Mortgage Bankers Relay 'Profound Concern' Message to the Fed

MBA, real estate agents and home builders send a plea for a message that rate increases and securities sales are suspended.

By Jim DuPlessis | October 10, 2023 at 02:00 PM

Marriner S. Eccles Federal Reserve Board Building is situated in Washington D.C., USA

Trade groups representing mortgage bankers, real estate agents and home builders are asking the Fed to send a signal that they've topped out on rate hikes and won't continue their sell off of mortgage-backed securities until rates return to normal.

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1 Another Credit Union in the Hot Seat With Members of Congress

2 Professionals Step Into New Roles at Metro CU, Navigant CU & Corporate One

3 Sentence Handed Down in Bayer Heritage FCU Theft

4 Loan Portfolios Shrink for Third Month in a Row

5 North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

Jovia Financial Launches Commercial Lending CUSO

Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

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