According to Mortgage Bankers Association (MBA) Chairman John Robbins, the report overstates the number of foreclosures.
The Mortgage Bankers Association reported that mortgage applications increased 0.9% in the last week of May.
The Mortgage Bankers Association reports the number of subprime adjustable rate mortgages at 2.9 million.
The Mortgage Bankers Association expects mortgages for new purchases to increase 16% next year.
Defaults are heavily concentrated in seven states, according to the Mortgage Bankers Association.
According to the Mortgage Bankers Association, originations for both housebuying and refinancing cooled in the fourth quarter.
Prime loan delinquencies were 2.57%, up from 2.44% in the third quarter, according to the Mortgage Bankers Association.
And the Mortgage Bankers Association announced that mortgage applications fell by 0.2% in the week ending September 14th.
The Mortgage Bankers Association would have liked struggling homeowners with jumbo loans to be included in the plan.
"We think total job losses upcoming, roughly a million, " said Doug Duncan, chief economist of the Mortgage Bankers Association.
Meanwhile the Mortgage Bankers Association is reporting a drop in weekly mortgage applications.
The Mortgage Bankers Association is reporting a drop in weekly mortgage applications due to a jump in mortgage rates.
In Congressional Quarterly's "Convention Today" you'll find ads from Chevron, BP, the Mortgage Bankers Association and nuclear power company Areva.
Meanwhile, the Mortgage Bankers Association is reporting an increase in weekly mortgage applications in the first week of the year.
At the end of last year, the Mortgage Bankers Association rated Ohio as having the highest foreclosure rates in the country.
The Mortgage Bankers Association said Tuesday that subprime delinquencies rose to 13.3% in the fourth quarter from 12.5% in the third.
Applications for refinancing are 17% below this year's peak in September, according to the latest data from the Mortgage Bankers Association.
Mortgage application volume rose 2.9% during the week ending May 9, according to trade group Mortgage Bankers Association's weekly application survey.
Dodd "really upped the ante at today's hearing, " says Kurt Pfotenhauer, the Mortgage Bankers Association's senior vice president for government affairs.
The Mortgage Bankers Association wants an explicit government guarantee, also financed through fees, on securities backed by a core group of family mortgages.
Before the government released its figure on the health of the economy, the Mortgage Bankers Association gave its bleak report on mortgage applications.
Roughly 10% of mortgages were delinquent in the first quarter, and roughly another 5% were in foreclosure, according to the Mortgage Bankers Association.
The Mortgage Bankers Association is reporting a 6.2 percent increase in weekly mortgage applications last week, as interest rates dropped to new lows.
Mortgage rates have climbed--the average rate for a 30-year fixed mortgage was 6.33% last week, according to the Mortgage Bankers Association of America .
According to the Mortgage Bankers Association, the delinquency rate was 22% in the fourth quarter of 2008, compared with only 5% for prime loans.
On top of that, research from the Mortgage Bankers Association shows that mortgage volume for retail has grown 163% since the beginning of 2011.
Interest rates for 30-year, fixed-rate jumbo mortgages were 3.87% on May 10, significantly lower than 4.63% in April 2012, according to the Mortgage Bankers Association.
The Mortgage Bankers Association and other banking lobbies campaigned vigorously against the proposal, which would have allowed judges to write down the value of mortgages.
Meanwhile, the Mortgage Bankers Association is reporting a 0.2 percent decline in weekly mortgage applications last week, while refinancing activity edged up by 0.8 percent.
For lenders, says Frank Donnelly, president of the Mortgage Bankers Association of Metropolitan Washington, the appeal of jumbo loans is clear: They are more profitable.
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