MBA) Legislative Committee. So he's seen a lot of congressional sessions come and go. But this year there was a difference - he was the committee chairman. We asked...
Industry Leaders Applaud Session
TOM CRONIN IS AN EIGHT-YEAR VETeran of the Mortgage Bankers Association of America's (MBA) Legislative Committee. So he's seen a lot of congressional sessions come and go. But this year there was a difference-he was the committee chairman. We asked him...
Industry's Legislative Agenda Demands One Voice
It would be an understatement to say 1998 has been a busy year for our industry. New and existing home sales reached record levels. The national homeownership rate reached an all-time high of 66 percent. Projections for the mortgage industry's combined...
Industry's Legislative Agenda Demands One Voice
IT WOULD BE AN UNDERSTATEMENT TO say 1998 has been a busy year for our industry. New and existing home sales reached record levels. The national homeownership rate reached an all-time high of 66 percent. Projections for the mortgage industry's combined...
Lender Licensing: A Call for Reform
As state licensing shackles the industry with more cumbersome requirements, the need for a uniform approach intensifies. The obstacles lenders must now overcome handcuff expansion plans and delay the start-up of innovative new companies. Eleven...
Meeting the Challenges of Multiple Recording Requirements
What should be the routine, orderly, sure-fire follow-up to a successful real estate closing-filing the documents with county registrars and other appropriate officials-all too often has become a disorderly scramble to meet a crazy-quilt variety of...
New Directions for Mortgage Insurers
A survey of mortgage insurers finds them forging new financial products, subsidiaries and technology links to adapt to a wildly changing mortgage market. Companies providing private Mortgage Insurance (MI) currently are riding a wave of high volume...
Strategic Compliance
Using a compliance risk-assessment model can diminish the risk of liability for a mortgage banker. Such an approach can help lenders and servicers avoid the traps of some of the most challenging regulatory minefields. The financial services industry...
The Challenge of Regulating Cyberbanks
Technology is rapidly transforming the way banking services are provided. Yet regulators are playing catch-up to the concept of virtual banks. Much-needed regulatory guidance is still very sketchy on issues such as Community Reinvestment Act compliance....
The Consolidation Game
Ongoing consolidation among mortgage lenders is being echoed in the title and appraisal industries. The trend toward larger real estate service companies with economies of scale and broad product menus has implications for lenders as well as investors....
To Centralize or Die
If you have been part of an operating unit (like mortgage banking) of a large financial institution, then you know the drill. A consultant comes into the organization, examines the training function, and says, "Your training is all decentralized....