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Housing Demand Expected to Surge Over Next 10 Years
The Mortgage Bankers Association (MBA) projects between 13.9 and 15.9 million additional households will be formed by 2024, making the next decade one of the strongest in housing in U.S. history, according to a new research paper released today. The report, titled Housing Demand: Demographics and the Numbers Behind the Coming Multi-Million Increase in Households, shows that the housing demand surge will be driven by Hispanics, Baby Boomers, and Millennials.
Refinance Applications Drive Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 14, 2015
Applications for New Home Purchases Decreased in July
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2015 shows mortgage applications for new home purchases decreased by 4 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
Mortgage Delinquencies and Foreclosures Continue to Drop in Second Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.30 percent of all loans outstanding at the end of the second quarter of 2015. This was the lowest level since the second quarter of 2007. The delinquency rate decreased 24 basis points from the previous quarter, and 74 basis points from one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
Mortgage Applications Flat 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 7, 2015
Mortgage Credit Availability Increases in July
Mortgage credit availability increased 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
Refinance, Purchase Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 31, 2015
Commercial/Multifamily Mortgage Originations Continue Strong Pace in Second Quarter
According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2015 commercial/multifamily mortgage loan originations were 29 percent higher than during the same period last year and 16 percent higher than the first quarter of 2015
MBA’s Marcia Davies Honored Among HousingWire’s 2015 Women of Influence
Marcia Davies, Chief Operating Officer (COO) for the Mortgage Bankers Association (MBA) has been honored as one of HousingWire's 2015 Women of Influence. The list, in its fifth year, honors "40 leaders who range from servicers and lenders to tech innovators and heads of nonprofit organizations." As COO, Davies is the second highest ranked executive within MBA
Refinance Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 24, 2015
MBA Significantly Increases Forecast for Home Purchase Lending
The Mortgage Bankers Association (MBA) today released its updated mortgage finance and economic forecasts. The revision included a significant increase in the volume of purchase originations. MBA now projects that purchase originations will reach $801 billion in 2015 and $885 billion in 2016. That is an increase of $71 billion and $94 billion, respectively, over the association's previous forecast.
Mortgage Applications Flat 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 July 17, 2015 The Market Composite Index, a measure of mortgage loan application volume, increased 0.1 percent on a seasonally adjusted basis from one week earlier.
Stevens Blasts Senate Plan to Tax Homebuyers
David H. Stevens, president and CEO of the Mortgage Bankers Association, issued the following statement upon learning that the U.S. Senate's transportation funding bill would extend an increase of Fannie Mae and Freddie Mac's guarantee fees in order to fund transportation projects.
MISMO Announces Update to Release Schedule
The MISMO Residential Standards Governance Committee has announced that it will defer the release of Version 3.4 of the MISMO Reference Model to November 2015. This is a change from the previously announced date of July 2015.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 3, 2015. This week's results included an adjustment for the July 4th holiday.
Mortgage Credit Availability Decreases in June
Mortgage credit availability decreased in June 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
Stevens’ Statement on TRID Implementation Delay
Statement from MBA President & CEO David H. Stevens on news that the Consumer Protection Financial Bureau (CFPB) will propose an amendment to delay implementation of the new TILA-RESPA Integrated Disclosure (TRID) regulation until October 1st
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 12, 2015.
MBA Welcomes 21 New Members
the Mortgage Bankers Association (MBA) announced that in April and May it welcomed 21 new regular members to its ranks, which currently numbers more than 2,200 member companies.
Commercial/Multifamily Mortgage Debt Continues Growth in the First Quarter of 2015
The level of commercial/multifamily mortgage debt outstanding increased by $40.4 billion in the first quarter of 2015, as all four major investor groups increased their holdings. That is a 1.5 percent increase over the fourth quarter of 2014