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)

Measuring YoY Data: Is a Slowdown Bad News?

House_Wooden_Blocks_06_11_14

Sometimes, it seems that the housing data is a case of one-step-forward/two-steps-back. Despite data that shows the current market is holding steady, year-over-year (YoY) numbers suggest a slowdown in activity. But a number of industry leaders are not the least bit concerned that current numbers are below last year’s levels.Click to continue

MBA's Mortgage Action Alliance: MAA Members Carry the Torch on State Advocacy

Congress Side Angle Pic

The real estate finance industry is in the midst of an exceptionally busy time considering the breadth of legislative activity in our realm this year. As we continue to implement and adjust to the regulations mandated by the Dodd-Frank Act, Congress has also started to debate government-sponsored enterprise (GSE) reform, and earlier this month, the Senate Banking Committee finished the mark-up of a bill that would reauthorize Terrorism Risk Insurance.Click to continue

Zillow: Slight Rise in Fixed-Rate Mortgages

House in Hands Pic

The 30-year fixed-rate mortgage (FRM) on Zillow Mortgage Marketplace is currently 4.05 percent, up two basis points from this time last week. The 30-year fixed mortgage rate hovered between 4.02 and 4.08 percent for the majority of the week, dropping below four percent on Friday before rising to the current rate this morning.Click to continue

FHFA Seeks Input on Potential MI Changes for GSEs

FHFA_Logo_04_13_12

The Federal Housing Finance Agency (FHFA) is seeking input on draft requirements that would apply to private mortgage insurance (MI) companies that insure mortgage loans owned or guaranteed by Fannie Mae and Freddie Mac. These requirements would apply only to private mortgage insurers that are currently approved to do business with Fannie Mae or Freddie Mac and those seeking approval in the future.  Click to continue

MBA Promotes Sullivan and Van Raaphorst to AVP Positions

MBA_Logo_New_09_19_13

David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), announced the promotion of two current staffers, Meghan Sullivan and Rob Van Raaphorst, from director to associate vice presidents.Click to continue

Mortgage Credit Availability Up in June

Keys to Homeownership Pic

Mortgage credit availability increased in June 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 0.6 percent from 115.1 in May to 115.8 in June. 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

Zillow: Mortgage Rates Remain Flat Overall for the Week

For Sale Sign/Credit: Medioimages/Photodisc

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.98 percent, down five basis points from this time last week. The 30-year fixed mortgage rate hovered around four percent for the majority of the week, before dropping slightly to the current rate on Tuesday morning.Click to continue