The Mortgage Bankers Association (MBA) will update its origination forecast for 2010 at next week's annual convention but isn't giving any hints on whether the forecast will change much.

MBA chief economist Jay Brinkmann told National Mortgage News that he is weighing such key factors as the possibility that the government might extend the first-time homebuyer tax credit and what effect the Federal Reserve's plan to reduce its mortgage purchases will have on the market.

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