Bowing to the realities of a market where the lines between prime and subprime lending have become increasingly blurred, the National Home Equity Mortgage Association has agreed to a merger with the Mortgage Bankers Association. Both trade groups are spinning the merger as a win for the industry. “This partnership is in the industry’s best interest and will allow the MBA to have one, strong voice that speaks on behalf of the entire mortgage lending industry,” said MBA Chairman Regina Lowrie...