Archives

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

National
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
MBA

MBA Opens Doors Foundation Kicks Off 2021 Fundraising Season with More Than $2.7 Million...

National
The MBA Opens Doors Foundation (Opens Doors) today announced it received $2.71 million in corporate and individual donations during its two-day FY 2021 fundraising campaign
Refinance Your Mortgage

3 Reasons Why You May Want to Refinance Your Mortgage

National
Purchasing a home is a major financial transaction, and usually involves the potential homeowner becoming a borrower as well. Most homeowners secure mortgages that last for 30 years
Refinancing and Remortgagin

Exploring the 2020 Craze of Refinancing and Remortgaging

National
Across the United States, not only are financial institutions noting the fluctuating state of mortgages, but homeowners are also looking to take advantage of the situation.
MBA

Share of Mortgage Loans in Forbearance Declines to 7.16%

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 4 basis points from 7.20% of servicers' portfolio volume in the prior week to 7.16%
MBA

Mortgage Credit Availability Decreased in August

National
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool

Three Government Loan Programs for First time Home Buyers

National
A growing concern among millennials who want to purchase a home is that they cannot afford it. In fact, according to a recent poll by The Urban Institute, 53% of millennials say they cannot afford to buy a home because of the high down payment required. In the same poll it also states that 33% of millennials don’t purchase a home because they believe that they can’t qualify for a mortgage.

Benefits Of Hiring A Bellevue Mortgage Company When Buying A New Home

National
Searching for a home is a great experience. Some things can be compared to the process of searching for your new primary residence. At the same time, the search for a new home can be a bit daunting. The way toward finding a home and applying for a home loan advance is unpredictable and requires a ton of time and mental effort. To find the right home, you must first locate it, and then you must inspect it properly, move it further.
MBA

IMB Production Profits Soar in Second Quarter of 2020

National
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $4,548 on each loan they originated in the second quarter of 2020, up from a reported gain of $1,600 per loan in the first quarter of 2020
MBA

Share of Mortgage Loans in Forbearance Remains Flat at 7.20%

National
The Mortgage Bankers Association's (MBA) latest  Forbearance and Call Volume Survey  revealed that the total number of loans now in forbearance remained unchanged relative to the prior week at 7.20%
MBA

MBA Statement on FHFA Extending Pandemic-Related Programs

National
MBA's President and CEO Bob Broeksmit, CMB, issued the following statement on the announcement by the Federal Housing Finance Agency (FHFA) extending, through September 30, 2020, Fannie Mae and Freddie Mac's loan origination flexibilities
MBA

Share of Mortgage Loans in Forbearance Declines Slightly to 7.20%

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 7.21% of servicers' portfolio volume in the prior week to 7.20%
MBA

Existing-home sales continued on a strong, upward trajectory in July, marking two consecutive months...

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 7.21%
Personal Liability Insurance

Do I Need Personal Liability Insurance for My Property?

National
When you own a property, you have a lot of responsibilities which you must deal with. You have to maintain and look after that property, as well as ensure that it is safe. You’ll want to ensure that you have secured your home for the whole family

How Credit Score Affects Your Home Loan

National
Your credit score is crucial when you are applying for a home loan. Lenders, upon knowing what your credit score, can fairly estimate the quality of your credit, or the amount of risk that may be involved in extending you a loan.
NAR

New Refinancing Fee Could Roil Mortgage Market

National
National Association of Realtors® President Vince Malta issued the following statement in response to Wednesday’s announcement by Fannie Mae and Freddie Mac of plans to impose a new 0.5% adverse-market fee
MBA

Mortgage Delinquencies Spike in the Second Quarter of 2020

National
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter
MBA

Share of Mortgage Loans in Forbearance Decreases for the Eighth Straight Week to 7.44%

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 23 basis points from 7.67% of servicers
MBA

July New Home Purchase Mortgage Applications Increased 39 Percent Year over Year

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2020 shows mortgage applications for new home purchases increased 39 percent compared from a year ago.
MBA

MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19

National
Home equity loan debt outstanding and borrower utilization rates declined in 2019, and mortgage lenders anticipate originations to fall again this year before increasing modestly in 2021. This is according to the Mortgage Bankers Association's (MBA)

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

Why You Should Use a Realtor to Buy and Sell Your...

We’ve all seen the For Sale By Owner signs, and even the websites.  “Wow,” you might think to yourself. “That sounds like a great way to save on the realtor’s commission and up my profit.”  or “Hey, if I buy straight from the owner, it will cut out all the extra stuff and make the process easier and cheaper.”  You may want to think again.