Mortgage
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Multifamily Lending Hit Record High of $487 Billion in 2021
In 2021, 2,215 different multifamily lenders provided a total of $487.3 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market
MBA Statement on the Treasury Department’s Guidance to Increase Affordable Housing Supply
MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the Department of the Treasury’s new guidance to increase the ability of state, local, and tribal
UpEquity and zavvie join forces to expand options for home sellers, buyers
There are two enormous obstacles in today’s real estate market: competing against all-cash buyers and the certainty of having a home to move into before you sell. Technology is helping buyers
MBA Opens Doors Foundation Raises More than $187,000 During MBA’s Chairman’s Conference
The MBA Opens Doors Foundation (Opens Doors) today announced that it raised $187,200 during MBA’s annual Chairman’s Conference. As part of the proceeds raised
FFIEC Announces Availability of 2021 Data on Mortgage Lending
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2021 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,338 U.S. financial institutions.
Baby Boomer Homeowners’ Mortality Expected to Have Minimal Impact on Housing Supply and Prices
More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population
MooveGuru Grows Employee Count by 20%
As massive layoffs cover the headlines in prop tech, MooveGuru continues its expansion, adding 10 more employees representing a 20% growth in staff to support rapid expansion. This growth comes on the heels of last month's announcement of franchise partnerships in 26 additional States. As the real estate industry refocuses toward serving clients
Mortgage Applications for New Home Purchases Decreased 5 Percent in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2022 shows mortgage applications for new home purchases decreased 5 percent compared to a year ago.
NeighborWorks America celebrates NeighborWorks Week and positive impact of empowering communities, creating housing stability
NeighborWorks Week is recognized annually during the first week
Mortgage Credit Availability Decreased in May
Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Second Century Ventures Opens Applications for 2023 REACH Canada Real Estate Technology Program
The Canadian arm of the REACH real estate technology scale-up program is now accepting applications for its 2023 cohort.
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.
Pending Home Sales Descend 3.9% in April
Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors® reported. Only the Midwest region saw signings increase month-over-month, while the other three major regions
In Just 8 Months, YourHomeHub Powered by MooveGuru Has Already Sold Out 26 States...
In October 2021, a likely source emerged with the first ever property tech franchise — MooveGuru. Through its automated data capture and delivery platforms, MooveGuru has been perfecting the consumer experience during the moving process.
Share of Mortgage Loans in Forbearance Decreases to 1.05% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 13 basis points from 1.18%
Kansas Housing Launches Mortgage Relief Program
Kansas Housing Resources Corporation (KHRC) launched the Kansas Homeowner Assistance Fund (KHAF), providing mortgage and utility assistance to Kansas households impacted by the COVID-19 pandemic
Inflation and Russia’s Invasion of Ukraine Expected to Take Toll on U.S. Economy and...
The Russian invasion of Ukraine, and its implications for the global economy, has added to growing inflation pressures and ongoing supply chain difficulties as monetary policy tightening begins, according to the March 2022 commentary from the Fannie Mae (FNMA/OTCQB) Economic and Strategic Research (ESR) Group.
How NFTs And DeFi Are Revolutionizing The Real-Estate Industry
The real-estate industry is one of the oldest and most traditional industries globally. However, it is starting to feel the effects of blockchain technology and decentralized finance (DeFi). Non-fungible tokens (NFTs) are playing a significant role in this transformation, and here we will discuss how NFTs and DeFi are changing the real estate market.
New Home Sales Soften in February on Higher Mortgage Rates and Construction Costs
Higher mortgage rates and construction costs pushed new home sales lower in February even as demand remains solid due to a lack of existing home inventory.
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 Mortgage Technology