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Share of Mortgage Loans in Forbearance Remains Flat at 7.20%
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 Statement on FHFA Extending Pandemic-Related Programs
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
Existing-home sales continued on a strong, upward trajectory in July, marking two consecutive months...
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%
Mortgage Delinquencies Spike in the Second Quarter of 2020
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
Share of Mortgage Loans in Forbearance Decreases for the Eighth Straight Week to 7.44%
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
July New Home Purchase Mortgage Applications Increased 39 Percent Year over Year
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 Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19
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)
Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July 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.
Commercial/Multifamily Borrowing Falls 48 Percent in the Second Quarter of 2020
Commercial and multifamily mortgage loan originations were 48 percent lower in the second quarter compared to a year ago, and declined 31 percent from the first quarter of 2020
Share of Mortgage Loans in Forbearance Decreases for Seventh Straight Week to 7.67%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 7.74% of servicers' portfolio volume in the prior week to 7.67% as of July
MBA Opens Doors Foundation Receives $100,000 from AmeriHome Mortgage Company
The MBA Opens Doors Foundation (Opens Doors) today announced that it has received a $100,000 donation from AmeriHome Mortgage Company. With this gift, Opens Doors will further deliver on its mission of providing mortgage and rental
Multifamily Lending Increased 7 Percent to New Record High in 2019
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided a total of $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units
Share of Mortgage Loans in Forbearance Decreases for Fifth Straight Week to 7.80%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 38 basis points from 8.18% of servicers' portfolio volume in the prior week to 7.80% as of July 12, 2020
MISMO® Certifies First Two Remote Online Notary Products
MISMO®, the mortgage industry's standards organization, today announced that eNotaryLog and Notarize are the first two companies to complete MISMO's new Remote Online Notarization (RON) certification program.
Matt Rocco of Grandbridge Real Estate Capital Nominated to be 2021 MBA Vice Chairman...
The Mortgage Bankers Association (MBA) announced that Matthew G. Rocco, Sr., Chairman of the Board and Chief Executive Officer of Grandbridge Real Estate Capital
Share of Mortgage Loans in Forbearance Decreases Slightly to 8.47%
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 8.48% of servicers' portfolio volume in the prior week to 8.47% as of June
Share of Mortgage Loans in Forbearance Increases to 8.16%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.91% of servicers' portfolio volume in the prior week
MBA Statement on FHFA’s Announcement on Refinance and Home Purchase Eligibility for Homeowners in...
MBA President and CEO Robert D. Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement on refinance and home purchase
Share of Mortgage Loans in Forbearance Increases to 7.91%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.54% of servicers' portfolio volume in the prior week to 7.91%
MISMO® Launches Initiative to Apply Digital Mortgage Standards to the Loan Modification Process
MISMO®, the mortgage industry's standards organization, is seeking industry participants to join its initiative of applying digital mortgage standards, guidelines, and best practices