Mortgage Bankers Association (MBA)

MBA’s Purchase Applications Payment Index hits record high.

Both refinance and purchase applications increased.

Suggests two regulatory changes to 'fine-tune' a key asset in the mortgage finance sector.

Purchase application volume rose while refis continued to fall.

It was the 4th straight month with a year-over-year increase.

After 4 weeks of declines, volume jumped more than 7% last week.