You will see a continued decline in defaults from regulator activity, new laws and from the economy, said Dustin Hobbs, a spokesman for the California Mortgage Bankers Assn. As long as the economy, and especially the housing market, continues to slowly heal itself, you will see fewer and fewer de
Date: Feb 14, 2013
Category: Business
Source: Google
California attorney general seeks more mortgage protections
"California's lending community remains committed to both helping homeowners and protecting affordable access to mortgage credit," said Dustin Hobbs, a spokesman for the California Mortgage Bankers Assn. "It is critical that any new legislation take into account our state's fragile economic conditio
Date: Feb 29, 2012
Category: Business
Source: Google
More mortgage relief from the White House, but Congressional OK doubtful
Dustin Hobbs of the California Mortgage Bankers Association called the plan "a positive sign," but added that "the proposal is a long way from being a reality, so at this point it's tough to say what the end result would be."
"Certainly the higher limit makes access to affordable credit easier for consumers," said Dustin Hobbs of the California Mortgage Bankers Association. "Open that valve a little bit you'll probably see an increase in applications."
Date: Nov 16, 2011
Category: Business
Source: Google
Obama program lets underwater homeowners refinance
"This is still a targeted refinance program," said Dustin Hobbs, spokesman for the California Mortgage Bankers Association. "The changes are not a silver bullet but are helpful. It's one tool that the servicer has to help borrowers, but it's just been made more useful."