Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 25, 2017
Independent Mortgage Bank Production Profits Improved in 2nd Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,122 on each loan they originated in the second quarter of 2017, up from a reported gain of $224 per loan in the first quarter of 2017, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report
Delinquencies and Foreclosures Continue to Decline in Q2 2017
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.24 percent of all loans outstanding at the end of the second quarter of 2017. The delinquency rate was down 47 basis points from the previous quarter, and was 42 basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2017.
Mortgage Applications Slightly Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 11, 2017.
July New Home Purchase Mortgage Applications Increased 5.1 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for July 2017 shows mortgage applications for new home purchases increased 5.1 percent compared to July 2016. Compared to June 2017, applications decreased by 12 percent. This change does not include any adjustment for typical seasonal patterns.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 4, 2017
MBA Statement on Introduction of SAFE Transitional License Act
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), released the following statement on the bipartisan introduction of the SAFE Transitional License Act in the U.S. Senate. The bill (S. 1753) was introduced and originally co-sponsored last week by Senators Dean Heller (R-NV) and Bob Menendez (D-NJ). Substantially similar bipartisan legislation (H.R. 2948) was introduced in the U.S. House of Representatives in late June, and originally cosponsored at that time by Reps. Steve Stivers (R-OH), Bruce Poliquin (R-ME), Joyce Beatty (D-OH), and Kyrsten Sinema (D-AZ), respectively.
Mortgage Credit Availability Increases Slightly in July
Mortgage credit availability increased slightly in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 28, 2017.
MBA Announces Personnel Changes in Residential Policy Department
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), announced the promotion of two current staffers, and the planned departure of Ken Markison, MBA Vice President and Regulatory Counsel. The promotions became effective July 16, 2017
Commercial/Multifamily Borrowing Up 20 Percent Year-over-Year
According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2017 commercial and multifamily mortgage loan originations were 20 percent higher than during the same period last year and 28 percent higher than the first quarter of 2017.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 21, 2017.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 14, 2017. Last week's results included an adjustment for the Fourth of July holiday.
June New Home Purchase Mortgage Applications Increased 10 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2017 shows mortgage applications for new home purchases increased 10 percent compared to June 2016. Compared to May 2017, applications decreased by 4 percent. This change does not include any adjustment for typical seasonal patterns
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 7, 2017. This week's results include an adjustment for the Fourth of July holiday.
MBA Statement Regarding Updated Know Before You Owe Rule
David H. Stevens, President & CEO Mortgage Bankers Association (MBA), released the following statement regarding the Consumer Financial Protection Bureau (CFPB) finalized updates to its "Know Before You Owe" mortgage disclosure rule
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 30, 2017.
MBA President and CEO David Stevens Testifies on Housing Finance Reform
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), testified today before the U.S. Senate Committee on Banking, Housing, and Urban Affairs at a hearing entitled, "Principles of Housing Finance Reform." His full written testimony is available here. Below is Stevens' oral testimony, as prepared for delivery
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 23, 2017.