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Home – Washington Mortgage Bankers Association – School of Mortgage Banking News. Dear colleagues, We’re proud to bring the School of Mortgage Banking I (SOMB I) back to Seattle this summer at 2 Union Square this coming August 6 th-9 th.. This is an excellent opportunity to invest in and learn more about our industry so please help promote and encourage attendance.
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Bankers Stunned as Negative Rates Sweep Across Danish Mortgages – At the biggest mortgage bank in the world’s largest covered-bond market, a banker took a few steps away from his desk. of the Nykredit group that dominates Denmark’s $450 billion home-loan industry.
Weekly mortgage applications drop 4.3%, despite lower interest rates – according to the Mortgage Bankers Association. While applications to refinance a home loan were 5% percent lower for the week, they were still 11% higher than a year ago, because interest rates were.
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U.S. Mortgage Banker Profits and Production Volume Down in 2018 – existing-home sales in the U.S. retreated in March 2019, following February’s surge of sales. Each of the four major U.S. regions saw a drop-off in sales, with the Midwest enduring the largest decline.
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