Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
The Mortgage Bankers Association (MBA) reported double digit increases in the interest rates of most mortgage products again last week, and refinancing volume fell for the fifth straight week. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.3 percent on a seasonally adjusted basis from one week earlier, dragged lower by refinancing which decreased another 5 percent to its slowest weekly pace since 2019.
Applications for home purchases, however rose another 1 percent although it was still down 6 percent from the same week in 2021. Both conventional and government purchase applications increased.
Given what he said was the faster than expected rate increases and “the likelihood of more aggressive actions from the Federal Reserve to curb infla