Subscribe to the print edition of National Mortgage Professional MagazineSubscribe to our RSS feedFollow us on TwitterGet daily updates via emailJoin us on Facebook

Mortgage Bankers Association (MBA)

What Happens If (and When) Rates do Rise?

Rates Climb

The humorist Arnold H. Glasow once quipped, “Nothing lasts forever—not even your troubles.” But for many mortgage professionals, it seems that historically low interest rates have been the new normal for a period that seems like forever. But will there be new troubles for the housing market should rates finally begin to significantly uptick?Click to continue

Tracing Stagnant Mortgage Apps to Less Affordable Housing

House_Drawn_Pic

The relative inertia in mortgage applications continued for another week. But in view of new data warning about the evaporation of affordability in the residential property market, one could easily connect the stagnation with mortgage applications and the disappearance of housing inventory that is within financial reach of many middle- and working-class Americans.Click to continue

Q2 Delinquency and Foreclosure Rates Slide

Commercial Property Photo

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.04 percent of all loans outstanding at the end of the second quarter of 2014. The delinquency rate decreased for the fifth consecutive quarter and reached the lowest level since the fourth quarter of 2007. The delinquency rate decreased seven basis points from the previous quarter, and 92 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.Click to continue

Can Any Profit Be Made in Today’s Mortgage Marketplace?

Home_Money_Grass_08_07_14

The latest mortgage data is not much different from data released in recent weeks, and this raises a thorny question: How is it possible for mortgage professionals to generate profits in such an inert climate? The answer, according to industry leaders, is an old-fashioned combination of focus and planning.Click to continue

The Elite Performer: Spring Forward

461303925.jpg

It’s that special time of year again when flowers are blooming, eyes are itching and spring is in the air. The 2014 housing market can certainly use a little sun to get buyers more active and sellers motivated to list and grow inventory after a slow start to the year. From talking with many colleagues in the industry, February was one of the slowest months many have experienced in recent history. Big regulatory changes in the mortgage sector are now a reality, and we’re in a new era of residential mortgage financing.Click to continue

July Sees Rise in Mortgage Credit Availability

House Keys/Credit: Digital Vision

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 the AllRegs Market Clarity product. 

The MCAI increased 0.5 percent from 115.8 in June to 116.4 in July. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of a loosening of credit. The index was benchmarked to 100 in March 2012. Click to continue

Q2 Commercial and Multifamily Originations Dip Year Over Year

Commercial and Multifamily Property

According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2014 commercial and multifamily mortgage loan originations were two percent lower than during the same period last year, but 34 percent higher than the first quarter of 2014.Click to continue