Archives
ICYMI: Larson Discusses ‘DOGE’ and Trump-Musk Cuts to Social Security on The Back Room...
This weekend, House Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) joined The Back Room with Andy Ostroy to discuss Elon Musk’s ‘DOGE,’
Share of Mortgage Loans in Forbearance Decreases Slightly to 0.36% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’
MBA Statement on the Reintroduction of House and Senate Bills to Stop Abusive Trigger...
MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the reintroduction of the Homebuyers Privacy Protection Act in the U.S. House of Representatives and
HUD Extends Foreclosure Relief to More than One Million FHA Borrowers Recovering from Hurricanes...
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing
Avoid Foreclosure: Why Selling to a Cash Buyer Can Save Your Home
Foreclosure is a legal process that allows lenders to reclaim property when homeowners fail to meet their mortgage obligations. It begins when a borrower falls behind on their
MBA Calls on VA and Congress to Implement Permanent Partial Claim Program to Assist...
MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the Department of Veterans Affairs’ (VA) reported plans of a phase-out of its Veterans Affairs Servicing
AssetVal and Restb.ai to Modernize Broker Price Opinions with AI-Powered Visual Validation
AssetVal, a valuation industry leader known for delivering high-quality Broker Price Opinions (BPOs), is partnering with Restb.ai, a trusted innovator in computer vision AI for the mortgage
Slight Decline in Rates Helps New Home Sales to Edge Higher in February
A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong
MBA Releases 2024 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association
Commercial and Multifamily Mortgage Debt Outstanding Increased in the Fourth Quarter of 2024
The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was $172 billion (3.7 percent)
The Mortgage Broker Process From Start to Finish
The mortgage broker industry plays a key role in the home-buying process. With so many options and regulations, having someone experienced by your side can make a real difference. Brokers act as go-betweens for buyers and lenders, helping clients find loan options that fit their finances.
zavvie Launches HomeFAI: AI-Powered Alternative Financing System Brings Speed and Cash to Win More...
zavvie, a leading fintech company bringing liquidity to residential real estate, has launched an AI powered platform designed to
Mortgage Credit Availability Increased in February
Mortgage credit availability increased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Dividing Assets Made Easy: How to Sell Your House Quickly to a Cash Buyer
When facing the complexities of dividing assets, the urgency to sell your house quickly can become paramount. Whether you’re navigating a divorce, settling an estate, or simply wishing to
Busting the Top Myths About Cash Home Buyers in 2025!
In today's fast-paced real estate market, cash home buyers have become a prominent force, often surrounded by a cloud of myths and misconceptions. As we delve into 2025, understanding who
Pending Home Sales Waned 4.6% in January
Pending home sales pulled back 4.6% in January according to the National Association of REALTORS®. The Midwest, South and West experienced month-over-month losses in transactions – with the most significant drop in the South – while the Northeast saw a
January New Home Purchase Mortgage Applications Decreased 6 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2025 shows mortgage applications for new home purchases decreased 6 percent compared from a
Families Must Spend 38% of Their Income on Mortgage Payments
In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the
Share of Mortgage Loans in Forbearance Decreases to 0.40% in January
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 0.47% of servicers’
Understanding Homeownership Costs and Responsibilities
Homeownership is a significant milestone, often symbolizing financial stability and personal success. However, owning a home comes with more than just the joy of having a place to call your
